GrowLife Inc (PHOT): Green close but still more selling than...

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GrowLife Inc (PHOT)

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Re: None

Thursday, 05/26/2016 10:03:55 PM

Thursday, May 26, 2016 10:03:55 PM

Green close but still more selling than buying. Not a convincing turnaround.

Has anyone pondered how Growlife intends on paying for GoGreen?

OSL paid $1.8MM for GoGreen with hopes it would be its savior. OSL had better revenues than Growlife when purchased. However share dilution brought OSL to its knees, in part due to that acquisition.

The price tag for GoGreen has yet to be disclosed. IMO the same will occur to Growlife. More dilution will be its demise. One retail store is not the answer to Growlife's move in being a dominant brand.

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