GrowLife Inc (PHOT)

[cannaman]

3 BILLION AUTHORIZED SHARES!!!!!!!!!

I'm not at all talking about what the MMs do. I'm talking about the number of authorized shares and the management's history of dilution without proper warning. They sweet talked the shareholders into voting to raise the A/S count without any proper explanation of such an increase and now they have free reign to raise the O/S at will. Yes I am aware of what real dilution is, no need to insult my intelligence or try to distract new investors by posting about your speculation of what market makers do. Real dilution is when the number of O/S increases, causing the price to stall or go down as volume and buying pressure are increasing (possibly timed with a PR so that it does not drop too much and make investors suspicious). They need to dilute to raise capital, but the company has been using the capital poorly, THINKING short term while only TALKING about the future. This is finally starting to catch up to them and tomorrow's earnings report will be the final straw for investors. Here comes the turn and it is inevitable. Keep posting distractions about your speculations of what MMs do. The fact is that the company has 3 billion authorized shares now and can dilute at will. I would invite you all to at least keep calling the transfer agent about the share structure if you choose to stick around. You will see what I mean. Investors that stick around will feel the pain, but I suspect the smart one's will get out before the bomb drops tomorrow with earnings.