Officerk, I have in the past thanked you for your posts and regardless of any difference of stance or opinion, I respect yours.
I cannot say I would vote YES or NO simply because I do not have all the facts. You asking people to vote NO seems to be an emotional one, albeit one driven by reason which connects the increase of authorized shares (A/S) to the CANX deal. I do not believe the two are connected.
Rather than form a decision right now, we should wait until next week, the cut off for mailing in the vote (if anyone does that anymore) to form a final decision. We should wait to have as many of the facts as possible. As I mentioned in my previous post, this could be a way for them to prevent a hostile take over and have no intention to convert the shares to outstanding (O/S).
We all agree increasing the authorized shares to 3 billion seems excessive.
However, one should remember or know that GrowLife can also DECREASE the number of authorized shares at a later date. There is precedent to this and it's not uncommon. It is difficult for me, knowing the background of GrowLife leadership, to believe they would not have anticipated shareholders being upset about this prior to even the bombardment of emails they have been receiving just from this board. They know it's making people upset, they know it's strange to ask for such a large increase, and they know a reason must be given to the shareholders.
If I do not get a reason, aside from voting NO, I will sell enough to cover my original investment cost and wait it out a bit. After that, profit is profit be it 10% or 10,000%.
On a side note: There are entirely too many people that do not know the difference between your and you're (you are). I'm sure there is a meme of that somewhere.
