GrowLife -mit steigenden Umsätzen (medicinal marijuana markets) - 500 Beiträge pro Seite

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Habe mir mal GrowLife ( PHOT ) angeschaut.
Gefällt mir, was ich da lese. Gibt es Meinungen zu diesem Unternehmen?

Ich bin mal heute rein, über Stuttgart A1J2QY


PHOT operates in the retail equipment, medical marijuana and patented growing technologies spaces, positioning the company for further relaxation of restrictions throughout the industry, globally, in both the recreational and medicinal marijuana markets.

Newswirehttp://www.finanznachrichten.de/nachrichten-2014-01/29287714…
GrowLife Enters into Strategic Partnership with RXNB Inc., an Emerging Innovative Pharmaceutical and Nutraceutical Company with Extensive Technology Assets Applicable to the Medical Marijuana Industry

Bin angenehm überrascht, was für Umsätze die mittlerweile generieren.

Hier die letzten Zahlen:http://www.finanznachrichten.de/nachrichten-2013-11/28618651…

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. (This growth in 2013 is primarily attributable to GrowLife's (1) strategic acquisitions, (2) product expansion, (3) business alliances, and (4) continually improving market conditions.

Hier der US Chart



Read Our October GrowLife Presentation (2013)
http://growlifeinc.com/growlife-presentations-october-2013/

Meinungen / Kritik dazu?

Gruß binda

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PR Newswire·Mehr Nachrichten von PR Newswire
GrowLife Completes First Colorado G.I.F.T. Transaction with Premier Medical Cannabis Dispensary, LEAF Aspen
http://www.finanznachrichten.de/nachrichten-2014-03/29587303…


LEAF Aspen
http://leafcolorado.com

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Negativ?

geplante Ausgabe von neuen Aktien und das nicht wenige!!

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On February 7, 2014, GrowLife, Inc., a Delaware corporation (the “Company”), held a Special Meeting of Shareholders for the sole purpose of approving an amendment to the Company’s Certificate of Incorporation (the “Amendment”) to increase the authorized shares of common stock of the Company (“Common Stock”) from 1,000,000,000 to 3,000,000,000 (the “Common Stock Proposal”). The Company’s Board of Directors (the “Board”) previously approved the Common Stock Proposal effective December 9, 2013, subject to shareholder approval at the Special Meeting of Shareholders.

Weitere Infos:
http://growlifeinc.com/investor/

Das Geld wird für JV`s und Übernahmen benötigt
Trotz alle dem ist der Kurs nach dem Meeting nur kurz abgeschmiert, wie man im Chart sehen kann.

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Insider Buys
http://www.istockanalyst.com/finance/story/6713629/growlife-…
Growlife Inc (OTCBB:PHOT). Director, Alan R. Hammer purchased 225,000 shares of the weed associated stock at $0.19 for a total investment of $42,746.60.

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fast 300 Klicks heute und null Kommentare? ( außer von mir )

Habe keine aktuelle News gefunden, aber drüben rennt der Kurs
Volumen auch beachtlich.

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Growlife, Inc. (BB:PHOT.PK)
It’s no secret that when the gold rush is on, the person in the best position is the guy making the picks and shovels. Much of the pessimism that surrounds marijuana-industry penny stocks is the severe competition. Most people who set out to strike it rich looking for gold will never find any, and not every company with a foot in the door of the medical or recreational marijuana industry will succeed. But everybody — those who fail and those who win — will be buying the equipment necessary to compete.

Growlife is one of the companies selling those picks and shovels to the marijuana industry right now. Through brands like Stealth Grow LED, SGsensors, and Phototron, the company is engaged in the business of providing would-be marijuana growers with the tools they need to thrive. This equipment falls under the umbrella of the urban gardening industry. The company operates both retail locations and an online storefront.

http://finance.yahoo.com/news/risk-riches-marijuana-gold-rus…

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Jetzt gehen die Pferde durch.

Etwas langsamer wäre auch ok, naja Hauptsache dabei.

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Bin auf den SK gespannt.

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Gaaaanz knapp, SK noch so gerade im Plus

Was für ein Tanz und Gemauschel

Morgen wieder hoch, oder ....?

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The television program can also be viewed online immediately at
http://www.moneytv.net

Featured companies on this week's program include:
Growlife, Inc. (OTCBB: PHOT) CEO Sterling Scott discussed changing attitudes towards cannabis and the company's stock performance in 2014.

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[Ca_sH]

http://investorshub.advfn.com/GrowLife-Inc-PHOT-12210/


PHOT NEW Money Runners ALERT!

Money Runners

Our professionals have a new pick for you! New pick is PHOT at .43 cents!

The first time money runners were involved with PHOT we loaded up at .13 and sold when it topped out in the .40'ssss range, but now things have changed again. PHOT has been given lots of time to consolidate and the chart is ready for a huge breakout. We are giving PHOT a .80 cent plus price target. PHOT is in the marijuana industry and we believe the strongest one in the sector! The volume is absolutely crazy and our investors told us they will be buying shares like crazy right after we release this e mail. Time to make more money money runners. We are giving PHOT a price target of .80 cents plus and always remember to sell on the way up and take profits when you feel pleased.

Although we like DSCR we do believe there are better plays out there and DSCR went from .0025 on our call to a high of .0048 so we believe lots of members made money on DSCR. Congrats to all those on FNMA! We called it at .80 cents, $1.77, $2.18, and now its at $5.30! Now it's time to focus on PHOT money runners. Our team also believe DSCR still will hit our .005 plus target with time but we know our members want action now so that is why we are alerting PHOT here. We have had reports of some members banking over $300,000 on FNMA! A huge congrats to those members!

Money Runners and members are absolutely banking off of this market! PHOT is the next one we are going to bank off of! Get ready to make big money on PHOT now money runners!

Disclaimer: We own shares we bought around the .43 cent range on PHOT and play on buying and selling as we see fit.

MONEY RUNNERS GROUP

http://investorshub.advfn.com/boards/read_msg.aspx?message_i…

http://growlifeinc.com/news/

http://edition.cnn.com/2014/03/06/health/weed-states/index.h…


RT-Charts:

[Ca_sH]

http://www.stockta.com/cgi-bin/analysis.pl?symb=PHOT&cobrand…



http://www.barchart.com/opinions/stocks/PHOT

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Der PHOT- Chart, der Stuttgarter Börse, wurde vor wenigen Min. von den Mods in den Thread-Anfang, eingefügt.
PHOT ist nämlich in D nur dort zu handeln.
Nun sind die aktuellen deutschen Kurse immer präsent.

Vielen Dank ( bes. an klemm)

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DENVER—The first tax figures for the first state in the nation to legalize retail marijuana shows the drug brought in $3.5 million in taxes and fees in January.

Of that, $2.1 million came from recreational marijuana and the remaining $1.4 million from medical marijuana.

The figures from the state Department of Revenue also give a preliminary idea of the size of the marijuana trade in the state, showing $14 million worth of marijuana was sold in the first month of legal sales.

The report provides the first concrete proof of what pro-marijuana advocates had promised, that growing and selling the drug locally would generate economic activity here rather than sending drug money out-of-state, and that the drug could provide a windfall to the state government.

"This is revenue directly out of the hands of cartels," said Brian Vicente, who helped legalize pot in Colorado. "These tax numbers will probably grow over time, but since it's a new market, will have to wait and see."

January's numbers are skewed by two factors: a small number of stores that were licensed and ready to do business in the first month of sales, and an initial surge of customers wanting to be among the first customers in the historic legal sales.

Sales taxes on pot brought in a total of $1.8 million in January.

