GrowLife Inc (PHOT)

[globaldata77]

<<<<<<<<1 bad apple ruins the bunch...so bad apples before PHOT have used increased A/S to destroy shareholders and THATS what I think is causing the pressure on PHOT...>>>>>>>>

Agree, unfortunately in penny land there have been tens of thousands of bad apples so it is hard to ignore.


<<<<<<<<< I think that smart money would exit here and then wait and see what kind of debt/equity financing the company starts to enter into. If it's toxic with very dilutive terms then they'll punish the stock...if their debt/equity financing plans are with reasonable terms they'll see management is straight and they'll come back in... Until then, it appears they'll exit >>>>>>>>

Also agree, at this point many are thinking the financing is toxic. Have to see what the market thinks. Time will tell.

GLTA