GrowLife Inc (PHOT)

[wagonwheel47]

The product? Second rate overpriced hydroponic grow equipment imported from China? Stores that are losing money and closed?

Doc speaks the truth....
I have been in the Boulder, CO store on one occasion.....(Not sure if this store is still open or not at present), They had nothing in their store that could not have been purchased online at ebay, or any number of home depot or Lowes garden centers for much less $$$$ (Made in China sub par quality) EXCEPT for maybe the potting soil.....
Other than that, it was pretty much very poor quality....

If you are looking to obtain a position in PHOT, do yourself and your hard earned cash'ola a favor and do 30 minutes worth of DD on PHOTS past, and if you can find anything mentioning the future (Good luck with that one), before you push that buy button.....

They are on the grey sheets, with several lawsuits looming overhead, NOT a MM insight, being run by Marco Hegyi, who to this point has IMO has done little to very little for this ticker other than draw a sizeable paycheck.......

As Doc said earlier, they once had seven (7) brick & mortor) stores, several months ago 3 maybe 4 of them closed the door because they were losing $$$$ everyday, how many are open now I have no idea!!

In the past this ticker was HUGE on PR Pumps, meaningless promises which to my knowledge none were ever kept. Dilution was the name of the game, with approx 1 billion shares O/S, and an additional 3 BILLION A/S laying in wait to be dumped on the poor unsuspecting, unknowing, investor.......

IMHO the majority of shares being pushed around now are that of MM's, DT's & flippers picking up a percent here and there....

I am sure that Doc K will vouch for everything I just said...
Buyer BEWARE with this ticker......