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I would also love to hear your thoughts on TTDZ
And Thanks for all the educational info! Awesome!
Hi Lowtrade I just came a crossed your board. love the information ive read so far! I am holding fITX right now and I was considering an exit point. so I was glad to see your post.
I just wanted to make sure i understood you correctly, that you believe now is a good place to take profit. and re-enter just above the 50% fib. retracement? using the price points of .02 to .065 for the fib? making the entry price about .045? with a stop just below the 50%?
PHOT: INFO The picks and shovels, The Financing, the retail stores (online and store fronts) US & Canada presence.the list goes on.. fully reporting. more JV expected. and every reason to believe they already have. they are ready to Move up significantly!
If your looking for a solid MJ company Growlife is the best MJ play IMO and well worth taking a look at
http://stockcharts.com/freecharts/gallery.html?s=PHOT
GrowLife Enters into Strategic Partnership with RXNB Inc., an Emerging Innovative Pharmaceutical and Nutraceutical Company with Extensive Technology Assets Applicable to the Medical Marijuana Industry
http://www.marketwatch.com/story/growlife-enters-into-strategic-partnership-with-rxnb-inc-an-emerging-innovative-pharmaceutical-and-nutraceutical-company-with-extensive-technology-assets-applicable-to-the-medical-marijuana-industry-2014-01-31?reflink=MW_news_stmp
Wall street journal
GrowLife and CEN Biotech Announce Collaboration on the World's Largest and Most Advanced Legal Cannabis Production Facility
http://online.wsj.com/article/PR-CO-20140129-908203.html
http://seekingalpha.com/article/1982781-why-i-am-getting-giggly-over-growlife-inc
http://growlifeinc.com/news/
PHOT: INFO The picks and shovels, The Financing, the retail stores (online and store fronts) US & Canada presence.the list goes on.. fully reporting. more JV expected. and every reason to believe they already have. they are ready to Move up significantly!
If your looking for a solid MJ company Growlife is the best MJ play IMO and well worth taking a look at
http://stockcharts.com/freecharts/gallery.html?s=PHOT
GrowLife Enters into Strategic Partnership with RXNB Inc., an Emerging Innovative Pharmaceutical and Nutraceutical Company with Extensive Technology Assets Applicable to the Medical Marijuana Industry
http://www.marketwatch.com/story/growlife-enters-into-strategic-partnership-with-rxnb-inc-an-emerging-innovative-pharmaceutical-and-nutraceutical-company-with-extensive-technology-assets-applicable-to-the-medical-marijuana-industry-2014-01-31?reflink=MW_news_stmp
Wall street journal
GrowLife and CEN Biotech Announce Collaboration on the World's Largest and Most Advanced Legal Cannabis Production Facility
http://online.wsj.com/article/PR-CO-20140129-908203.html
http://seekingalpha.com/article/1982781-why-i-am-getting-giggly-over-growlife-inc
http://growlifeinc.com/news/
PHOT: INFO The picks and shovels, The Financing, the retail stores (online and store fronts) US & Canada presence.the list goes on.. fully reporting. more JV expected. and every reason to believe they already have. they are ready to Move up significantly!
If your looking for a solid MJ company Growlife is the best MJ play IMO and well worth taking a look at
http://stockcharts.com/freecharts/gallery.html?s=PHOT
GrowLife Enters into Strategic Partnership with RXNB Inc., an Emerging Innovative Pharmaceutical and Nutraceutical Company with Extensive Technology Assets Applicable to the Medical Marijuana Industry
http://www.marketwatch.com/story/growlife-enters-into-strategic-partnership-with-rxnb-inc-an-emerging-innovative-pharmaceutical-and-nutraceutical-company-with-extensive-technology-assets-applicable-to-the-medical-marijuana-industry-2014-01-31?reflink=MW_news_stmp
Wall street journal
GrowLife and CEN Biotech Announce Collaboration on the World's Largest and Most Advanced Legal Cannabis Production Facility
http://online.wsj.com/article/PR-CO-20140129-908203.html
http://seekingalpha.com/article/1982781-why-i-am-getting-giggly-over-growlife-inc
http://growlifeinc.com/news/
testing .31 support then UP!
