GrowLife Inc (fka PHOT)

[badillac]

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.