First, PHOT is a fully reporting company. They have filed current quarterly reports, made proper and timely 8-K filings and surprised me with a recent and bullish Form 4 report. The reports are professionally prepared and signed in Sarbanes-Oxley fashion. I like stocks where officers must sign their name on the dotted line under the threat of perjury. It provides comfort to me, especially when it's a micro-cap stock with virtually no coverage.
Second, I like that on Jan. 13, 2014, insider Alan Hammer purchased 225,000 shares on the open market for $42,746. His purchase price was approximately 19 cents per share. Certainly, Hammer knows more than me and if he is a buyer at these levels, well, I feel more comfortable in my decision as well.
Third, Growlife is not directly involved in the handling or distribution of the actual product. Growlife is working to position themselves as the grower's best friend, by taking the initiative to supply grow equipment to a new generation of farmers at terms considered enormously favorable. Growlife is looking to become the predominant supplier of grow equipment in the country by offering partner programs that will actually supply initial equipment to growers at little to no upfront cost. Certainly, this strategy might pay handsome rewards if they can achieve the traction I expect.
Market Data 
Markets 
AI
