GrowLife Inc (PHOT)

[RichardSawars]

My post requires some patience. Realistically for $PHOT to be net income positive what level of revenue does the community think we are looking at? Back in 2014 when revenue was at 8.5m we were looking at a gross profit of 1.36m and a gross margin of ~16%. SG&A has a big play in this. I think we are on track for ~4.5m in sales this year with an acceleration into the end of the year.
I understand we are sitting at $120m in debt and $2.6bn shares but if the company can be cashflow positive there is hope for us all I think. I don't think a Marco (the ceo) who managed global programs and initiatives at Microsoft and Yahoo gave up all of that to go broke in his 60s with PHOT. I may be ignorant to believe this but I do.

I think we need $15m in sales to be close.

And the best part is we still do not know potential profit margins on these growing system patents we have been hearing so much about. Could you imagine if a large grower purchased some of this tech?

Just a thought...