PHOT lies at the very Foundation of this potential 50 Billion+ Marijuana Industry. No growing equipment, no Marijuana!
PHOT is the best stock in it's Sector, in the hottest trading Sector, in one of the Biggest Money Sector's. And is up over 600% in the last five months.
PHOT is one of the few Fully Reporting Pot stocks on the Market. Still considered the Sector Leader. And top in Revenue in the Sector as well. With one of the top Management Teams in all of pennyland!
PHOT operates in a 550 Million Dollar Hydroponic Industry. The Marijuana Industry looks to become a $45 billion per year Industry over time.
Combining the two Industries is an amazing proposition.
Growlife products appeals to both Medicinal and Recreational growers, as well as Commercial growing operations. As well as the Indoor Gardening Hydroponic Industry, including Gardners and the Farming Industry.
PHOT has Industry Leading products, such as it's Phototron line and it's Stealth Grow Led Lights. As well as over 3000+ other products. With some newly developed products coming online soon.
Being in the right Sector at the right time, PHOT is not disappointing:
As of Quarter Three year-to-date 2013 revenue from sales increased to $2,939,026 from the $776,125 recorded in the comparable period in 2012. For the quarter ended September 30, 2013, revenue was $1,313,399, an increase of $837,529, or almost two times, the $475,870 in revenues recorded for the same period in 2012.
The Company, through a Joint Venture (JV) has recently received a commitment to receive up to $40,000,000 to be used primarily on acquisitions, GrowLife Infrastructure Funding and Technology program (GIFT), and other expansion initiatives.
And is under new Leadership headed by former Yahoo/Microsoft Exec, Marco Hegyi, wow!
As PHOT is now branching out it's focus to legal cultivation financing and enhanced regulatory compliance. Hence, it's Newly developed Kiosk and Gift Financing program.
According to VP Rob Hunt, PHOT has had such a response to it's Gift program it has set up a waiting list.
And is currently in discussions with at least twelve potential partners, and close to signing with three of them.
And News on PHOT's first series of Gift partners should send the stock back to $.40+