GrowLife Inc (fka PHOT)

[globaldata77]

<<<<<<<<<If you were investing 40 million into a new industry that had been federally illegal since the 1930s id assume you would want safeguards in place in case the relaxed federal viewpoint flipped unexpectedly.>>>>>>>>>

Thank you as that is my point.

They could sell 100M of their shares at 0.40 and immediately have their $40M back as well as own 51% of the JV and still have access to hundreds of millions of shares at their strike price. Not too shabby. That is what smart investors do.

That is not normal verbiage for a JV. It is what it is, an agreement that says they can sell, hedge or short without any regard to the company. Doesn’t sound like something that someone who is interested in the long term growth of a company or it’s shareholders would insist on.

Like I said, they are here to make money to benefit themselves and from what I have seen they have done a very good job.

I am truly just trying to have discussion about the company. I am not grandiose enough to think that whatever I post will impact the pps one way or another.

If anything I say “scares” people I hope it motivates them enough to actually do their own DD and not take anything posted on this board as factual whether it is pro or con unless of course it is a fact and can be proven. In which case maybe they should be scared if they only listen to the cheerleaders pumping it.

GLTA