The grand total on this report included excise taxes $195,000, paid as 15 percent of the wholesale price when growers transfer the drug to be sold in a store.

In November, voters enacted the 15 percent excise tax and a 10 percent special sales tax on the drug, which is charged on top of ordinary sales tax (2.9 percent of which goes to the state.)

The special sales tax rate can be adjusted by state lawmakers between 0-15 percent, though there is no serious effort underway to change the rate before seeing how much it brings in at 10 percent.

Gov. John Hickenlooper's (D-Colorado) office recently predicted that all the taxes and fees on retail marijuana would raise more than $35 million by the end of June and nearly $188 million in the next fiscal year, which begins in July.

Due to the pro-marijuana campaign's highlighting of education funding, there are common misperceptions about what will happen to this tax money in Colorado.

Some of the money will go to school construction and improvement, but most of it will not.

In the language approved by voters, the first $40 million raised by the excise tax each year will go to school construction and improvement, which won't build many schools by itself when you consider that there are 177 school districts in the state.

Lawmakers are in the process of deciding what to do with the rest of the tax revenue from retail pot, which the governor's report predicts will amount to $77 million next fiscal year.

Hickenlooper has proposed a spending package with tens of millions of dollars aimed at preventing underage use of the drug, treating substance abuse problems, and public health.

The governor's proposal also includes $5 million for law enforcement and regulatory oversight, though police agencies in Colorado say they'd like to see more funding to offset the extra workload of enforcing the state's marijuana laws.

http://www.9news.com/story/news/local/2014/03/10/first-month…

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SK in USA $0,55(nachbörslich) = 0,3969€

in Stuttgart wird weit über Pari gehandelt
Zeit
Kurs
Volumen
10:34:27 0,45 350
10:26:02 0,45 500
10:13:44 0,45 2200
09:56:37 0,43 7100
09:54:15 0,42 500
09:17:53 0,41 18000
09:06:49 0,409 1200
08:04:55 0,409 150

Etwas übertrieben m.M.

Es könnte zu einer Konso bis um ca $0,40- $0,35 kommen, siehe Charts. Dort hat sich eine relativ starke Unterstützung gebildet.

Soll nicht heißen, dass ich etwas gegen steigende Kurse hätte. Nur, Vorsicht ist geboten.

Auf lange Sicht, bin ich von viel höheren Kursen überzeugt. Nur kurzfristig habe ich da meine Zweifel.

We will see.

binda

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Unglaublich, wenn das so weiter geht endet sie noch im Plus. Erinnert mich an GWPH.

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In München:

17:30:14 0,404 5000
17:15:26 0,404 1000
16:51:38 0,379 1000
15:23:38 0,366 400
14:54:38 0,374 1000
14:34:28 0,405 5000
14:34:18 0,41 600
13:29:31 0,445 5000
13:21:22 0,47 10000
10:46:24 0,45 3500

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Growlife, Inc. (OTCBB:PHOT, PHOT message board) has recently been on a winning streak and has gained some decent value. The news from the company and about the growing medical cannabis industry in general are coming in every day and the stocks of ventures in the sector are being traded intensely.
PHOT's gain in price since the beginning of the year is a good 161% and people that got in early and managed to have enough nerve to stay in while the company had periods of ending in the red have made a good profit by now.

Yesterday, PHOT's GrowLife Infrastructure Funding and Technology (GIFT) program was touted once again as it was announced that they have completed their first transaction with L.E.A.F. Aspen, a medical marijuana deispensary in Colorado.

However, the news weren't enough to generate more upward thrust to PHOT's price and the ticker sunk by 8.43%, almost obliterating the prevous day's gains. As usual, there was quite a lot of trading going on and we saw more than 70 millin shares that changed their owners, generating a whopping $31.8 million in dollar volume.

Still, there were some more good signs about the whole medical cannabis industry. Steve Katz, a Republican New York State Assemblyman has started the Greenstead Growth Fund and he even had to appear before members of the ethics committe to explain his actions.

Furthermore, by now we see that there are a lot of funds centered on the industry emerging lately with desires to help the sector grow. The expansion is so fast that there has been a shortage of legal marijuana in Colorado, partly the result of the requirements that 70% of the cannabis sold in the dispensaries must be grown by them, which was the reason for PHOT's GIFT program.

There is a lot of interest in the stocks of most companies in the sector and we are seeing an overall growth in price since the beginning of the year in many of them. However, before deciding a ticker for investment it is still crucial that you do your due diligence.

http://www.hotstocked.com/article/78792/growlife-inc-otcbb-p…

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Interview-Video vom 13.3.14:
http://vimeo.com/89056551
Growlife, Inc. Describes Company Growth- MoneyTV with Donald Baillargeon
from MoneyTV

On MoneyTV with Donald Baillargeon, the CEO of PHOT discusses company growth, changing laws and attitudes towards cannabis and the GIFT program.

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"Our GrowLife Financial brand deploys into a new market segment for us: cannabis industry software development and electronic regulatory compliance. While we will continue to focus upon our core competency of hydroponic equipment and growing support, we now supplement these offerings with hardware and software tools geared specifically to the cash intensive regulatory environment of our customers," stated Sterling Scott, CEO, GrowLife Inc. "Recent developments in Washington and Colorado, as well as many other states, now mandate high levels of transaction security by management and geared to the specific regulatory setting unique to each location."
"Our kiosks provide dispensary customers with a user friendly product ordering system which then receives cash and credit payments," added Scott. "While we believe customers will greatly benefit from our built-in ease of use, we also believe that the 'stress level' of regulators looking to quickly assess dispensary sales activity is now also alleviated. We further confirm ongoing discussions with a number of 'seed-to-sale' cannabis software companies who have expressed interest in integrating their systems with our new product. We will continue to identify customer needs and distribute and develop products in response to these needs. We believe that our industry stands at the edge of monumental change and growth; GrowLife Financial is yet another way for our company to maintain our position at the forefront of these developments."http://www.prnewswire.com/news-releases/growlife-debuts-firs…

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Diese Website gehört GrowLife
http://cannabis.org

On MoneyTV with Donald Baillargeon, the CEO of PHOT announces the launch of their cannabis.org information web site.http://growlifeinc.com/476/

[Caesar77]

Moin Leute,

Der Cannabis-Legalisierungs-Trend ist wohl voll im Gange und wird nicht aufzuhalten sein, da er eine klare winn-winn Situation darstellt. Daher bin ich stark der Ansicht, dass es fast schon fahrlässig für Investoren sei, nicht hier und dort eine Position zu besitzen!

Mit u.a. Growlife werden wohl in Zukunft MKs im multi-Million bis Mrd. Bereich aufgebaut werden können, dafür gibt es schon genügend Anhaltspunkte, deren Offensichtlichkeit in der breiten Bevölkerung auf unserem Planeten zu finden sind

Danke Binde für die Eröffnung des Threads, es bleibt spannend ^^

[Caesar77]

Uuuups, eine dickes Sorry

Meinte Binda! Musste lachen, als ich meinen Fehler entdeckte

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Zitat von Caesar77: Uuuups, eine dickes Sorry

Meinte Binda! Musste lachen, als ich meinen Fehler entdeckte

Du warst nicht der Erste.

Gruß binda

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News !! Leider kann ich es nur so einstellen, w : o Editor funzt nicht.

