GrowLife Inc (PHOT)

[hokus pokus]

One big factor to be considered is the RIGHTS purchases are for CASH into the company. This giving of shares does NOT bring in CASH -it is shares given as part of the BLUE SKY purchase price for EZ clone . Yes it seems to be a good addition to PHOT as part of the purchase ;but they also received CASH and the shares are part of the purchase . We don't know the BOOK value of EZ clone and whether that was on the rise or falling after an exceptional year ? The quarterly will hopefully provide some of that info . It should show revenues (a way of increasing overall receivables

for PHOT ) Let's see what additional debt has been bought to increase

PHOT's overall ,on paper ,receivables and what part % of EZ clone
receivables are collectable -I'm sure that was part of the negotiated
sale price and taking of risk on both sides -