GrowLife Inc (PHOT)

[SingleFile]

With all due respect, I think you have misconstrued the latest announcement. The new approach is "a store within a store" concept, which has all the added benefits of a brick and mortar approach without the leasing obligations or the leasehold improvement costs.

Regarding their online presence, GrowlIfe has one of the most sophisticated user friendly sites I have ever seen or reviewed - nothing even comes close in this particular space.

https://www.growlifeeco.com/

I did see mention of a Growlife store, but I would think that would be under extreme favorable conditions. Growlife management probably knows that is not an affordable option right now.

On another note, and it's just a guess on my behalf - I would think the Go Green acquisition (LOI) has expired by now. It looks like PHOT has chosen a new path with ACE. Under the current financial constraints it's a far better choice. Again a guess, but further dilution may have been part of the purchase plan, something Mr. Hegyi might be trying to curtail right now.

Stay the course, this is far from over.