A YES or NO vote has not been decided as of yet as far as I am concerned.
I agree with OfficerK as far as, I would like to see what the money the CANX agreement has provided thus far has already done for GrowLife. I cannot form an educated and informed opinion until I see that.
As a rule I am against dilution, but I also understand the need for it in the case of this industry. I am happy with the way dilution has been handled so far by GrowLife, and while this is not by any means comforting, it does make me more of an understanding shareholder. We all know the current information. I am not going to re-hash what has already been said, I am still betting on getting a clearer picture on some form of clarity being brought to shareholders. I will go as far to say that I will sell half my position to protect my investments, plus some profit, if we do not get clarity.
What I want to post about today is where I see GrowLife in the future based on the current information available. When I say future, I am talking about 2-5 years.
I have said before that I see GrowLife being the first of its kind on a major exchange. I say this because they are already working diligently to have their ducks in a row for when they reach the financial status required to be on said exchanges. If you have not looked up the requirements, you should do so. It isn't easy and it can easily take years. GrowLife is taking the extra steps required to be ready for that day.
I believe GrowLife is thoughtfully building a brand. There are again, small steps being taken to ensure GrowLife is THE name people think of when it comes to this industry.
I believe Growlife will branch out to franchising. It is one of the most cost efficient and quickest ways to expand. We all know everyone is looking to be part of the "Green Rush", franchising builds your brand and expands your footprint at the same time. This is what I think of when we talk about a mature G.I.F.T program.
I believe a reverse split, stock buy back, de-authorization of shares will happen. It has to happen if we ever expect to be on a large exchange. The short term will likely be difficult and GrowLife will experiencing serious growing pains if it isn't already.
I believe GrowLife will eventually grow and sell Marijuana. It only makes sense. They have explained to shareholders why they currently don't but have also indicated they are ready to do so when the time and guidance on a legal standpoint is right.
This is such a fast and growing industry that it would be difficult for GrowLife to become THE brand and market leader if they are not aggressive. Which again, is why I am trying to look at the big picture. I'm afraid that when our time comes to vote, we may not have the whole picture and all I will be able to do is vote on faith in leadership. Which is frankly an awful wait to vote on anything. I also recognize that GrowLife has the most respected brand of growing equipment and is well on its way to being a complete infrastructure company for this industry. On a personal and industrial level. If you combine this with selling the product itself, there is only one word that fits: Monopoly.
*these are my views, you don't have to agree with them and in no way do I think I cannot be wrong. I am stating that this is how I put the macro and micro puzzle pieces together.*