17.03.2014 | 13:16
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PR Newswire·Mehr Nachrichten von PR Newswire
GrowLife and Vape Holdings Enter LOI to Fund and Develop Pharmaceutical Grade Processes for Cannabis Extractions



WOODLAND HILLS, Calif., March 17, 2014 /PRNewswire/ -- GrowLife, Inc. (OTCBB: PHOT), a diversified company operating in the legal cannabis industry which develops, markets and deploys products and services of legal cannabis, is pleased to announce a Joint Venture (JV) with Vape Holdings, Inc. (OTCQB:VAPE) to fund the research and development of patentable technology to create pharmaceutical grade extractions from cannabis.

Each Company will bring its specific expertise to the Joint Venture; GrowLife providing Equipment Manufacturing while Vape Holdings provides guidance for the process technology and concentrate formulas. Cannabis extractions are a rapidly growing market segment of the legal cannabis market, and believed by many, including the partners, to be a significant part of the future of cannabis as consumers transition from the carcinogens often included with historical methods of drug delivery, to the more modern, safer, and efficient systems reliant on cannabis extracts. To that end, the partners in the Joint Venture are intent on introducing medical, food and pharma grade practices into the cannabis industry; from cultivation to extraction to delivery. The Joint Venture looks to service a void in the industry with regard to SOPs (Standard Operating Procedures) and GMPs (Good Manufacturing Practices), which are instrumental in all regulated food and pharma grade production/manufacturing.

"While we are pleased that Dr. Gupta's recent and excellent feature on cannabis medicine in Weed 2 showcased to many the value and benefits of cannabis extractions and concentrates, we have been working for some time to establish practices and products ready for this growing market sector," stated Sterling Scott, CEO, GrowLife Inc. "We have been advocates for cannabis-as-medicine via efforts such as our own Cannabis.org, and Mr. Tracey has devoted his career to developing better and more efficient means of drug delivery."

[Roman95]

Toller Start mit +9% :-D

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Steigt konstant :-D

Hat jemand die Q4 Zahlen mal mitbekommen?

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Zahlen voraussichtlich am 31.3.14

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24.03.2014 | 12:15
(2 Leser) Schrift ändern:
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PR Newswire·Mehr Nachrichten von PR Newswire
GrowLife and RXNB Mutually Extend the Date for Closing of their Strategic Partnership



WOODLAND HILLS, Calif., March 24, 2014 /PRNewswire/ --GrowLife, Inc. (PHOT), a diversified company operating in the legal cannabis industry which develops, markets and deploys products and services of legal cannabis, together with Organic Growth International, LLC ("OGI"), its joint venture with CANX USA, LLC, extended the date for completion of due diligence and closing the transaction with RXNB Inc. ("RXNB") to April 4, 2014. Under the agreement, GrowLife will sell and distribute RXNB proprietary technologies globally, and share profits related to technology licensing, subject to the approval of the GrowLife Board of Directors. GrowLife currently has a 45% ownership interest in OGI, with conditions under which it can gain majority interest.

RXNB is an investment company with holdings in drug formulation, manufacturing, and distribution. The company represents a recent roll-up of several independent companies in the pharmaceutical and nutraceutical market. RXNB has numerous pending patents in the field of THC research and development.

According to RXNB executive Dr. Sam Alaweih, "We are very pleased to have reached a mutually agreeable go-forward plan with GrowLife and OGI management. RXNB has agreed to withdraw its contemplated litigation, without prejudice."

"I am pleased to join Sam Alaweih and Bill Chaaban in our renewed dedication to completing the exciting partnership with RXNB," commented GrowLife CEO and OGI member Sterling Scott. "We have agreed to complete the deal by April 4, 2014, and are confident in both parties' ability to achieve consensus by that time. Given the complexities of this transaction, and the number of different parties involved, additional time was necessary."

A full 8-K detailing the Agreement was released January 30, 2014.

From time to time, GrowLife will provide market updates and news via its websites GrowLifeInc.com, Cannabis.org or the Company's Facebook page at https://www.facebook.com/tellthetruthfederalgovernment

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http://finance.yahoo.com/news/shocking-prediction-next-dot-c…
StreetAuthority Network
2 hours ago


...The legal marijuana market could grow bigger than alcohol, especially because of its medicinal qualities, of which spirits have none. Its long-term success, however, is contingent on getting the blessings of the federal government, which for now is "looking the other way." (Take a look at what Street Authority's Austin Hatley wrote about marijuana's two legal codes in this article we featured a couple of weeks ago.)

Indeed it looks as though the marijuana industry is closer to getting the green light. With the growth this market is already seeing -- along with the astronomical potential it has if the trend continues -- there's money to be made.

In fact, this trend bears some resemblance to the dot-com era. For better or worse, we're talking about a new born industry with an immensely popular product. The combination of public and government acceptance (at least of the medical marijuana industry), along with proven business executives moving into the space, could be the catalysts that drive what could amount to a new gold rush in coming years.

If you like the idea of investing in the marijuana market, stick to companies that file with the SEC, because there are plenty that don't and go unregulated. Right now, the investable space in this industry is not that broad -- only a handful of companies trade on the market. With that said, here are a couple of companies showing early promise:

GrowLife Inc. (PHOT)

Although GrowLife trades at just $0.51, average volume is an impressive 45 million a day, making it a favorite among investors. The $431 million company makes equipment for growing cannabis, and has already sold 150,000 units over 25 years.

The Phototron system, which includes a pod for each stage of growth, is advertised to speed up harvesting by three to four times. PHOT also has a 45% interest in Organic Growth International (OGI) -- and its 25% interest in Canada's CEN Biotech (FITX) -- giving PHOT exposure to CEN Biotech's medical marijuana production facility -- one with a capacity of 1.3 million pounds capable of generating up to $11.25 million in revenue annually for PHOT. CEN Biotech is now awaiting approval from the Canadian government to produce and distribute cannabis for Canadian and International markets.

Interestingly, PHOT just announced its first "G.I.F.T." transaction in Colorado. The GrowLife Infrastructure Funding and Technology Program "allows fully-licensed and compliant growers and dispensaries in well-regulated cannabis markets to spread the cost of infrastructure builds over time." For that, PHOT has partnered with LEAF Aspen, a company in Colorado's popular vacation destination.

Through its seven retail outlets and online retail stores -- Greners.com and 58Hydro.com -- the company's revenue soared 278% to $2.94 million for the nine-month period of fiscal 2013 (the most recent reported) compared with the same period the year before. Analysts suggest that as many as 30 to 40 stores are slated to open in the next two to three years, with each store averaging $1 million per outlet.

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GWP und PHOT

Risks to Consider: Both of these stocks have experienced huge one-year gains and are susceptible to equally large losses. If you want to take the risk and invest in this arena, do so in small doses, not exceeding a total of 5% of your portfolio.

Action to Take --> With the tailwinds beginning to increase for the marijuana industry, a small investment could turn into windfall returns, especially if states continue to legalize the drug and investors pile in to take advantage. When that happens, you might want to have a stake in this sector.

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und wieder ein neuer Kunde


http://finance.yahoo.com/news/strategic-global-releases-prog…
CARLSBAD, CA--(Marketwired - Mar 27, 2014) - Strategic Global Investments, Inc.

-Company has signed a new 2 year lease in San Diego with option at current studio/offices

-Company has initiated a plan to upgrade studio equipment and begin planning for the building of new and virtual studios

-Bearpot has completed all electrical and structural upgrades to facility

-Bearpot has completed new state of the art equipment purchase from Growlife

-Bearpot has successfully completed the installation of all new equipment at facility

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GrowLife Releases Annual Report, Posts $1.9 Million in Q4 Revenue, $4.8 Million in Annual Sales
Date : 31/03/2014 @ 22:20
Source : PR Newswire (US)
Stock : Growlife Inc. (QB) (PHOT)
Quote : 0.5795 0.0205 (3.67%) @ 21:59

GrowLife Releases Annual Report, Posts $1.9 Million in Q4 Revenue, $4.8 Million in Annual Sales
Growlife Inc. (QB) (OTCBB:PHOT)

WOODLAND HILLS, Calif., March 31, 2014 /PRNewswire/ -- GrowLife, Inc. (OTCBB: PHOT), a diversified company operating in the legal cannabis industry which develops, markets and deploys products and services of legal cannabis, is pleased to announce the timely filing of its Annual Report and financial results for the fiscal year ending December 31, 2013. The full 10k filing is available in its entirety at www.GrowLifeInc.com or on the SEC's website http://edgar.sec.gov/.

