I can't find who the note payable is stated to be paid to but it seems to be a contract that is due for September of 2015. The size of the contract indicates that its for a bigger company possibly a bank? Ill read it over a few more times.
just to make things nice and simple. PHOT is required to perform well after their issuance of these notes. Lets put it this way.. PHOT will be going up and will be in good standing not to get delisted off the OTC-QB BUY BUY BUY is what its saying!!