For Apostle
I strongly believe we have GIFT programs running in the Denver/ Pueblo area already as well. I think that we are supplying all the equipment for the deals that (CANN) Advanced Cannabis Solutions has put together over there as well. and (FSPM) FusionPharm buys all there equipment from PHOT. Its easy to forget how many deals Growlife has going on. I think they are doing a great job!
They have made a lot of connections. I think we will be hearing about several other Acquisition soon, that we have not caught wind of at all yet.
With all the markets way down today. I think we hung in there pretty good. was hoping for more as we all were. But I don't think its going to be held down much longer..
PHOT is not sitting on there butts! and is out there making the deals! what more could we ask??
Settle down.. the market has only been open for 40min
Geeezzz..
Settle down.. markets only been open for 30min.
Geezzz...
HAPPY!! LOL!!
WHOOT WHOOT!!
Apostle, I think Its time for one of you movie clips ! LOL!!!
GrowLife and CEN Biotech Announce !!
Collaboration on the World's Largest and Most Advanced Legal Cannabis Production Facility
Date : 01/29/2014 @ 7:15AM
Source : PR Newswire (US)
Stock : Growlife Inc. (QB) (PHOT)
Quote : 0.257 0.0 (0.00%) @ 8:36AM
GrowLife and CEN Biotech Announce Collaboration on the World's Largest and Most Advanced Legal Cannabis Production Facility
Print
Alert
Growlife Inc. (QB) (OTCBB:PHOT)
Intraday Stock Chart
Today : Wednesday 29 January 2014
Click Here for more Growlife Inc. (QB) Charts.
WOODLAND HILLS, Calif., Jan. 29, 2014 /PRNewswire/ -- GrowLife, Inc. (OTCBB: PHOT), a diversified company operating in the legal cannabis industry which develops, markets and deploys products and services of legal cannabis, is pleased to announce that Organic Growth International, LLC ("OGI"), its previously announced joint venture with CANX USA, LLC, has entered into a series of agreements with CEN Biotech, Inc., subject to the approval of the GrowLife Board of Directors. GrowLife currently has a 45% ownership interest in OGI, with conditions under which it can gain majority interest.
CEN Biotech, working under the inspection and authority of Health Canada, has completed the extraordinary governmental processes in Canada to receive approval to begin constructing their state of the art medical marijuana facility in the City of Lakeshore, Ontario, Canada. The facility has undergone extensive vetting by authorities to ensure strict compliance and facility security requirements of Canadian Government and provincial requirements in Canada. Importantly, the facility has been graciously embraced by the town of Lakeshore and the Windsor Essex Economic Development Authorities as a most desirable source of jobs and economic activity for this highly agricultural region. This production facility is expected to have the capacity to produce up to 1.3 million pounds of dried medical marijuana annually, and the total may include capacity that is set aside for import and export. While facility construction has commenced, as of the date of this release CEN Biotech has to next secure the final and formal permissions to grow, harvest, package, and sell medical marijuana in Canada or for export.
Through a series of agreements, OGI facilitated a 25% equity position in CEN Biotech which is in addition to the ownership interest in certain licensing fees from CEN Biotech held through OGI, along with a shared right to revenue sharing of 7.7% of all gross payments received by CEN Biotech. In addition, GrowLife and its affiliates will serve as CEN Biotech's exclusive supplier of legal cannabis growing equipment for the entire term of the shared ownership, subject to certain limitations. Furthermore, if and when CEN Biotech achieves cumulative manufacturing and sales volume of one million pounds of cannabis, OGI will be entitled to a $100 million payment. In exchange for the rights listed above, and others, GrowLife will issue to designated CEN Biotech shareholders a total of 235,294,118 shares of restricted GrowLife common stock, the equivalent of $40 million at $0.17 per share, after CEN Biotech is formally approved to produce and harvest cannabis by the appropriate Canadian authorities. The shares will be issued only if CEN Biotech receives final approval to grow and sell marijuana as currently planned, which means any issuance will likely be months in the future and closer to when there are revenue opportunities for CEN Biotech and therefore GrowLife. If these shares are ultimately issued, GrowLife will be obligated to register them under applicable federal and state securities laws. This contingent issuance is also subject to the GrowLife shareholders increasing the authorized common stock at the upcoming special meeting of shareholders.
