GrowLife Inc (PHOT)

[Archery Class]

Yah, it doesn’t look like we’ll see another .05 to .78 rise like the one I rhode in 2014. I highly doubt anything big is going on anymore, but it sure was back then.

What are these guys even selling at this point besides shares?

The reason to buy PHOT used to be that these guys distributed a whole bunch of grow supplies. I called their service team in 2016 after another leadership change and they were only stocking from vendors as they received the orders, meaning shipping times and prices were doubled - even tripled in many cases. Those aren’t competitive strategies to keep you in the game long term. The lady on the phone was nice, but also implied stock was very limited.

They are a far cry from when their supply sites like Greners.com were still well known and reputable. I’m seeing that the site now forwards me to what looks like a defunct growlifeeco.com.

Sure I’d like to believe in a comeback story, but aren’t we too far gone at this point?

Looks like they’re just using shareholders to pay off their many many millions of dollars in debt at this point.