GrowLife Inc (PHOT)

[rcaptain]

Soda and Mentos

So I and a few other have been saying that PHOT could have struck a better deal with CANX at todays price. Using a discount. True.

But here is another scenario. All conjecture and maybe it's been discussed.

Phot has been selling current A/S into open market on the recent price spikes and definitely higher then .033. Let's say 200m shares at an average of .20 = 40M. This would not be hard to do given recent volume and momentum surrounding the sector. Okay so now we are left with 100m A/S or so. This doesn't satisfy the CANX deal and 100m really isn't enough gas in the tank. So we raise A/S another 2B. It needed to be done based on the CANX deal and the price at the time of the deal. So what? Those shares IMO may never see the light of day. Unless some huge opportunity comes along. Which isn't a bad thing.

So here's the soda and mentos analogy. Everyone is calling for the price to drop before the vote (drop in the mentos). Good for me. I'm buying. The A/S passes and the next day the lid blows off the soda bottle with multiple GIFT contracts, partnerships and or acquisitions. And an announcement that they are already sitting on millions of cash for more deals. Boom!