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04/02/13 11:09 AM

#2961957 RE: ctsk8r #2961956

IFHR just a bit more imo
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DayTrader2020

04/02/13 11:12 AM

#2961968 RE: ctsk8r #2961956

PHOT News!

GrowLife Reports Record 300% + Increase in Q4 Revenues and Audited FY 2012 Financial Results

GrowLife, Inc. (OTCQB:PHOT), a provider of highly effective indoor growing technologies and unique lifestyle brands, is pleased to announce the timely filing of its audited results for the fourth quarter 2012, as well as the fiscal year ending December 31, 2012. The full 10K filing is available at www.GrowLifeInc.com/ or on the SEC's website http://edgar.sec.gov/.
Highlights include:

Sales of $675,000 in Q4 2012
300% + revenue improvement compared to Q4 2011
42% revenue improvement compared to Q3 2012
"We are very pleased with GrowLife's fourth quarter and full year performance, particularly as Q4 2012 was the first profitable quarter in the company's history, exclusive of cash used to pay obligations that carried over from prior accounting periods, and charges to G&A that reflect stock based incentives to management and employees," said GrowLife Inc. CEO Sterling Scott.

"GrowLife has become a much deeper and stronger company since early 2012, with many more products, more channels for distribution and more industry connectedness than at any time in our history. While our outstanding share count has increased overall, share issuance has been directly connected with acquisitions, balance sheet strengthening with debt reduction, and broadening of our base of committed shareholders. Our opportunity for expansion of product offerings in the legal medical marijuana business in the USA has never been greater."

GrowLife continues to differentiate itself from other public companies looking to target the medical marijuana industry by maintaining fully reporting status and detailing a forward looking business plan that aims to support the growth of our respective business units.




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