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Re: Trained Monkey post# 61892

Thursday, 02/13/2014 6:38:48 PM

Thursday, February 13, 2014 6:38:48 PM

Post# of 120682
<<<<<<I had no idea GrowLife had 10M blank check preferred shares at their disposal.>>>>>>>

Nor did I. Which begs the question again of whether or not the increase in the A/S was necessary. If my math is correct they had 1B of A/S and if the preferred was equivalent to 100 common shares that would amount to about 2B shares prior to the A/S.

To your point, they now have a blank check for 10M preferred and 1.5B in A/S.

I always enjoy your feedback/input. Thanks

GLTA

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