GrowLife Inc (PHOT)

[globaldata77]

Disclaimer: I have been traveling for a few days and haven’t had access to a computer so I have not had an opportunity to read the whole report. I have read the posts and I can’t believe some of the nonsense being posted here.

First observation, something is terribly wrong with the financial report and CEO’s presentation a few weeks earlier. Not even the most naïve CEO comes out and says he expects higher earnings just a few weeks ahead of earnings and then doesn’t produce them. Something doesn’t add up here and I would expect a PR or an answer during the radio show tomorrow afternoon explaining what happened.

Too say he was scamming the investors to get the price up so he could unload shares is very short-sighted at best. The long term damage as compared to the short term gain is huge. I don’t believe for a second that is what happened here. Again, I think you will hear an answer on the radio show.

At the end of the day had he not indicated earnings were going to be higher would people not have been happy with earnings of $1.3M? I think a lot of people expected to get rich overnight and now are upset because they bought a week ago and expected to be millionaires overnight. Really??? It rarely works that way.

If he comes out with a reasonable explanation for the quarterly this price could jump right back up to where it was on Thursday afternoon. Actually, I think there are quite a few hoping that happens and they make 50% in a couple of days. That is easy trading money.

Will continue my ramblings/observations momentarily.

GLTA