GrowLife Inc (PHOT)

[TEXASOIL]

Growlife Inc(OTC:PHOT) stock is at $0.0430, up+4.88 percent from its previous close of $0.041. Its today’s volume is 2.70 million shares, in comparison to its average trading volume of 4.89 million shares. The stock opened the session at $0.04 and touched its highest price point at $0.04.

Growlife Inc’s lowest price point for the session stood at $0.04 and its 52 week price range stood at $0.01 - $0.25. The company has a total of 343.57 million outstanding shares and its total market capitalization is $14.77 million. Its beta value stands at 74.73 times.GrowLife, Inc. (PHOT), a provider of highly effective indoor growing technologies and unique lifestyle brands, is pleased to announce that it has secured the necessary financing commitments for its pending acquisition of the combined operations of Rocky Mountain Hydroponics, LLC., Evergreen Garden Centers, LLC and 58Hydro.com ("EGC") from California based Gemini Master Fund Ltd ("Gemini Fund"). As such, the Company believes it is now responsible to adjust the revenue guidance provided in the recently released Annual Report which did not reflect this now fully-financed acquisition and its resulting revenue addition.