GrowLife Inc (fka PHOT)

[MonestHind]

It's always funny to see people make the argument that the 2 billion share increase doesn't raise concerns of dilution due to it being an increase to a/s, not o/s.

Folks need to realize that there is no chicken or egg riddle here. THE COMPANY MUST FIRST INCREASE A/S IN ORDER TO FACILITATE AN INCREASE TO O/S.

PHOT is not profitable at this point, therefore logic dictates that the company will continue to dilute until shares are worthless OR until the company generates revenues sufficient to fully sustain operations.

No mystery here. 2 billion share increase means at any given point shares could be reduced to 1/3 of the non diluted (current) value. That's obviously not likely, but true nonetheless.