GrowLife Inc (PHOT)

[Archery Class]

I got out already and have been one of the most adamant PHOT supporters on this board. Not that I don’t plan to get back in anywhere from 6 months to a year from now when operations and share price have corrected.

The vote will pass, just like the last vote to increase shares. I wouldn’t waste time waxing philosophical about how ‘maybe’ the R/S won’t happen. Although people are a tad too dramatic calling that a ‘kiss of death’ over ‘delay of game’.

Holders might see a small uptick right before December, but value will crash just as we’ve seen with other closely aligned tickers who went through the r/s drama. Interestingly enough, once the r/s happens, there usually is a period of several months where a stock loses value until stabilizing. Marco knows this, and likely sees dumping more shares into the market as the only way to keep the company alive. Shareholders hate this, because the plan relies on them losing value on their current investment in the short term, with no guarantee that it could rise up and account for their losses in the long term.

If you’re invested and interested in protecting your money, I wouldn’t roll the dice on more than one could afford to lose until all this reorganization is done. If you believe in their plan and this company no matter what, then feel free to remain invested. I’ve followed the company many years now and never found a grow supply investment as reliable - until all this R/S nonsense.

Still, you see a lot of people talking down on the company and not being able to point out a supplier with a worthy public stock to purchase, which is likely why Growlife has such a cult following among those who believe in the whole ‘picks and shovels’ gold mine investment. It’s still a great plan for investing in this sector, but not in this particular company for another 6-9 months.