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PHOT is a legit Company, Could be one of the best long term stocks on OTCB...
GrowLife Reports Record 300% + Increase in Q4 Revenues and Audited FY 2012 Financial Results
GrowLife, Inc. (OTCQB:PHOT), a provider of highly effective indoor growing technologies and unique lifestyle brands, is pleased to announce the timely filing of its audited results for the fourth quarter 2012, as well as the fiscal year ending December 31, 2012. The full 10K filing is available at http://www.GrowLifeInc.com/ or on the SEC's website http://edgar.sec.gov/.
Highlights include:
Sales of $675,000 in Q4 2012
300% + revenue improvement compared to Q4 2011
42% revenue improvement compared to Q3 2012
They have a deal going with PHOT. Its Worth checking out
I really couldn't...lol
How about another gap up tomorrow
Any body heard from The Mayor...
He has a good point! Just saying.
The selling stopped, time for a reversal....
Lmao, this post cracked me up. It's really true tho..
Power Hour we blow thru the .06! We were here the other day before the news!!!! Phot
A lot of big Bids coming to get a piece of the pie!!!! Hopefully we close above .07!
Can UBSB split there sell up!
Yes Sir Buddy! Shares of PHOT are still cheap at these levels!!!
Might ought to Check out PHOT!!! Up 25% with great financials out.
We could see a nice run here! The MACD Histogram is crossing over for a Bullish run.... LOOKS GOOD. PSID
It's going to be a good week, month, year.... I'm glad people hung in there, I almost thru my chips... Go PHOT
This helps everybody understand the 10k! Should be are time to shine today and weeks to come!!!!! Go Phot!!!!
PHOT~ 300% Record Increase in 4th Q! Could be a nice long term play!
GrowLife Reports Record 300% + Increase in Q4 Revenues and Audited FY 2012 Financial Results
GrowLife, Inc. (OTCQB:PHOT), a provider of highly effective indoor growing technologies and unique lifestyle brands, is pleased to announce the timely filing of its audited results for the fourth quarter 2012, as well as the fiscal year ending December 31, 2012. The full 10K filing is available at http://www.GrowLifeInc.com/ or on the SEC's website http://edgar.sec.gov/.
Highlights include:
Sales of $675,000 in Q4 2012
300% + revenue improvement compared to Q4 2011
42% revenue improvement compared to Q3 2012
"We are very pleased with GrowLife's fourth quarter and full year performance, particularly as Q4 2012 was the first profitable quarter in the company's history, exclusive of cash used to pay obligations that carried over from prior accounting periods, and charges to G&A that reflect stock based incentives to management and employees," said GrowLife Inc. CEO Sterling Scott.
"GrowLife has become a much deeper and stronger company since early 2012, with many more products, more channels for distribution and more industry connectedness than at any time in our history. While our outstanding share count has increased overall, share issuance has been directly connected with acquisitions, balance sheet strengthening with debt reduction, and broadening of our base of committed shareholders. Our opportunity for expansion of product offerings in the legal medical marijuana business in the USA has never been greater."
GrowLife continues to differentiate itself from other public companies looking to target the medical marijuana industry by maintaining fully reporting status and detailing a forward looking business plan that aims to support the growth of our respective business units.
Milestones include:
Acquisition of Greners.com – Online Hydro Superstore
GrowLife was established as the name for our holding company (formerly Phototron Holdings) as we expanded from a single product line to a more broadly based company with many product lines
Acquisition of Urban Garden – Retail Hydro Store
GrowLife securities established as DTC eligible to facilitate electronic transfer of certificates by our shareholders
High Times Cover: SG Sensors – Cutting Edge Remote Grow Technology
High Times Cover: Stealth Grow LED – "Game Changer" in LED Technology
GrowLife Productions, Inc., a wholly owned subsidiary, launched to focus on branding and entertainment industry promotions for GrowLife
GrowLife Hydroponics, Inc., a wholly owned subsidiary, launched to focus on brick and mortar hydroponics retailing launched
Initiated the first stage of GrowLife's push into therapeutic applications of Cannabis with Medicus Research
Significant milestones were achieved for GrowLife, Inc. as far as brand penetration with potential for future growth. We acquired business units that are basically litmus tests and infrastructure for growth. We have online retail, brick-and-mortar, and technologies which we believe are superior to the rest of the market. Understanding these sales channels is instrumental in building a scalable business and the integrated brand that is GrowLife.
