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wagonwheel47

07/18/14 4:48 PM

#93498 RE: Zitroja Group #93497

GREAT HEADLINE ZIT!!!!!!!

Just read the same thing....I have to tell ya PHOT is just amazing...Rats jumping off a sinking ship.....

Sounds to me like John is walking away a well paid off man...
6 mos pay, 6mm shares of restricted stock, and medical for 6 mos....not a bad deal for being there only a few months....

Growlife (OTC:PHOT +12.5%) CFO John Genesi resigns. Under the terms of his Severance Agreement, the company issues him 6M shares of restricted common stock, pays him a cash severance equal to six months' compensation and provides health insurance benefits for six months.
Former CEO Sterling Scott left in May.

Tritium3H

07/18/14 4:49 PM

#93499 RE: Zitroja Group #93497

The latest PR propaganda was probably enough to shame him into resigning. The straw that broke the camels back, as it were. Apparently the CFO just wasn't willing to go full Sleazeball. Never go full sleazeball.