GrowLife revenues for 2013 revenue from sales increased to $4,858,976 from $1,450,745, an increase of $3,408,231 or 235% compared against audited revenues in 2012. For the quarter ended December 31, 2013, Q4, revenue was $1,912,311, an increase of $1,237,691, an 183% increase compared to the $674,620 in revenues recorded for the same period in 2012.

As the Company describes in detail in the full regulatory filing the improved results in 2013 were primarily attributable to GrowLife's (1) strategic acquisitions, (2) product expansion, (3) business alliances, and (4) continually improving market conditions. The Company's reported results reflect costs of certain important initiatives including GIFT transactions, GrowLife reintroduction and expansion of private label products under the Stealth Grow product line as well as other recent initiatives the Company has developed but as yet not derived revenue to date.

The rapid growth of the company in 2013, combined with our focus on market share and expansion has resulted in some margin compression, which the Company believes is temporary. Moreover, the Company's financial results also include substantial non-cash, one time charges related to warrants that were issued by the company in 2013 and expensed by the company in accordance with GAAP requirements. The reported net loss of the Company for 2013, on a non-GAAP basis, exclusive of non-cash one-time charges, was $2,038,907.

"We are extremely pleased with the 2013 financial results, especially the fourth quarter, which reflects the first period of fully amalgamated sales revenue from our store acquisitions earlier in the year," stated GrowLife CEO and Chairman Sterling Scott. "We also made key investments in 2013, to position the company for future expansion and maximize our ability to scale with the market."

Highlights from the period include:

Acquisition of Rocky Mountain Hydroponics, LLC and Evergreen Garden Center, LLC, commencing GrowLife Hydroponics retail presence in Colorado, Massachusetts, New Hampshire, and Maine. The Companies were acquired in the 2rd quarter of fiscal 2013. Revenue from these acquisitions is only fully expressed in the Q3 and Q4 totals.
Opening of our Northern California, Santa Rosa based GrowLife Hydroponics Store in Q4.
CANX joint venture in Q4 to provide GrowLife with the financial capital to accelerate acquisitions and take advantage of market opportunities.
"For a company that is so tremendously focused forward, the 10K filing is an important opportunity for us to pause and look back on 2013 with complete transparency," added Scott. "In addition to strong financial results, 2013 represents a year of investing in our people – from the tremendous customer-service approach of our front-line store personnel, to the depth and breadth of our leadership team and independent Board, I'm very proud of the team we've assembled.

"With the exception of one-time, non-cash charges in 2013, the important metrics of the Company are sound and improving. Importantly, as the legislative environment continues to shift favorably for legal cannabis, GrowLife is very well positioned to increase our market leading presence in a revenue diversified manner that is profitable to the Company and its shareholders."

From time to time, GrowLife will provide market updates and news via its websites GrowLifeInc.com, Cannabis.org or the Company's Facebook page at https://www.facebook.com/tellthetruthfederalgovernment

About GrowLife, Inc.

GrowLife, Inc. (PHOT) (www.growlifeinc.com) develops, markets and deploys products and services addressing the needs of legal cannabis growing and retail operations, including hydroponic growing equipment and retail support software. The Company provides these solutions in our nationwide retail network, as well as online sites Greners.com, Phototron.com and StealthGrow.com. The Company also operates the political and social forum, Cannabis.org

Cautionary Language Concerning Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for GrowLife's products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in GrowLife's filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting GrowLife, Inc. please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. GrowLife, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations Contact:

Integrity Media
[phone]
[e-mail]

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10K Filing

https://www.sec.gov/Archives/edgar/data/1161582/000107997414…

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GrowLife and RXNB Mutually Adjust Extension Date to April 30, 2014 for Completion of Strategic Partnership
PR Newswire GrowLife, Inc.
22 minutes ago

WOODLAND HILLS, Calif., April 1, 2014 /PRNewswire/ -- GrowLife, Inc. (PHOT), a diversified company operating in the legal cannabis industry which develops, markets and deploys products and services of legal cannabis, together with Organic Growth International, LLC ("OGI"), its joint venture with CANX USA, LLC, has extended the date for completion of due diligence and closing the transaction with RXNB Inc. ("RXNB") to April 30, 2014. Under the agreement, GrowLife will sell and distribute RXNB proprietary technologies globally, and share profits related to technology licensing, subject to the approval of the GrowLife Board of Directors. GrowLife currently has a 45% ownership interest in OGI, with conditions under which it can gain majority interest.

RXNB is an investment company with holdings in drug formulation, manufacturing, and distribution. The company represents a recent roll-up of several independent companies in the pharmaceutical and nutraceutical market. RXNB has numerous pending patents in the field of THC research and development.

A full 8-K detailing the Agreement was released January 30, 2014.

From time to time, GrowLife will provide market updates and news via its websites GrowLifeInc.com, Cannabis.org or the Company's Facebook page at https://www.facebook.com/tellthetruthfederalgovernment

About GrowLife, Inc.

GrowLife, Inc. (PHOT) (www.growlifeinc.com) develops, markets and deploys products and services addressing the needs of legal cannabis growing and retail operations, including hydroponic growing equipment and retail support software. The Company provides these solutions in our nationwide retail network, as well as online sites Greners.com, Phototron.com and StealthGrow.com. The Company also operates the political and social forum, Cannabis.org.

About RXNB, Inc.

RXNB possesses proprietary, cutting-edge systems in the field of agriculture, applicable to medical marijuana. In particular, these technologies focus on Current Good Manufacturing Practices (cGMP) manufacturing and growing process of medicinal marijuana. cGMP refers to the Current Good Manufacturing Practice regulations enforced by the US Food and Drug Administration (FDA). cGMPs provide for systems that assure proper design, monitoring, and control of manufacturing processes and facilities, which assures the identity, strength, quality, and purity of drug products. RXNB technologies will accelerate plant growth, allow perpetual grow cycles of about 35 days and protect plants from adulterants, which will yield greater harvests. RXNB has a pharmacy division, which dispenses prescription drugs direct to approximately 50,000 patients per month in the US. RXNB owns a distribution network, which supplies approximately 2,700 clinicians with tailored functional medicine across the US. It operates its own call center and owns software technologies in the field of tailored specialty drugs and batch record keeping in compliance with USP 797.

[binda]

http://www.thecannabist.co/2014/04/04/five-pot-stocks-watch-…

Five pot stocks to watch, per 420 Investor guru Alan Brochstein (interview)

"It’s a penny stock industry, but it doesn’t always have to be one"......

[binda]

07.04.2014 | 14:17
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PR Newswire · Mehr Nachrichten von PR Newswire
GrowLife Secures Exclusive Rights to Represent Kyle Kushman Designed Nutrients & Supplements as Sole U.S. Distributor for VegaMatrix' Product Line

"Our partnership brings together two leaders in the legal cannabis industry to support organic growers in clean crop production and maximum yields," stated Sterling C. Scott, Chairman and CEO of GrowLife, Inc. "We share with Kyle Kushman a commitment to quality, organics and customer service that set the standard for the industry. Time and again, VegaMatrix products have proven best in class, as evidenced by the top industry awards and accolades from its loyal following of early stage customers. GrowLife is proud to be selected as the exclusive U.S. distributor, and is encouraged by the strong industry support for the VegaMatrix product line."

http://www.finanznachrichten.de/nachrichten-2014-04/29915299…

[binda]

Betrug??

