I think it all makes sense... I'M IN.
"It is very satisfying to me personally and to all of the employees of our company that we have a good track record of increasing shareholder value and making money for our shareholders."
-There not going to just unleash shares and $hit on all of us.
"While it is possible to increase the authorized shares of the Company in many small steps instead of one big step, Management does not want the distraction of a piecemeal approach, which would almost certainly take our focus away from building a business that is second to none in our industry.
-There just getting it out of the way instead of having to do it all over again in 3 years and have people freak out again. Again there not going to just unleash all these shares and $hit on all of us.
"To the extent there is "dilution" under the CANX USA JV, the relationship is structured to allow GrowLife management a great deal of control and to incentivize only success-driven dilution that will benefit all shareholders large and small, complete with milestones and checks/balances. Our CANX USA JV partners are engaged in a multi-year investment strategy with GrowLife that necessarily includes incentives for investments that are much larger in the amount of commitment and in vision than is typical of the OTC market."
-Do you trust management? Pretty sure you all did a month ago.
"Shares provided from the newly authorized, when approved, to CANX USA partners must be earned along with material benefits to the Company and GrowLife must agree at each step. For example, the closing and funding of GIFT transactions or acquisitions that would bring significant EBIDTA positive new revenue to GrowLife."
-I trust management, there going to do big things with out money.
"Our CANX JV partners are not in today and gone tomorrow partners; it will likely take a considerable amount of time for our CANX partners to 'earn' their shares as they perform under our watch. And by definition, our CANX USA JV partners are subject to stringent rules and limitations as to how they might someday sell any future earned stock, somewhat similar to the restrictions on very large shareholders and Senior Management."
-EARN their shares! Again there not going to just unleash shares and $hit on all of us.
"It is perhaps worth noting that by creating this access to capital under the most favorable terms of the CANX USA JV, GrowLife is effectively not in the market for any of the typical 'toxic' financings that are an ambient risk for investors in the small and microcap market."
-Again there not here to $hit on you!!!!!!!
We could see .15 cents while the sector pulls back and I'll be buying more because I trust management. I trust they will do big things with our money. What other small cap stocks in this industry actually care about shareholder value? None like PHOT
"GrowLife, by the people and for the people!"
