GrowLife Inc (PHOT)

[nrcmedia]

The only honorable thing for PHOT to do this year is when the stock reaches $1 they need to do a reverse split and bring the share price back down to be alignment with earnings. Now this concept is a tough pill to swallow. CitiBank had to it after the financial crisis to stay in business. They reversed 1 for 10. In other words you had to give 10 of the real time shares for 1 share of the new company. In PHOT's case that would take it back to about .10 per share when this reaches a $1 sometime in the next few months. The sooner the better because if they can't get investors and merger partners without putting the company up for bid every time they cut a deal they will never advance to the large conglomerate that this company could be with the right guidance. I think for one thing this guy Kurt the PR person is not doing this company any favors with his style. He's the guy that told me a week before the dilution was announced that they had no plans to do financing or adding additional shares.