Handel evtl. bis zum 25.April ausgesetzt.

http://de.advfn.com/p.php?pid=nmona&article=61807167

The Rosen Law Firm announces that it is investigating potential securities fraud claims against GrowLife, Inc. (OTCBB:PHOT) resulting from allegations that the Company may have issued materially misleading business information to the investing public and manipulated trading in its common stock.

On April 10, 2014, the U.S. Securities and Exchange Commission (“SEC”) temporarily halted trading in the common stock of GrowLife until April 25, 2014. In suspending the trading of GrowLife securities, the SEC stated that “the Commission temporarily suspended trading in the securities of PHOT because of questions that have been raised about the accuracy and adequacy of information in the marketplace and potentially manipulative transactions in PHOT’s common stock.

Na toll.

[binda]

Growlife reagiert und sagt:

Wir waren nicht im Voraus informiert, haben aber die SEC kontaktiert, um die Grundlage der Beschwerde besser zu verstehen.


http://de.advfn.com/p.php?pid=nmona&article=61806749
We were not notified in advance, but have contacted the SEC to better understand the basis of the complaint. We will fully comply with the SEC's requests for information, and continue business as normal during this temporary suspension.

bin gespannt, ob sie diese schwerwiegenden Anschuldigungen aus dem Weg räumen können.



binda

[binda]

http://www.streetinsider.com/Corporate+News/GrowLife+%28PHOT…


Dear Shareholders:

The SEC determined on April 10, 2014 to impose a temporary trading halt in GrowLife stock that may extend through April 24, 2014. This communication is to inform shareholders of the information available to the Company and to directly address, to the extent possible, several of the many questions that we have heard from shareholders and investors.

Did the Company have any advance notice of an impending SEC trading halt?

No, we did not have any advance knowledge, hint or warning. GrowLife learned of the SEC's actions at the same time that the market did on April 10th.

What caused the SEC to order a trading halt?

The answer is that we simply do not know and the SEC is not obligated to immediately provide information to GrowLife or its shareholders.

GrowLife is actively engaged in outreach to the SEC in an effort to first understand and then address the concerns. This is a normal process associated with informal SEC reviews and one for which GrowLife has retained specialized counsel in order to maintain communications with SEC. GrowLife will not engage in speculation. We will fully address any regulatory concerns when they are identified to us.

All that said, GrowLife has no knowledge of any irregularities that may warrant a suspension of trading in our securities and the fact remains that the SEC ordered a trading halt.

While the SEC review is ongoing, is the Company open and operating its businesses?

GrowLife is absolutely open for business in all of our stores and facilities. The GrowLife team has been working tirelessly to maintain, without missing a beat, the extraordinary team dedication and customer service that has allowed GrowLife to expand our business's interests in our unique market sector.

Will the SEC halt have an adverse impact on the value of GrowLife shares in the marketplace, even after trading resumes?

If history is any guide, there is likely to be a negative impact to GrowLife shares when trading is allowed to resume. GrowLife is a widely held security in our market sector and an industry leader. The Company will do everything in its power to minimize impact to shareholders and all of our business relationships. Most of all, we urge calm deliberate consideration by shareholders of information as it becomes available. We understand that is very difficult.

GrowLife developed as an industry leader in part because the Company team has a solid combination of customer commitment and business fundamentals. We do not welcome controversy; but we are not quitters. We are confident in who we are and what we do. The entire management team and Board of GrowLife is committed to continued transparency, addressing the concerns that we are made aware of and to continuing to build our extraordinary business. As part of our commitment, you will see a new website, noting our leadership team and continued focus on addressing customer and shareholder concerns.

Have "insiders" sold stock in GrowLife following the filing of the Company's annual report on Form 10K?

Yes. There is a very limited window of time after major regulatory filings where insiders are permitted to make controlled sales of stock. This is a very highly regulated process for anyone that has any material non-public information and it is an obligation that the management of the company takes quite seriously, and always has.

With any company that is publicly held, insiders may sell shares. Insiders are shareholders too. The company has taken what we consider many more than the required steps to make sure that everyone knows the rules and, to the extent under the company's control, the rules are followed.

That said, shareholders and investors should understand that insiders have lives, taxes, debts, and families. For example, company employees who received shares as part of their compensation in 2013 must under normal conditions address that tax obligation prior to April 15, 2014, creating for some the necessity to sell some of their shares. Unlike other shareholders, many of our officers and directors receive some if not all of their compensation in the form of stock. It is not, I repeat not, improper for insiders to sell a portion of their shares in the available windows, which occur after major regulatory disclosure events such as the March 31, 2014 filing by GrowLife of its annual report.

Did Robert Hunt sell a portion of his share ownership in GrowLife?

Yes. Management team member Robert Hunt sold a portion of his ownership in a manner that was known to the company and fully reported. Mr. Hunt sold his hydroponic store business to GrowLife last year where a large payment was in stock, which carries significant tax consequences. It is normal business practice for such obligations to be addressed by selling a portion of the acquired stock in a regulated manner. Mr. Hunt rightly sold a portion of his shares in the limited time available to senior management is decidedly ordinary and normal. We are not aware of any allegation that Mr. Hunt's stock sales were improper.

Did Elisabeth Wedam, wife to CEO and Chairman Sterling Scott, sell a portion of her ownership in GrowLife?

My wife (Elisabeth Wedam) and I invested upward of $2 million in SG Technologies and a good deal of time, more than two years ago now, before it was merged into what became GrowLife, Inc. When that merger was completed, we received no cash but both my wife and I separately received shares in GrowLife. Elisabeth and I have unfortunately been separated for many years but we remain married and her ownership in shares in her name is treated exactly as though they were mine. We are modest well-intentioned people, like most of GrowLife's shareholders. Elisabeth has dedicated most of her professional life to teaching, most recently English as a Second Language in public schools.

In the very limited window during which our insiders may sell under specific limits after the GrowLife 10K was filed, my wife sold a portion of her shares that amounted to less than 5% of our ownership and less than 1% of the outstanding shares of GrowLife. The process for my wife of actually preparing to even sell one share, began more than one year ago, and because I am CEO and Chairman, has always been very carefully scrutinized. The timing was unfortunate given the SEC actions, but the transaction itself is normal and ordinary. Of course the SEC knows that the Company had no knowledge of the surprise halt. For the record, this was the first sale of any GrowLife stock by myself or my wife.

Have any lawsuits been filed against GrowLife arising from the SEC trade halt?

No lawsuits have been filed against GrowLife to our knowledge. We understand that several plaintiff-oriented firms have issued press releases indicating that they have initiated an investigation of GrowLife. The Company has had no direct contact with any of these firms. Unfortunately, plaintiff law firm investigations, including class action efforts, are commonly raised whenever there has been an interruption in securities trading. In due course, should lawsuits eventually be filed, the Company will address and respond to allegations.

Conclusion and Commitment

I will remain 100% dedicated to getting to the bottom of SEC concerns and to keeping shareholders fully informed when we have reliable information. In the meantime, we respectfully ask that our shareholders and investors maintain a measure of calm and patience notwithstanding frustrations that we all feel in this trying time for GrowLife.

