Replies to post #113856 on GrowLife Inc (PHOT)

[hokus pokus]

If you look at total package of what passed -They are reducing the number of shares with the R/S -1st screw . 4 1/2 billion down to 4 1/2 million

(if 100/1 -could be 150 /1 ) Then the 2nd screw -increasing the shares
that can be used for "incentive " to 200 million . That appears to be
the next round of DILUTION to buy other acquisitions or GIFTS to themselves
They have in affect wiped out the present shareholders and opened up the next round of dilution for the SELECTED (chosen ones). The share reduction is wiped out by the NEW "INCENTIVE PLAN " The new number increases
the dilution ratio (but they think it can be done at a higher PPS level)
I suspect they will attempt to get the price up to PPS .03 - .035 where
they can force the warrant holders to exercise their warrants or be
eliminated -THEN the R/S to destroy them -then the next round of Dilution
under TOTAL control of the NEW shareholders. They already control all the
voting outcomes ;but , power always craves more power and control.

Yes they want to build higher rewards and business ;but not for the

average shareholder -SELF ENRICHMENT at it's finest ;but has to be done

within the interpretations and under the radar of the legal restraints

[hokus pokus]

I forgot to add that they ALREADY gave themselves a RAISE with the latest vote .While the company continues to LOSE more and more money . At some

point ,they will try to liquidate debt and the company (not many assets

remain for shareholders) The remaining assets (all controlled by debtors

and insiders will be used as leverage to weasel into positions at a NEW
ACQUIRING GROUP and the NEW group WILL NOT BUY THE DEBT . The debt has been paid through high % loans and shares that have been gifted .The remaining (on paper ) debt will be used by debtors as DEDUCTIONS on
future TAXES