GrowLife Inc (PHOT)

[1manband]

Your numbers are way off.

Firstly, every stock in the world is traded OTC in the US, which is a market owned and operated by FINRA. OTCMarkets does not own the OTC Market. That is like saying ESPN "owns and operates" the NFL because they have scores and information about the NFL on their website. OTCMarkets instead provides trading information on OTC stocks (like ESPN providing scores) and PR services to OTC companies. However, very few of the 10,000 companies traded OTC in the US actually pay OTCMarkets for PR services. Most of them have no idea what OTCMarkets is. To claim over 10,000 companies use them is wildly inaccurate and misleading, and only a small fraction of that number pay for OTCMarket's services.

Second, you still seem to be confused about what OTCMarkets does. They neither own, nor operate, the OTC market. FINRA does. OTCMarkets just sells quotation information for traded conducted in the market. They also provide promotional services by posting, on their website for a fee, information provided by paying customers. They do not review that information for accuracy, nor limit the information that can be posted there. That is the very definition of paid PR. Amazon is not an accurate comparison, as Amazon not only limits and approves what their partners can post on their website, they also receive a percentage of the sales made through their website. A completely different business model from OTCMarkets, who only charges for PR services.

Again, I suggest you review OTCMarket's own disclosure and disclaimers and not their misleading marketing materials.