GrowLife Inc (PHOT)

[SweetPetesS1]

This is my third and final allowed post today :(

I would like to say however, that the risk for the market maker is in his standing with FINRA and the SEC. There is little to no monetary risk for the market maker to begin making a market for Growlife (PHOT). A market maker makes money with every trade, especially on the OTC. They act as the intermediary between all buyers and seller, probably making a tenth of a cent off the top of every trade.

From what I've read the general consensus seems to be in correct regard this topic. People seem to have the idea that the market maker must have the market cap in the bank to cover the entire liability of the stock. That's not how it works.

The risk for the market maker is verifying the 211, begin entering quotes, and have the SEC suspend PHOT for the second and final time, as a stock can only be halted twice before definitely losing registration.

So the MM can begin enter quotes at any time but the risk to him is making sure everything is in complete and absolute "air-tight" order or else he could lose his license and possibly face criminal charges.