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Re: barro50 post# 102081

Friday, 03/21/2014 11:23:31 AM

Friday, March 21, 2014 11:23:31 AM

Post# of 194818
Build costs not part of PHOT agreement

PHOT to give shares if and only if CEN gets final approval from canadian gov. Does not say anywhere that PHOT is responsible for helping cover costs of building, that is FITX' responsibility. FITX securing funding to finish build to get approved. GOOD NEWS FOR PHOT AND FITX.

Eyes on the prize, ignore the chirping birds.

"GrowLife will issue the Payment Shares only if it receives documentary evidence that a Canadian government agency has by contract, license, or otherwise granted specific rights to Sellers or CEN to grow, harvest, sell, import or export cannabis and cannabis bi-products in an amount not less than 1.3 million pounds of dried cannabis annually. If CEN is not granted the right to grow, harvest, and sell at least 1.3 million pounds, then OGI has the right to rescind the IPA or reduce the Payment Shares proportionately"

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9739042
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