GrowLife Inc (PHOT)

[ScooterTime022]

"PHOT APPARENTLY DIDN"T DO ANYTHING WRONG."

The SEC did a series of relatively mild suspensions, like where people would have said, 'oh, well, it doesn't matter, nobody knew that company, anyway.' But then they did Growlife (OTC: PHOT). Then they did Advanced Cannabis Solutions (OTC: CANN).

That one was the first Tier One company, with a multiple, $100 million market cap, well-respected management team, a business plan that people thought made sense. And it turned out that was not anything to do with management, but with the reverse merger. And so this is a very technical issue, not someone who was affiliated with the company (and) not really in control of the company. So the company apparently didn't do anything wrong.

Link to Yahoo News: Yahoo PHOT