GrowLife Inc (PHOT)

[SteveSL]

The deal with CANX is funded by buyers on the open market if you can read between the lines, and buyers can't accurately know when or how many shares are being sold at any given time, sometimes a little, sometimes a dump, you won't know.

As for the PPS, there is a stalemate effect caused by the nature of the deal where buyers are waiting to see who's going to fund this loan, knowing that their money may very well be buying up shares sold by CANX on the open market, not knowing what is really going on with CANX's plan to sell shares except buyers hope they are selling just enough to make just enough money to keep the PPS going and fund Growlife... It is very possible CANX decides to dump a lot at a particular price and some buyers end up with a bad price, this possibility stifles growth a little but that's the nature of the deal.

If the deal was more transparent where buyers know when CANX is selling, that'd be ideal.