GrowLife Inc (fka PHOT)

[globaldata77]

Well I saw the GIFT announcement and was less than impressed but I will wait to see the details and then make up my mind. I am still concerned about the profit sharing vs a flat interest rate. Profit sharing could be a huge revenue stream. Tying up PHOT’s cash for a low interest loan could end up costing them money. IMO

I must say that after all of these months I would have thought they would have done better than investing in three folks in a town of 7K that has 4 products. But that is just me.

Something caught my eye today that could change the landscape in this sector drastically.

I read that one of the 9 companies that is already licensed to grow is going to do an IPO. If that happens they could end up eating PHOT/FITX for lunch. Think about it they are already licensed and growing.

They could do an initial IPO with say 300M shares. Each share could sell for $1 and their market cap would be less than FITX’s or PHOT’s. That would give them $300M right out of the gate to build and expand their business. Nor would they be bloated like a couple of companies that have over 1b - 3B shares issued.

If one does it and is successful you can bet the other 8 and any others that are granted a license will do the same thing.

Which leads me to my next questions about some of the numbers HC has put out and some of the numbers that Bill has been throwing around. I will address them in my next post.

GLTA