"The agreement represents an outstanding beginning for GrowLife's newly expanded business model and entry into lucrative global market sectors in legal cannabis," stated Sterling Scott, CEO, GrowLife Inc. "The scale of the planned operations is truly unprecedented for legal cannabis worldwide as the facility has been proposed and is under construction for a production capacity of up to 1.3 million pounds of dried medical marijuana annually. We are extremely pleased to participate in this tremendous revenue opportunity for GrowLife and its shareholders which we believe clearly installs GrowLife as one of the foremost cannabis related companies on an international level."
"When we were provided with the opportunity to potentially provide these services in Canada our team realized that we needed the additional support and expertise of an elite cannabis company with the assets, technology, and intellectual capital to see our dream through to reality," stated Bill Chaaban, President and CEO, CEN Biotech. "In GrowLife we have found that ideal partner."
A full 8k detailing the Agreement will be released within the allowed time period. A GrowLife Investor Presentation can be viewed online at http://growlifeinc.com/growlife-presentations-october-2013/
From time to time, GrowLife will provide market updates and news via its websites GrowLifeInc.com, Cannabis.org or the Company's Facebook page at https://www.facebook.com/tellthetruthfederalgovernment
About GrowLife, Inc.
GrowLife, Inc. (PHOT) (www.growlifeinc.com) develops, markets and deploys products and services addressing the needs of legal cannabis growing and retail operations, including hydroponic growing equipment and retail support software. The Company provides these solutions in our nationwide retail network, as well as online sites Greners.com, Phototron.com and 58Hydro.com. The Company also operates the political and social forum, Cannabis.org
About CEN Biotech
CEN Biotech, Inc. was established in 2013 as a partially owned subsidiary of Creative Edge Nutrition (OTC Pink: FITX) for the sole purpose of supplying the Canadian public with pharmaceutical-grade medical cannabis under the newly established Marihuana for Medical Purposes Regulations (MMPR) CEN Biotech Inc. has submitted a comprehensive application to become a licensed producer (LP) of dried marihuana for medicinal purposes and has received a ready-to-build approval from Health Canada.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for GrowLife's products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in GrowLife's filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting GrowLife, Inc. please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. GrowLife, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations Contact:
Integrity Media
Kurt Divich (702) 396-1000
kurt@integrityir.com
SOURCE GrowLife, Inc.
Copyright 2014 PR Newswire
GrowLife and CEN Biotech Announce !!
GrowLife and CEN Biotech Announce Collaboration on the World's Largest and Most Advanced Legal Cannabis Production Facility
Date : 01/29/2014 @ 7:15AM
Source : PR Newswire (US)
Stock : Growlife Inc. (QB) (PHOT)
Quote : 0.257 0.0 (0.00%) @ 8:36AM
GrowLife and CEN Biotech Announce Collaboration on the World's Largest and Most Advanced Legal Cannabis Production Facility
Print
Alert
Growlife Inc. (QB) (OTCBB:PHOT)
Intraday Stock Chart
Today : Wednesday 29 January 2014
Click Here for more Growlife Inc. (QB) Charts.
WOODLAND HILLS, Calif., Jan. 29, 2014 /PRNewswire/ -- GrowLife, Inc. (OTCBB: PHOT), a diversified company operating in the legal cannabis industry which develops, markets and deploys products and services of legal cannabis, is pleased to announce that Organic Growth International, LLC ("OGI"), its previously announced joint venture with CANX USA, LLC, has entered into a series of agreements with CEN Biotech, Inc., subject to the approval of the GrowLife Board of Directors. GrowLife currently has a 45% ownership interest in OGI, with conditions under which it can gain majority interest.
CEN Biotech, working under the inspection and authority of Health Canada, has completed the extraordinary governmental processes in Canada to receive approval to begin constructing their state of the art medical marijuana facility in the City of Lakeshore, Ontario, Canada. The facility has undergone extensive vetting by authorities to ensure strict compliance and facility security requirements of Canadian Government and provincial requirements in Canada. Importantly, the facility has been graciously embraced by the town of Lakeshore and the Windsor Essex Economic Development Authorities as a most desirable source of jobs and economic activity for this highly agricultural region. This production facility is expected to have the capacity to produce up to 1.3 million pounds of dried medical marijuana annually, and the total may include capacity that is set aside for import and export. While facility construction has commenced, as of the date of this release CEN Biotech has to next secure the final and formal permissions to grow, harvest, package, and sell medical marijuana in Canada or for export.
