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Vote coming soon. MJNA
Oversold territory, PHOt
Volume is picking up
On October 15, 2018, we closed the Purchase and Sale Agreement with EZ-CLONE Enterprises, Inc., a California corporation (the “Agreement”). On November 5, 2019, we amended the Agreement with one 24.5% shareholder of EZ-CLONE Enterprises, Inc. (“EZ-CLONE”), to extend the date to purchase the remaining 49% of stock of EZ-CLONE in exchange for a 20% extension fee (a total of $171,000 for the 49% or $85,500 for each 24.5% shareholder) of the $855,000 cash payable at the earlier of the closing of $2,000,000 in funding or nine months (July 2020). The Company did not close the purchase of the remaining 49% of stock of EZ-CLONE by the extended deadline and is in discussions with the 24.5% shareholder.
Grow life is saying they closed the deal back 2018 but need to work out the closing with the 2 other shareholders. It’s interesting there was an extension and they got paid at that time... so will be interesting to see what happens but seem like we will remain as majority owners for now. It’s possible they will settle this also that drag out in court unless those guys want to take 100% back of ezclone which I don’t think is possible.
Here’s their extension
https://sec.report/Document/0001654954-19-012730/0001654954-19-012730.txt
By the time judge rules in this marijuana will be federally legal. I’m sure they will settle this cause grow life is making $
https://sec.report/Document/0001161697-20-000358/
They been trying to work it out and even gave them 200k fee. So let’s see if they can close this or have judge rule on it
Ez clone probably is work 20million growlife bought 51% for 1.8’$mil
https://sec.report/Document/0001654954-18-011332/
Purchase agreement. Basically they are trying to back out of selling 49% after grow life made ezclone name brand and lots of $.
Looks like the ez clone minority owners don’t want to let go of their rights... 8k was filled
The moment company turns profit, all bets off the table.
The industry is upon with legalization federally if marijuana. Sun is rising and marijuana is not going anywhere! PHOT came back from the dead and is a leader
GrowLife, Inc. Reports Increased Revenue Over Last Quarter and $1 Million in Backlog, in Q2 2020 Financial Results Filing
Stroker are ready for September 21! PHOT ODC
The marijuana industry will start to form September 21st as MORE ACT is voted in House of Representatives. 66% of USA is for federal legalization. 11 states legal, t more on ballot. PHOT at the roots of this industry next week!
To make money while there is no industry is pretty innovative and to survive decades and to be the beginning of this new industry. PHOT is one of kind
Audited financials, real ceo, real company, real product, real growth. Beginning of industry soon. Survived since 2002! PHOT
GrowLife, Inc. Reports Increased Revenue Over Last Quarter and $1 Million in Backlog, in Q2 2020 Financial Results Filing
https://www.nasdaq.com/press-release/growlife-inc.-reports-increased-revenue-over-last-quarter-and-%241-million-in-backlog
Let’s go 2 bits then dollar. PHOT industry is about to start to form.
The news will be hitting the airways like no other September 21st! PHOT. Real CEO’s got their companies through the rough and kept the brand alive. PHOT is a survivor
No one can stop this train. Legalization is around corner!
Next Monday, September 21 MORE ACT vote marijuana Legalization federally by House of Representatives!
https://www.congress.gov/bill/116th-congress/senate-bill/2227
Once marijuana is federally legalized companies left standing will be the beginning of the industry. We are almost there :) PHOT
There lots of companies anti marijuana but at this point nothing can stop this train. PHOT
Don’t forget q3 started with 1 million $ in back log of sales.
Ya I think something going to happen 67% of country is for legalization. You have to be political idiot to vote in election year against it. Good luck to both parties . People will prevail.
Yep looking for break out. September 21st House of Representatives is voting. 5 trading days left.MJNA
This baby will run like no tomorrow, hopefully dilution is done and we are back up.
Where’s the bounce
MARKET CAP Market Cap
5,563,391
Crazy low
Waiting for it
6 more trading days before congress vote
Oversold territory, let’s see that bounce
https://otcbb.swingtradebot.com/equities/PHOT:OTC