So HEGI signals shares to be used as currency (dilution)?
Market cap is still much too high.
and note the comment about retirement of liabilities.....this means dilution.
The comment about "powerful currency" means shares (dilutive) for cash.
Once investors see the dilution resuming and increasing, the PPS will continue to drop. As the PPS drops, even more dilutive discounted shares will be needed to get that same $1 in toxic financing.
It is our public trading position that gives GrowLife a powerful currency to attract many innovators with tangible assets and support the expansion of our company. These assets, added to our distribution channels, increase both revenue and gross margins. In addition, the retirement of liabilities will, by definition, increase our shareholder equity and further increase our buying power.
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