You have our assurances that when the SEC provides GrowLife with specific information on its concerns, that GrowLife will conduct itself with candor and full disclosure from the team at GrowLife.

From time to time, GrowLife will provide market updates and news via its websites GrowLifeInc.com, Cannabis.org or the Company's Facebook page at https://www.facebook.com/tellthetruthfederalgovernment

[binda]

Dear Shareholders,

As GrowLife prepares to resume trading, I would like to personally reinforce the company's strength, growth potential and commitment to transparency. Below, you will find candid responses to key questions regarding the SEC's decision to temporarily halt, and now support the resumption, of trading of GrowLife's stock.

What can the Company report involving the temporary suspension in trading in shares of GrowLife imposed by the SEC?

GrowLife understands that trading in GrowLife securities will resume during market hours on Friday, April 25, 2014. The SEC has informed GrowLife through counsel that it is not the subject of an informal or formal investigation. The SEC has not requested any documents from the company or its Board. Nor have they issued GrowLife any subpoenas or broad requests for information.

It appears, from counsel's discussions with the SEC's staff, that the SEC suspension was prompted by concerns that some 3rd party holder(s) of GrowLife stock may have been planning to engage in some form of manipulative promotional activity. GrowLife does not have any more specific information regarding this matter. On behalf of GrowLife, I can confirm that GrowLife was not involved in the planning of any potentially manipulative promotional activity nor does it have any knowledge of any planned 3rd party promotional activity of any kind or type, proper or improper.

GrowLife has conveyed to the SEC its willingness to make management available to the SEC to answer questions. In response, we were informed that no meeting or additional information from the Company was required at this time. SEC staff reiterated that there was no formal or informal investigation of GrowLife in process.

What is going on at GrowLife?

We have conducted our own internal review of policies and procedures to ensure we are in full compliance, and have positioned the company for future growth.

The Board of Directors of GrowLife has been actively working with management to establish even higher levels of oversight and checks/balances in place throughout the Company. This process began back in late 2013 and early 2014 with the formation of a majority of independent members to the Board of Directors, including our welcome of outside directors Anthony Ciabattoni, Jeff Giarraputo and Alan Hammer to the Board, and the planning of committees on the Board of Directors to actively focus on Audit and Compliance, Compensation, and Mergers & Acquisitions. These are time-intensive processes that are essential to the sustainable teamwork and leadership that is characteristic of all of the strongest and most capable companies worldwide.

We have been actively developing a GrowLife 2.0 business model and go-forward strategy to propel the company, and the industry, forward. Details will be announced next week. We invite our shareholders to follow closely as GrowLife 2.0 is deployed in what we believe will be the first large scale blending of experienced world class management and the legal cannabis market in the U.S.

Our corporate team has responded to thousands of investor inquiries by phone and email arising from the trading halt since April 10th. GrowLife could not have anticipated the enormous volume of incoming calls and emails. We appreciate the patience and understanding that many shareholders exhibited to our team. We expect that call volume will increase even further as trading resumes tomorrow. We have responded with a hotline for investors by phone at [phone] and by email at [e-mail].

Our accounting team, led by CFO John Genesi, has been actively engaged in preparation of GrowLife's quarterly report for filing with the SEC and announcement to shareholders timely on or before May 15, 2014.

In summary, GrowLife has sharpened its focus on boosting business operations and developing a strong go-forward plan, while working to understand the concerns of the SEC, and responding with candor and integrity to more than a thousand shareholder inquiries. All GrowLife stores remain open for business. Our retail managers and employees have continued actively working toward another record quarter for sales in our business.

Does GrowLife believe that it can continue to prosper and grow the Company for the benefit of shareholders?

We believe intensely in a positive future for GrowLife and our industry. Extraordinary opportunities do not, however, come without risk.

GrowLife management continues to believe that the legal cannabis market in the United States is going mainstream. We are dedicated to continuing to lead the industry with the strongest management team and a business model that we expect to be validated and improved over and over in the years to come. Adversity only makes us smarter and stronger, more committed to realizing the extraordinary opportunity that our investors have allowed us to lead. We will continue to manage and navigate those risks with integrity and transparency to the very best of our ability.

Respectfully yours,
Sterling C. Scott
Chairman and CEO

[binda]

PR Newswire·Mehr Nachrichten von PR Newswire
GrowLife Establishes Board Governance Policies, Restructures Compensation for Independent Directors
WOODLAND HILLS, Calif., April 30, 2014 /PRNewswire/ --GrowLife, Inc. (PHOT), the recognized leader in specialty hydroponics and an essential facilitator of the grower marketplace, announced an initial component of its GrowLife 2.0 go-forward plan with the creation of stronger governance policies at the Board level, the restructuring of Board compensation and the creation of guiding principles for the long-term growth of the company.

A new compensation plan for independent Directors on GrowLife's Board has been proposed to replace the stock award plan originally established in August 2012. The initial step in the implementation of the proposed compensation plan is the agreement by all four independent directors of GrowLife to cancel their respective 500,000 share stock grants for Q1 2014 issued pursuant to the August 2012 plan.

"Upon review of director compensation, the independent directors recognized the importance of making this change for the good of the company, and called-upon themselves to serve as leadership examples," commented Marco Hegyi, President and Board Director. "This is the first of several strategic announcements GrowLife will make over the next few weeks, as key components of our GrowLife 2.0 plan."

The proposed plan shifts compensation away from historical stock awards, and moves it toward incenting/rewarding independent Directors for overseeing the long-term growth and expansion of the company. Director compensation will become more equitable and in-line with the company's performance.

"This long-term incentive plan will align Board compensation with company performance," said Sterling Scott, GrowLife's Chairman and CEO. "It recognizes the importance of strong governance, industry leadership and a long-term view of what's right for the company and the industry. That tenet is a fundamental guiding principle of our GrowLife 2.0 strategy."

Also fundamental is stronger business acumen shared throughout the company, and compliance policies that ensure GrowLife's business practices and investment strategies are in full compliance with regulatory requirements and market dynamics. To provide oversight and clear direction, the Board has established four essential committees:

Audit Committee to provide greater oversight on all compliance matters;
Compensation Committee to review compensation programs, specifically around stock incentive plans;
Nominating Committee to identify and screen additional board members who are committed to the long-term growth of the company;
Mergers and Acquisitions Committee to guide purchasing and investments by the company
About GrowLife, Inc. (PHOT). GrowLife (www.growlifeinc.com) is the recognized leader in specialty hydroponics and an essential facilitator of the grower marketplace, through our nationwide retail network, as well as online sites Greners.com, Phototron.com and StealthGrow.com.

[DrEmmettBrown]

Hi!

ist noch jemand in Growlife investiert oder sind alle nach der Suspension durch die SEC ausgestiegen?

Ich hab mir nach dem Absturz welche ins Depot gelegt, da ich der Meinung bin, das sich der Kurs im Laufe der Zeit wieder erholen sollte, dass Potential ist durch die Suspension ja nicht weniger geworden.

Die Q1-Zahlen im Mai sollten interessant werden.

[Findik2]

Also Ich bin zum Glück bei 0,35 € lang vor dem Absturz raus.

Viel Erfolg hoffe auch für alle noch investierten das Sie nochmal steigen

[DrEmmettBrown]

http://seekingalpha.com/article/2212713-marijuana-stocks-hal…

Auch wenn niemand mehr da zu sein scheint, anbei ein interessanter Artikel zu den Potstocks, beinhalter auch PHOT

[Caesar77]

Moin moin,

NEWS:

http://www.finanznachrichten.de/nachrichten-2014-05/30299532…

[DrEmmettBrown]

Antwort auf Beitrag Nr.: 46.994.410 von Caesar77 am 16.05.14 10:54:51

Servus,

ein ordentliches Umsatzwachstum in Q1, sehr gut!

