Replies to post #112699 on GrowLife Inc (PHOT)

[John-Knee]

Marco did throw in the gift of acquiring a decently known brand of cloning. Good move on his part considering how much cloning has gone mainstream due to the necessity of keeping certain strains alive.

I’m still out until after the whole r/s drama has been settled, but it is positive on their part to be making these moves when a lot of people are dead set that they’re going under.

Use the gift as a way out. Most R/S is way to dilute more shares at the expense of the shareholders. Yes, the share count goes down and the PPS goes up at the same ratio. A round of dilution will occur to keep the business running and/or make more acquisition, and pay hefty bonus options to the board members, causing the PPS to drop. It will probably drop back to the pre-R/S level and the “catch” we all are trying to convey is “your” amount of shares will be reduced (depending on the ratio of R/S).

I was tempted to pull the trigger and get back in (investment) but decided not to. I will wait until after the R/S to see where the post-PPS will settle. Volume and hype are back due to legalization tomorrow in Canada, I may pull a couple of scalp trades, depending on the first 30 mins after the opening.