GrowLife Inc (PHOT)

[Kristi]

The losses are expected to continue and will greatly widen as they ramp up spending with little cash coming in.

Are you even keeping up with what's been going on lately??

“The most efficient way for us to take advantage of the explosive growth in the industry is to be proactive and bring our goods directly to our customers. Since June, we’ve developed and launched the first 17 states of our nationwide sales expansion plan,” said GrowLife President Marco Hegyi. “Also, we’ve shed more than 60 percent in operating expenses from under performing retail and business units with this plan. This increases our ability to reach a significantly larger customer base, thus generating greater revenue at a much lower operating cost. We’ve passed on these savings to the customer as well.”

SIXTY PERCENT !!!! ~ AND passing the savings on to the customer???

Ok, your turn ~