GrowLife Inc (fka PHOT)

[HeedTheChief]

Let's be honest here.

If PHOT hit their projected Revenue Numbers, would PHOT
have Traded at $.08 on 60M Volume today, or $.15+ on 60M
Volume.

You want to be angry at someone, be angry at CEO Sterling
for not adjusting his guidance for the Company.

And missing Revenue projections by $500,000.

I was hoping the Kiosk P.R. would counter the Markets
and current Shareholders disappointment, but when I saw
the pps drop, I let the board know my stop, and it hit.

I am not a pumper and dumper.
I believed in the Companies ability to achieve it's Revenue
mark. I emailed Kurt last night and expressed my disappointment.

Typical pumpers have no conscience and could care less about the
company.
That was not me!

Again, blame PHOT's CEO!


This was CEO, Scott, 11 days before the close of Third Quarter
in his Open Letter to Shareholders!

Quote,

" It is very important to GrowLife to become cash-flow
positive. Our current year-end revenue forecast is for
sales at year end of $5.45 million, which reflects less
than 6 months of revenue from our most recent large acquisition.

This financial quarter is a very important one for
us as we integrate the major acquisition that was
just recently completed.
I am confident that we can more accurately
project the cash flow positive status of the combined
company operations around the time of our Q3 update
in the early fall. "

http://ih.advfn.com/p.php?pid=nmona&article=59164749

5.4 Million was also projected in it's October 16th
Research Report, two weeks after Third Quarter!

http://growlifeinc.com/growlife-phot-update/



This P.R. in September also gave Shareholders confidence that meeting it's
Revenue Projections was possible.

" We have experienced record revenue following the long overdue DOJ announcement," stated Rob Hunt, President, GrowLife Hydroponics. "Both in total revenue and transactional volume, Greners.com is seeing a dramatic increase in sales including the largest dollar volume sales day in our history. Most importantly, we are seeing a substantial rise in new customer registration which for us is a very important metric."

http://ih.advfn.com/p.php?pid=nmona&article=59191434


Remember Rainman's Post on Third Quarter, he took this from
Investor Presentation.
This also seemed encouraging.


In Mid-November GrowLife Expects to
File its 3rd Quarter Financial Statements.

This will be the first quarterly statement
that includes a Full Quarter Reflecting
the Contributing Revenue from the
Company’s Recent Acquisitions.

http://growlifeinc.com/growlife-presentations-october-2013/


This last Quote may of come from AB's Interview, nonetheless,
this is another PHOT comment in September.

" Importantly, for major participants in the equipment and expendables supply to the marijuana industry such as GrowLife, which expects to book over $5,450,000 million in revenue in 2013, the DOJ's position paper has two almost immediate benefits. First, it very positively affects our core business opportunities, as I will detail below. Second, it affords several new opportunities for expansion of GrowLife and its revenue producing activities. "