Through a series of agreements, OGI facilitated a 25% equity position in CEN Biotech which is in addition to the ownership interest in certain licensing fees from CEN Biotech held through OGI, along with a shared right to revenue sharing of 7.7% of all gross payments received by CEN Biotech. In addition, GrowLife and its affiliates will serve as CEN Biotech's exclusive supplier of legal cannabis growing equipment for the entire term of the shared ownership, subject to certain limitations. Furthermore, if and when CEN Biotech achieves cumulative manufacturing and sales volume of one million pounds of cannabis, OGI will be entitled to a $100 million payment. In exchange for the rights listed above, and others, GrowLife will issue to designated CEN Biotech shareholders a total of 235,294,118 shares of restricted GrowLife common stock, the equivalent of $40 million at $0.17 per share, after CEN Biotech is formally approved to produce and harvest cannabis by the appropriate Canadian authorities. The shares will be issued only if CEN Biotech receives final approval to grow and sell marijuana as currently planned, which means any issuance will likely be months in the future and closer to when there are revenue opportunities for CEN Biotech and therefore GrowLife. If these shares are ultimately issued, GrowLife will be obligated to register them under applicable federal and state securities laws. This contingent issuance is also subject to the GrowLife shareholders increasing the authorized common stock at the upcoming special meeting of shareholders.
"The agreement represents an outstanding beginning for GrowLife's newly expanded business model and entry into lucrative global market sectors in legal cannabis," stated Sterling Scott, CEO, GrowLife Inc. "The scale of the planned operations is truly unprecedented for legal cannabis worldwide as the facility has been proposed and is under construction for a production capacity of up to 1.3 million pounds of dried medical marijuana annually. We are extremely pleased to participate in this tremendous revenue opportunity for GrowLife and its shareholders which we believe clearly installs GrowLife as one of the foremost cannabis related companies on an international level."
"When we were provided with the opportunity to potentially provide these services in Canada our team realized that we needed the additional support and expertise of an elite cannabis company with the assets, technology, and intellectual capital to see our dream through to reality," stated Bill Chaaban, President and CEO, CEN Biotech. "In GrowLife we have found that ideal partner."
A full 8k detailing the Agreement will be released within the allowed time period. A GrowLife Investor Presentation can be viewed online at http://growlifeinc.com/growlife-presentations-october-2013/
From time to time, GrowLife will provide market updates and news via its websites GrowLifeInc.com, Cannabis.org or the Company's Facebook page at https://www.facebook.com/tellthetruthfederalgovernment
About GrowLife, Inc.
GrowLife, Inc. (PHOT) (www.growlifeinc.com) develops, markets and deploys products and services addressing the needs of legal cannabis growing and retail operations, including hydroponic growing equipment and retail support software. The Company provides these solutions in our nationwide retail network, as well as online sites Greners.com, Phototron.com and 58Hydro.com. The Company also operates the political and social forum, Cannabis.org
About CEN Biotech
CEN Biotech, Inc. was established in 2013 as a partially owned subsidiary of Creative Edge Nutrition (OTC Pink: FITX) for the sole purpose of supplying the Canadian public with pharmaceutical-grade medical cannabis under the newly established Marihuana for Medical Purposes Regulations (MMPR) CEN Biotech Inc. has submitted a comprehensive application to become a licensed producer (LP) of dried marihuana for medicinal purposes and has received a ready-to-build approval from Health Canada.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for GrowLife's products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in GrowLife's filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting GrowLife, Inc. please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. GrowLife, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations Contact:
Integrity Media
Kurt Divich (702) 396-1000
kurt@integrityir.com
SOURCE GrowLife, Inc.
Copyright 2014 PR Newswire
I think a lot of the profits that were made in the last few days in some of the other MJ sector stocks, will come running over to PHOT & FITX today. Should make for a very nice move!
If there smart.. many of them are way over bought and the shorts will be calling
GO PHOT&FITX!!!!
