GrowLife Inc (PHOT)

[SingleFile]

Growlife's Debt - Breathe People, it's not that bad - 4 Mil+ just became avail. through new financing - 4 Mil in Liabilities can be serviced through current revenue - or paid off via the loan (highly doubt - it's not being called in) - the most dilution I can see is 400 Million shares at 5 cents to cover the 2 Mil. in settlements, but he may use the new financing to do that. His statement alluded to the fact that this has all been dealt with months ago - just waiting to flick the switch. This is the New PHOT - it is of my "researched" opinion that dilution is completely unnecessary at this point.