GrowLife Inc (PHOT)

[Inveigled]

Gentlemen and Ladies. I made a virtual fortune on PHOT pre-ban. I held several million shares which I bought for almost nothing and sold them all between .24 and .57. That being said... Please be careful on this. Many investors lost a great deal of money on this. To say this has a book value of .30 or that it will go to .15 to .19 is irresponsible. A .30 pps would reflect a market value of $270,000,000. .15 would be $135,000,000. Might it go higher than the close today? Very possible. Might it go lower? Very possible. You need to consider that the near .80 pps it grew to pre-ban was large in part because of a "new sector" ferver. I've seen market action such as today on PHOT in the past. Was it consolidation? Quite possibly. Was it day trader flipping? Quite probable. All I'm saying is that you will probably be able to buy shares on this at a much lower price. And unless you want to hold a losing position for quite some time while regulations, top-line revenue, margins, debt and the sheer number of outstanding shares are addressed you may want to enter at a lower price. I love PHOT. As I said before, it has been very good to me. Just please be careful with your entry point. JMHO