Growlife Inc (OTCBB:PHOT): Insider Buys As Weed Business Grows
http://www.istockanalyst.com/finance/story/6713629/growlife-inc-otcbb-phot-insider-buys-as-weed-business-grows
Growlife Inc (OTCBB:PHOT): Insider Buys As Weed Business Grows
http://www.istockanalyst.com/finance/story/6713629/growlife-inc-otcbb-phot-insider-buys-as-weed-business-grows
Growlife Inc (OTCBB:PHOT): Insider Buys As Weed Business Grows
http://www.istockanalyst.com/finance/story/6713629/growlife-inc-otcbb-phot-insider-buys-as-weed-business-grows
I agree with you LA. And I think the candy's ect are a bad idea..
We went threw this over on the PHOT board already. they cant announce anything official yet. and I think they wont be able to until after feb 7
was that a 12 million dollar smile i saw on FB? LOL!
Smile everyone and Vote yes!
Wish they would, I just bought some FITX this AM.!
Thats only the tip of the iceberg my friend..
IMO....
Titan, now go watch the video i posted earlier. listen close. and watch the whole thing.
Yes it does strike fear. but this is not your typical penny stock sector. and it is a perfectly valid way to raise capital.
And if you think about it, the MJ sector really has no other options to acquirer capital in many cases. because they cant seek normal financing threw the banks.
All is well with GrowLife and its management!
And this is why we got the kind of news we got today. And it will be a painful lesson in Patience for some..
We cannot, however, prevent negative rumors that are very personal and decidedly ill intentioned. By way of example, a rumor was floated recently that I had suffered an untimely death over a weekend; the subliminal message was that GrowLife was in deep trouble. (I can assure you that I am very much alive and as dedicated as ever to GrowLife.) More recently, our CFO was subjected to an unfounded personal attack along with concerted market activity to attack GrowLife, if not the entire market sector. In our free and open society, we must tolerate "fog of war" messaging and prevent it from distracting us from the good that we can achieve for many with our Company. We view these attacks as graffiti and encourage others to do the same. GrowLife Management will not allow misinformation to affect our investment and our mission.
Similarly, certain forces would have our valued shareholders, new and old, believe that the authorized share request is simple dilution which will immediately flood the market with endless paper. To the contrary, we have thoughtfully constructed the CANX USA JV and the requested shares with these important attributes:
these guys are gona make you a butt load of money! just relax. let your investment grow for 2-3 weeks. LOL!
I know hard to do..
under .20 is a STEEL!
yes, i think we have many friends.. and my nose tells me this will be one of the biggest moves the sector has seen to date.
They are speaking to us, you just have to be receptive to it. until they can tell us directly
Sterling in open letter
Third, "we urge our shareholders to resist the artificial force of fear in the marketplace that seek to make incremental profits by shorting and thereafter spreading misinformation to engender fear and instability. GrowLife has a mission and a responsibility to our shareholders from which we will not be easily deterred."
Id do what he says.. $$$$$$
Alan Brochstein on icannabisradio 1/20/14
Watch (the whole thing)and read between the Lines. or rather lisen..
like i said better look again
Dog, you might want to take another look at PHOT
Alan Brochstein on icannabisradio 1/20/14
think we are getting some dots connected for us about PHOT
http://www.icannabisradio.com/All-about-Cannabis.html
must watch !!!
thank you for posting that! think were getting some hints now on whats going on!!
GO PHOT!!
let me ask you. How much capital do you think we should have on hand to build this company into a strong player in this sector?
OMG.. and you don't think all those store that have lines going around the block, that have ran out of pot to sell in a matter of days are not looking to increasing there production??
Wow...
"We believe that this Joint Venture allows GrowLife to participate in the most lucrative of legal cannabis opportunities, and to be an early entrant into a space that we believe has enormous upside and growth potential; and to do so without any immediate dilution to our shareholder base," added Scott. "In fact, by providing warrants to our JV partner for their capital outlay, we ensure that the shares provided are tied to capital opportunities directly through the warrant conversion, the revenue possibilities to GrowLife of GIFT transactions and a range of other growth oriented activities under the scope of the JV."
If your looking for a good entry point.
Just wait till K starts crying. then BUY BUY BUY !!!!