Replies to post #22669 on GrowLife Inc (PHOT)

[pcanellis]

Do any of you guys do multiple trades thru out the day? And if so who do you recommend as a broker? I currently use Scottrade and find it challengin to get my orders filled at times. Any recommendations?

[HeedTheChief]

Like It Or Not.

You have to love the Transparency of an SEC Fully Reporting Company!

8-k news out after hours.

In the grand scheme of things, peanuts.

PHOT's o/s is still under 700,000,000
A lot better than MJN$ at almost 1,000,000,0000

They paid off a note and a warrant.

For a total of 17,000,000, shares.


1.
Conversion of Note.

a.
Conversion. The Note will be immediately converted into 8,000,000 shares of common stock of the Company at $0.035 per share.

2.
Warrant Exercise.

a.
Exercise. The Warrant will be immediately exercised on a cashless basis into 9,000,000 shares of stock of the Company.

Delivery of Stock Certificate. Within five (5) business days from the date of this Agreement the Company will deliver to the Holder, at the address above, a stock certificate in the name of Gemini Master Fund, Ltd., for 17,000,000 shares, as detailed in Section 1(a) and 2(a) above (the “Stock Certificate”).


The good news going forward is taken from today's Independent
Research Report:

Quote,

" The dilution of stock in face of acquisitions and convertible notes is expected to reduce due to high
revenue earning acquisitions coming to fruition. The Company expects to be able to raise cash
internally soon before dipping into outside sources. "

It's all about the Money.

Either you believe PHOT will generate 5.4 Million this year,
and over 10 Million next year.

And if you do, PHOT's ability to use cash on hand in the near
future for it's Business ventures instead of shares, is worthy
of a hold, long and strong.

Go PHOT$$$