GrowLife's FY 2013 Guidance
For 2013, GrowLife's management provides the following forward-looking guidance, which is limited to revenue from sales, consistent with our current visibility into operations.
Management projects sales in 2013 in the range between $3.9 million and $4.3 million, exclusive of any expansion of GrowLife business through potential acquisitions. These projections are explicitly based upon past results and extrapolating that data.
For details regarding our business, our detailed financial statements, significant accounting policies and notes to our detailed financial statements, we refer interested parties to our 10K report filed on this date with the SEC.
About GrowLife, Inc.
GrowLife, Inc. (PHOT) (formerly Phototron Holdings, Inc.) (www.growlifeinc.com) is a company with core holdings in innovative technology-based products and services for the indoor gardening industry and specialty markets. These brands include Stealth Grow, a producer of grow room automation equipment and hi-powered LED grow light products for indoor horticulture (www.sgsensors.com and www.stealthgrow.com), Greners.com, the online hydroponics superstore (www.greners.com) and Phototron, producer of hydroponic grow containers, which are designed to grow vegetables, herbs, flowers and fruits in any environment (www.phototron.com). GrowLife is also the US distributor for the Urban Cultivator brand—the greens machine (www.urbancultivator.net).
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this press release contains financial estimates and other forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) that are subject to risks and uncertainties, and actual results might differ materially. Examples of such forward-looking statements include management's projected 2013 revenue guidance, references to potential acquisitions, and other references to potential growth in the business. A discussion of factors that may affect future results is contained in GrowLife's filings with the Securities and Exchange Commission. In addition, all industry products are subject to additional uncertainty, including the risks of delay, cancellation and poor critical or financial reception. GrowLife disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.
CONTACT: Company Contact:
GrowLife Inc.
Kyle Tracey, (800) 977-5255
kylet@growlifeinc.com
IR Contact:
Integrity Media
Kurt Divich, (702) 396-1000
kurt@integrityir.com
Report TOS
300% Increase is in Q4...Nice!!!!
GrowLife Reports Record 300% + Increase in Q4 Revenues and Audited FY 2012 Financial Results
GrowLife, Inc. (OTCQB:PHOT), a provider of highly effective indoor growing technologies and unique lifestyle brands, is pleased to announce the timely filing of its audited results for the fourth quarter 2012, as well as the fiscal year ending December 31, 2012. The full 10K filing is available at http://www.GrowLifeInc.com/ or on the SEC's website http://edgar.sec.gov/.
Highlights include:
Sales of $675,000 in Q4 2012
300% + revenue improvement compared to Q4 2011
42% revenue improvement compared to Q3 2012
"We are very pleased with GrowLife's fourth quarter and full year performance, particularly as Q4 2012 was the first profitable quarter in the company's history, exclusive of cash used to pay obligations that carried over from prior accounting periods, and charges to G&A that reflect stock based incentives to management and employees," said GrowLife Inc. CEO Sterling Scott.
"GrowLife has become a much deeper and stronger company since early 2012, with many more products, more channels for distribution and more industry connectedness than at any time in our history. While our outstanding share count has increased overall, share issuance has been directly connected with acquisitions, balance sheet strengthening with debt reduction, and broadening of our base of committed shareholders. Our opportunity for expansion of product offerings in the legal medical marijuana business in the USA has never been greater."
GrowLife continues to differentiate itself from other public companies looking to target the medical marijuana industry by maintaining fully reporting status and detailing a forward looking business plan that aims to support the growth of our respective business units.
Milestones include:
Acquisition of Greners.com – Online Hydro Superstore
GrowLife was established as the name for our holding company (formerly Phototron Holdings) as we expanded from a single product line to a more broadly based company with many product lines
Acquisition of Urban Garden – Retail Hydro Store
GrowLife securities established as DTC eligible to facilitate electronic transfer of certificates by our shareholders
High Times Cover: SG Sensors – Cutting Edge Remote Grow Technology
High Times Cover: Stealth Grow LED – "Game Changer" in LED Technology
GrowLife Productions, Inc., a wholly owned subsidiary, launched to focus on branding and entertainment industry promotions for GrowLife
GrowLife Hydroponics, Inc., a wholly owned subsidiary, launched to focus on brick and mortar hydroponics retailing launched
Initiated the first stage of GrowLife's push into therapeutic applications of Cannabis with Medicus Research
Significant milestones were achieved for GrowLife, Inc. as far as brand penetration with potential for future growth. We acquired business units that are basically litmus tests and infrastructure for growth. We have online retail, brick-and-mortar, and technologies which we believe are superior to the rest of the market. Understanding these sales channels is instrumental in building a scalable business and the integrated brand that is GrowLife.
