They got funding from PHOT already-This was never about the arcview investors, it was about the arcview platform. Growlife cannot officially announce a deal until the A/S vote therefore Sterling and Bill utilized FITX to help in making the announcement. It was clear as day from the moment they brought both on stage and thats why Arcview reacted "unfavorably". Arcviews Angel Investments are typically reserved for private companies- one of the times they make an exception they are duped and platform is used to announce the biggest partnership to date in this sector. There has not been any merger/partnership/GIFT, what ever it ends up being, that even comes close to this within the sector to this point. It was a savvy move by two CEOs who are a great counterbalance to each other. Bill is very unorthodox and very communicative. Sterling and the entire Growlife team are unapologetically quiet often and extremely effective(best management team in the sector) Sterling and Bill used this week as a way to use their resources and personalities to make announcements of deals that cannot be officially released until Feb 7th--they used the Arcview stage that was big enough that CNBC was there to make it clear. It was a perfect Chess move--keeps the excitement going, gets buyers in, and when the official announcement comes out it will have an even bigger impact on shareholder value than this week(which by the way was up over 75%, not too bad if you ask me.) whether you're in on FITX or Growlife, just sit back, trust management, and enjoy the show--they both are, in different ways, the elite teams of the sector.
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