GrowLife Inc (PHOT)

[Renee]

Growlife's distribution of excessively discounted PHOT shares to insiders are definitely infractions of Securities laws which is sufficient cause for an SEC Suspension, but the selling of those shares on inaccurate and inadequate (a.k.a. false and misleading) information is fraud.

If Growlife filed any inaccurate and inadequate information in any SEC Filings the SEC will refer the matter to the DOJ or FBI to prosecute Growlife and any complicit principals for fraud(s).

Possibly and plausibly the SEC Suspension could be just the first of more civil (SEC) and criminal (DOJ / FBI) actions against Growlife and its principals.

As I see it.