GrowLife's FY 2013 Guidance
For 2013, GrowLife's management provides the following forward-looking guidance, which is limited to revenue from sales, consistent with our current visibility into operations.
Management projects sales in 2013 in the range between $3.9 million and $4.3 million, exclusive of any expansion of GrowLife business through potential acquisitions. These projections are explicitly based upon past results and extrapolating that data.
For details regarding our business, our detailed financial statements, significant accounting policies and notes to our detailed financial statements, we refer interested parties to our 10K report filed on this date with the SEC.
About GrowLife, Inc.
GrowLife, Inc. (PHOT) (formerly Phototron Holdings, Inc.) (www.growlifeinc.com) is a company with core holdings in innovative technology-based products and services for the indoor gardening industry and specialty markets. These brands include Stealth Grow, a producer of grow room automation equipment and hi-powered LED grow light products for indoor horticulture (www.sgsensors.com and www.stealthgrow.com), Greners.com, the online hydroponics superstore (www.greners.com) and Phototron, producer of hydroponic grow containers, which are designed to grow vegetables, herbs, flowers and fruits in any environment (www.phototron.com). GrowLife is also the US distributor for the Urban Cultivator brand—the greens machine (www.urbancultivator.net).
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this press release contains financial estimates and other forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) that are subject to risks and uncertainties, and actual results might differ materially. Examples of such forward-looking statements include management's projected 2013 revenue guidance, references to potential acquisitions, and other references to potential growth in the business. A discussion of factors that may affect future results is contained in GrowLife's filings with the Securities and Exchange Commission. In addition, all industry products are subject to additional uncertainty, including the risks of delay, cancellation and poor critical or financial reception. GrowLife disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.
CONTACT: Company Contact:
GrowLife Inc.
Kyle Tracey, (800) 977-5255
kylet@growlifeinc.com
IR Contact:
Integrity Media
Kurt Divich, (702) 396-1000
kurt@integrityir.com
I'm ready! Should be a really good month! Phot
I got a promo email from another stock in this sector and they were talking good things about the MJ sector~ PHOT
Sorry PR would follow
It would be nice if some big time would follow! phot
~ Go PHOT, should be in an uptrend for a while!!!!
Nice little hammer formed today!
That's awesome!
Pick- FNRC
Ask Apostle, if it's true
Ask Apsol
The other day Kurt emailed back and said that know one in the company was selling off any shares.
Who is selling at these prices, why is there som many shares being sold
Maybe Sterling and The team need to stop taking bong rips and trying there products out and get something figured out... It's puff puff throw us a bone...
Coming on PHOT!!!!
Whoever called the .04's what right. I thought I would never see it tho. I'm believing we get something positive soon.
This morning must have been all the shorts covering? Should see an increase from here!
Dang- Can they lighting up on the ask- we need a breathe once in a while!
Kurt ailed me and said on or before April 1st
What the freak just happened @.025 and now .0165... Wow
Looks like there is support at .05...
Thanks, bought 200k Thursday... It looks ready!
A nice Dojo was formed here Friday, the chart looks great for a reversal... Should be back to over .02 first of the week!
Buy Confirmed!! (Somebody may have already posted this)
PHOT
PHOTOTRON HOLDINGS INC
Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 03.04.2013 (18) days ago, when the stock price was 0.0701. Since then PHOT has fallen -26.68% .
BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 0.0510 ) according to the Rules of Confirmation.
Patience pays off. The market wavered a bit but finally confirmed the recent bullish formation. The dose of the previous day was not enough for a BUY-IF confirmation but today it is. The market opened with a gap up and the day’s activity resulted in a close higher than the open. This is a valid confirmation criterion. The market is now ready for a bullish move.
We hope that you bought this stock . You should watch the upward gap in the opening, wait a bit, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.
If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any.
Data provided by: End of Day Data
BUY
CONFIRMED
0.0514
+0.0014 +2.80%
Candlestick Analysis
Today’s Candlestick Patterns:
White Spinning Top