Replies to post #92327 on GrowLife Inc (PHOT)

[lucky, mydog]

but there is a lead plaintiff.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103166077

[Tritium3H]

The lawsuit(s) are the least of GrowLife's problems. Even assuming the lawsuit(s) move forward, litigation will likely take years.

GrowLife's immediate concerns will be trying to raise capital and paying their operational bills as well as their crushing long-term debt. How about the 25% default interest on their 7% convertible notes? What happens if the note holders start calling in their notes??

What financial institutions will be willing to provide GrowLife with short-term loans and credit, especially considering GrowLife's primary banks closed their accounts?

LOL, maybe PHOT will issue more CN's, and further dilute the equity of their shareholders.

It is great to be enthusiastic for a stock / company. But enthusiasm should be tempered by a healthy dose of critical thinking and acceptance of reality.