Replies to post #18461 on GrowLife Inc (PHOT)

[strategydoc]

Great point. The dilution is the story here. Fortunately, the latest SEC filing of a new convertible gives us a respite of the $750k until next October. That is more than 150M shares that won't convert, which is very shareholder friendly.

[uncle_sam_usa]

Regarding "dilution", credibility and acquisitions...
Alan: I would imagine that one of the chief criticisms you get would be the rise in the share-count. I am not going to call it "dilution"! Tell us how you and your team think about the trade-offs when you are making acquisitions.

Sterling:It is a continuing challenge for us to respect the very short term perspective of some investors in our company as it regards to share count, and at the same time exercise the vision and the discipline to grow the Company to the scale that all of our shareholders will understand.

We are not by any means indifferent to "dilution" as it affects large and small shareholder equally. I can tell you that we are dedicated to striking the right balance, as we understanding that balance in our fast changing market conditions, so as to minimize share issuance while we maximize GrowLife's development in our very exciting industry. I must add that we do not believe that the acquisitions we have done would be available to us a year from now, and certainly not at the same price point.

[Pintus]

Well here is your credibility again. Post 18246 states you have never had a conversation with Sterling nor Kurt. Now you're telling us you have had conversation with them. So what is it??? Yes or no. Wait I know what it is. You're just full of sh!t and are not credible. However on the real note. We know you had a conversation with them.

[Fallingknife75]

Not sure how that hurts his credibility. He said he couldn't discuss it, not that there wouldn't be any.

GLTA

PHOT