GrowLife Inc (PHOT)

[neverenough44]

They don't even own the cannabis.org domain name. They are "renting" it from another party in exchange for shares.


On January 3, 2013, the company issued 333,333 shares of its common stock to Zcapital, Inc. in relation to the Company’s licensing agreement to use Zcapital’s website Cannabis.org. The shares were issued on a non-cash basis.

I wonder how many shares they are going to have to give them this January?