Ich bin gespannt was heute in den USA passiert.
Weiter runter kann ich mir nicht vorstellen, da die 0,10 USD die untere Grenze zu scheinen seinen.

Wenn es heute steigt, dann sollte es einen größeren Schub geben.

Aber ist echt schwer zu sagen bei PHOT nachdem sie am Grey Markt sind.

Oder wie seht ihr die Sache?

[UdoBerlin]

Antwort auf Beitrag Nr.: 46.994.938 von DrEmmettBrown am 16.05.14 11:51:50

Hoffen wir es. Die letzten Wochen waren schlimm genug.

[binda]

Zitat von UdoBerlin: Hoffen wir es. Die letzten Wochen waren schlimm genug.

Wie es aussieht, ist damit noch nicht Schluss

[UdoBerlin]

Ja das ist schon bezeichnend, wenn trotz gutem Ergebnis in Q1 der Kurs weiter runter geht. Aber wie dem auch sei, falls andere US-Bundesstaaten dem Beispiel Colorados in diesem Jahr noch folgen sollten, kann es mit dem Kurs auch wieder in die andere Richtung gehen. Bekanntlich stirbt die Hoffnung ja zu letzt.

[binda]

Nach den Vorwürfen und die 2 wöchige Suspendierung von PHOT durch die SEC: der CEO nimmt seinen Hut, aus persönl. Gründen!

22.05.2014 | 23:03
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PR Newswire·Mehr Nachrichten von PR Newswire
GrowLife, Inc. Restructures Leadership To Drive Major Expansion
WOODLAND HILLS, Calif., May 22, 2014 /PRNewswire/ --GrowLife, Inc. (OTC: PHOT), the recognized leader in specialty hydroponics and an essential facilitator of the grower marketplace, today announced the decision made by Sterling Scott to depart from daily operational duties as Chief Executive Officer and Director and Chairman of the Board for personal reasons. Marco Hegyi, Company President, will assume Mr. Scott's CEO duties and responsibilities, and continue to drive development and expansion strategies.

"GrowLife is firmly positioned to take advantage of the explosive growth in hydroponics retail and legal cannabis. We have a strong dedicated board of directors, group of executives and retail team that are excited about and ready to forge ahead with GrowLife 2.0," said Mr. Hegyi. "I look forward to continuing a close relationship with Mr. Scott and thank him for choosing me as part of the future leadership team for GrowLife."

GrowLife 2.0 includes new infrastructure delivering an immersive seed-to-sale commerce platform, which is expected to accelerate growth for the entire hydroponics and cannabis grower industry.

Mr. Scott respectably served the Company for more than two years. During his tenure with GrowLife, Mr. Scott successfully led the Company to acquire seven retail stores and ecommerce operations that generated $2.4 million in revenues for its first financial quarter of 2014.

"Marco has more than 30 years experience primarily focused in the technology space. He has a strong background in executive management, team building, business and financial operations," said Jeff Giarraputo, Member of the Board of Directors. "His background lends well to the development and expansion of the next phase of GrowLife.

For more information, please visit: www.growlifeinc.com.

[DrEmmettBrown]

Das sind doch mal gute Nachrichten.
Nach der Suspendierung und der Untersuchung durch die SEC ist das Ansehen von Scott m. E. beschädigt, der ist eigentlich nicht mehr tragbar, ob die Suspendierung nun gerechtfertig war oder nicht.

Jetzt macht man einen Schnitt und startet mit Growlife 2.0 und einem neuen CEO durch, Hegyis Werdegang sieht gut aus, der hat reichlich Erfahrung.

Haben wir den Boden nun endlich erreicht, dann wäre es Zeit nochmal nachzulegen und den EK zu drücken, sofern amn an das Potential von Growlife glaubt, was ich tue.

[UdoBerlin]

Ja, wahrscheinlich die beste Nachricht der vergangenen Wochen. Hoffen wir, dass der neue CEO das vertrauen der Anleger zurückgewinnen und v.a. GrowLife 2.0 in eine erfolgreiche Zukunft führen kann.

[binda]

NEWS: GrowLife Strengthens Financial Management Core with New Addition To Its Board of Directors

http://www.otcmarkets.com/news/otc-market-headline?id=161687…

Mark E. Scott, a highly qualified financial executive brings three decades of experience to advise the Company on growth investments and fiscal responsibility efforts

WOODLAND HILLS, Calif., May 27, 2014 /PRNewswire via COMTEX/ -- GrowLife, Inc. (OTC: PHOT), the recognized leader in specialty hydroponics and a provider of essential goods for indoor growers, today announced that financial executive Mark E. Scott joined its Board of Directors effective May 21, 2014. Mr. Scott has served as Chief Financial Officer and held board and secretary positions for several publically traded companies. Mr. Scott will help advise the company on strategic growth investments, financial reporting and governance.
"GrowLife needs to ensure it has the strongest financial controls in place that not only meet regulatory standards, but responsibly exceed them during this volatile time in the market," said Marco Hegyi, President of GrowLife. "Mark is a critical addition to the future of GrowLife, and with his guidance, we will strengthen and stabilize the Company's ability to work with the public market."

Mr. Scott has deep knowledge in all of the major aspects of finance with significant experience leading financial operations for fast paced growth companies in technology, consumer goods, telecommunication and mining sectors. He has built and managed financial teams in companies focused on high growth opportunities, and closed significant mergers and acquisitions over the past decade.

Mr. Scott also has an exceptional background in working on U.S. Securities and Exchange Commission (SEC) reporting and compliance matters. As a Board Member for GrowLife, his experience is expected to help expedite the return to active trading on a preferred exchange, and guide the Company's SEC reporting policies and procedures.

"The challenge of capitalizing on such market growth requires solid infrastructure and reporting systems to mitigate risks that are necessary to scale a company," said Mr. Scott. "The leadership team at GrowLife understands these challenges and, with my help, is reinforcing Company-wide financial controls to lead industry growth."

GrowLife continues to strengthen its SEC reporting policies and procedures, as well as improved internal controls following the trading suspension in April. Currently, the Company is voluntarily conducting an in-depth evaluation of the company's financial operations with assistance from independent counsel. The internal evaluation, and all new financial practices, is part of a larger effort designed to have the Company return to active trading on a preferred exchange.

[binda]

Der letzte Absatz gefällt mir am besten und lässt hoffen:

GrowLife verstärkt weiterhin seine SEC Berichtserstattung und Verfahren, sowie verbesserte interne Kontrollen, nach der Handelsaussetzung im April. Derzeit unternimmt das Unternehmen freiwillig die Durchführung einer eingehenden Bewertung der Finanzgeschäfte des Unternehmens mit Unterstützung von unabhängigen Anwälten. Die interne Bewertung, und alle neuen Finanzpraktiken, sind Teil einer größeren Anstrengung, entwickelt, für die Rückkehr der Gesellschaft in den aktiven Handel an einer bevorzugten Handelsplattform.

[UdoBerlin]

Ja, klingt positiv. Hoffen wir, dass der Aufwärtstrend der letzten Tage anhält und sich das Unternehmen wirklich gut für die Zukunft aufstellt.

[binda]

Sterling Scott geht und Mark E. Scott kommt.

Brüder? Cousin?

