GrowLife Inc (PHOT)

[NateMoneyMill]

THERE WILL NOT BE ANY SIGNIFICANT DILUTION!

http://online.wsj.com/article/PR-CO-20140117-905361.html


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.

Similarly, certain forces would have our valued shareholders, new and old, believe that the authorized share request is simple dilution which will immediately flood the market with endless paper. To the contrary, we have thoughtfully constructed the CANX USA JV and the requested shares with these important attributes: