GrowLife Inc (PHOT)

[Kristi]

Ok Wheels ~

A man (Sterling Scott) who was just asked to resign from a company that he helped to bring to life who already had 50 million shares of unrestricted stock, exercises a option to get several million more.....

Sterling was asked to resign?? You sure about that??? NOTHING states he was asked to resign.

WOODLAND HILLS, Calif., May 22, 2014 /PRNewswire/ -- GrowLife, Inc. (OTC: PHOT), the recognized leader in specialty hydroponics and an essential facilitator of the grower marketplace, today announced the decision made by Sterling Scott to depart from daily operational duties as Chief Executive Officer and Director and Chairman of the Board for personal reasons. Marco Hegyi, Company President, will assume Mr. Scott's CEO duties and responsibilities, and continue to drive development and expansion strategies.

Just exactly what do you think he is going to do with them? Sit on them and watch the current PPS slowly wither and die on the vine...(Which is just exactly what it is doing).......

Well considering it actually seems to be holding up pretty well given the circumstances... Sterling knowing more about the ENTIRE situation than we do... I would think something might just be up.

AND Sterlings wife who by coincidence sold several million shares 1 day prior to the SEC ordered suspension, and who has 6+ million shares in her name. Do you believe she is going to sit on her dairy-aire and watch the current PPS wither and die.....

No clue what Sterling's wife is going to do.. but with 6+ million at the current PPS, I'm thinking NOT a lot for now

I do not think so...Sterling knows the shape of the company...$35mm in debt, with little to no cash coming in, civil lawsuits all over the place, Q2 due out in a couple of weeks, which we all know will be a TOTAL DISASTER...Sitting in the Grey sheets with little to no chance of EVER obtaining a MM so as to get uplisted...

EXACTLY... thanks for pointing this out for the rest of the class... Sterling DOES know the shape of the company.. Sterling ALSO knows my man Marco is driving the ship now... A LOT has changed since Marco has taken over and I'm pretty sure we can ALL agree that we have a lot of faith in Marco... he's obviously doing the right thing by amending and correcting things... and lets NOT forget, he's filing forms in the proper manner... something those on the Grey's don't really do... now ask yourself... why on earth would they continue to clean house and do what's right and expected to be compliant with the SEC and FINRA if they have no intentions of finding an MM to file the form 211???

YES I BELIEVE HE WILL START TO DUMP SHARES (If he has not already started to)...I would if I were him or her...LOL

Well, we all have our beliefs and you're certainly entitled to yours... but that doesn't always make them true.

Just remember.... Actions speak louder than words and from what I have seen so far, they have been acting in a manner that might just surprise you.

Come on Wheels, even you and Global have to admit it.