[binda]

Es wird weiter in der Chefetage ausgefegt:


30.05.2014 | 23:01
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PR Newswire·Mehr Nachrichten von PR Newswire
GrowLife Announces Additional Executive Changes
WOODLAND HILLS, Calif., May 30, 2014 /PRNewswire/ --GrowLife, Inc. (OTC: PHOT), the recognized leader in specialty hydroponics and a provider of essential goods for indoor growers, today announced the resignation of Rob Hunt, Executive Vice President of GrowLife, Inc. and President of GrowLife Hydroponics. Mr. Hunt's departure, effective on May 23, 2014 has been formally addressed by a companywide restructure of its leadership team.

The GrowLife team remains tightly united to drive expansion efforts including GrowLife 2.0, despite recent changes. As previously announced, Mr. Hegyi assumes leadership of the Company following Sterling Scott's departure. The Company's successful retail sales operations will continue to be managed by Vice President, Joe Barnes and Regional Director, Jeremy Belmont, following Mr. Hunt's departure. The Company also added financial executive, Mark E. Scott to its Board of Directors. Mr. Scott will help advise strategic growth investments, financial reporting and governance that are critical to the future of the Company.

"We appreciate Mr. Hunt's service to the Company, and his support to ensure a smooth transition at this time," said Marco Hegyi, President of GrowLife. "Mr. Hunt oversaw the sales team, which have consistently hit goals that resulted in record revenue growth. We are confident that the sales team can continue to show strong performance, and push forward our expansion strategies."

The restructured leadership team is well aligned to bring GrowLife 2.0 to market, and remains steadfast to become a major catalyst that accelerates growth in the legal cannabis industry. For more information about GrowLife, Inc., please visit: www.growlifeinc.com.

[binda]

On June 2, 2014, the Board of Directors of GrowLife, Inc. (the “Company”) received a fully executed termination of a planned Joint Venture with Vape Holdings, Inc. originally executed on March 17, 2014. The Board of Directors formally ratified its termination at a board meeting on June 3, 2014.

Joint Venture wurde von Vape gekündigt

http://www.sec.gov/Archives/edgar/data/1161582/0001079974140…

[binda]

http://www.mainstreet.com/article/money/investing/growlife-e…

Growlife Establishes National Marijuana Presence
By Marguerite Arnol
Posted July 29, 2014

NEW YORK (MainStreet) — Growlife Inc. (PHOT), a hydro grow consulting and supplies company, has now joined the ranks of cannabis-related companies to establish a national, in this case 17 state presence. Expansion to additional states is on the drawing board for later in the year. Growlife started the expansion of its sales network in Arizona, Colorado, Oregon, Washington state and California as well as serving ten states in the North East.


"We are the guys in the middle," said Marco Hegyi, the company's CEO said. "You come to us, we have the knowledge, we will help you figure this out. We understand the latest technology, from nutrients, to smart soils."

Hegyi compares Growlife to an operating system, in the sense that it does not grow the strains because "application developers" (or growers) do that. Instead, he said, Growlife functions as the OS layer.

In partnership with well backed CANX USA LLC (CANX) the company now has the financial backing to support its planned expansion as well as M&A initiatives.

Under the terms of the new agreement, CANX will provide Growlife with $10 million in working capital via secured loans, $2 million in direct M&A resources and joint venture financing worth over $40 million. The company has also obtained waivers of default from other lenders which were triggered by the SEC's actions to halt trading of company stock in April.

At that time, the company announced several changes in leadership as well as other organizational shifts that had been underway since the beginning of the year. These include resolving outstanding legal matters and clearing up, according to Hegyi "gray sheet matters." Overall Hegyi, whose background is in the IT industry, is very upbeat about the future of the company he now helms.

"We've paid the price to take corrective action, cut about $160,000 in spending each month, and are now focused on building the nation's largest cultivation product and service network," he said.

According to Hegyi, this is the launch of Growlife "2.0." As he said, "CANX and Growlife have come together under a revised agreement that gives us access to capital under favorable terms that are designed to mitigate risk, generate cash flow and return on investment."

Hegyi, who joined the company late last year and took over the reins as company head this spring, is clear about his vision for the company's future.

"We have shed more than 60% in operating expenses from underperforming retail and business units," he said. "This increases our ability to reach a significantly larger customer base, thus generating greater revenue at a much lower operating cost."

The company also prides itself in helping growers control the bottom line.

"We are building an industry that tries to take a combination of skills sets and focuses," Hegyi said. "Today the most contemporary issues are mostly in the way we are actually coming together to use cutting edge knowledge and technology to build the vertical."

"We are building an industry that tries to take a combination of skills sets and focuses," Hegyi said. "When I started six months ago, I realized we have to throw the book away. Today the most contemporary issues are not the laws but way we are actually coming together to use cutting edge knowledge and technology to build the vertical."

[Zuendschnur]

Sicher auch nicht verkehrt, sich hiervon ein paar ins Depot zu legen...

[Zuendschnur]

Beruhigung nach den "Aprilzahlen", Geschäftsführung will mehr, Gigantischer Zukunftsmarkt

[Zuendschnur]

..und Growlife wird sicher einer der Hauptprofiteure!
Milliardenmarkt(denke,der sich noch weiter öffnen wird)

[Zonk5050]

Antwort auf Beitrag Nr.: 48.820.583 von Zuendschnur am 19.01.15 17:56:17

Möchte den niemand seine GrowLife Aktien verkaufen??? versuche es seit Tagen und bekomme keine.






Es gibt 10 Gruppen von Menschen; diejenigen, die das Binärsystem verstehen, und die, die nicht.

[Zonk5050]

Antwort auf Beitrag Nr.: 49.101.914 von Zonk5050 am 18.02.15 09:35:53

Geht doch,jetzt müssen nur noch viele andere kaufen.

[sirlacoura]

Gibt es einen Grund für den 20% Anstieg?

[techinvestor69]

Gruselige Lektüre...ein paar Auszüge

As of November 19, 2014 there were 879,143,771 shares of the issuer’s common stock, $0.0001 par value per share, outstanding.

25 Mio. USD Börsenwert

On April 25, 2014, shares of the Company’s common stock resumed trading on the “grey sheets” and are not formally quoted or listed on any stock exchange at this time.

Erinnert mich an Jordan Belfort.

On August 5, 2014, the SEC charged four promoters with ties to the Pacific Northwest for manipulating the Company’s open market and conducted pre-arranged, manipulative matched orders and wash trades to create the illusion of an active market in these stocks. The promoters then sold their shares in coordination with aggressive promotional campaigns that urged investors to buy the stocks because the prices were on the verge of rising substantially.

On April 10, 2014, as a result of the suspension in the trading of the Company’s securities, the Company went into default on its 7% Convertible Notes Payable for $500,000 each from Logic Works and China West III. As a result, the Company accrued interest on these notes at the default rate of 24% per annum. Furthermore, as a result of being in default on these notes, the Holders may, at their sole discretion, call these notes.

Quelle: http://www.sec.gov/Archives/edgar/data/1161582/0001354488140…

Wer das handelt, ist selbst schuld.

[sirlacoura]

Antwort auf Beitrag Nr.: 49.614.767 von techinvestor69 am 22.04.15 00:00:14

Danke dir vielmals !!!

[Zuendschnur]

...offenbar handeln das doch viele
USA Handel sehr interessant...

[Zuendschnur]

..immer wieder heftige Ausschläge
Gestern Kurs mal bis zu 0,26$ !
In den vergangenen Wochen gabs immer
wieder mal solche unerklärlichen Kurse.
Meist schwankt das Ding ja zwischen 2-4$Cent, was ja auch schon eine achtliche Spanne ist..

[Zuendschnur]

..aber vermutlich alles nur überrauchte Käufer,
die die Dezimalstelle falsch gesetzt haben.
so wirds sein ;-)