Replies to post #63101 on GrowLife Inc (fka PHOT)

[dmcken1]

Lol--you're crazy to think that a company that beings in 27 million if revenue would sell shares in a company they are growing w for just over 100%. The JV will grow revenue streams for both companies and considering RXNB knows the company(PHOT) will be receiving 7.7% of Ames, 25% equity stake in addition to a 100 million dollar lump sum within the next 3 yrs they'd be crazy to sell...pennies...I think we can rest assured the company is confident in their growth.

[Trained Monkey]

There is evidence the JV hasn't diluted a single share yet.

CANX has not been issued any shares. As per the JV they have 200M warrants which may be converted.

If they convert they

A. Must pay PHOT the strike price
B. PHOT must register the shares as O/S

Since we are still at approximately 735M O/S, I know exactly how many the JV has given a MM. Zero.

Not that they won't...but we will know when they do. Something to watch.

GLTU

TM

[MonestHind]

Great post.