GrowLife Inc (PHOT)

[hokus pokus]

The sale restriction listed today states that CANNX cannot access the

shares for sale or use for 6 months from the closure of this deal (Feb 10 )

that means that they will not enter the O/S pool (dilution of 125 million

more shares ) until JULY 10 ,2010 . I wonder if there was an understanding

that a R/S would NOT occur until after that transfer and time for CANX to sell on open market ???? The company acquired $1,000,000 to use for the
next 6 months . Hopefully that will be used building company equity and not for just an extension of the FAT salaries . In any case it appears this smoke and mirrors will continue for an intended 6 months and maybe a

Flipping opportunity if pps price rises enough to stimulate activity/volume. Hopefully activities will be devoted to raising shareholder equity ;but the huge number of O/S does not lend itself to

LARGE pps rises ;since different people all have a different exit point.

But , the more people with skin in the game , the greater chance they may

stay in existence, and be there as the industry grows.