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Growlife Inc. PHOT
Posted On: 03/13/2014 8:36:18 AM
Post# of 1149
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Posted By: Trained Monkey

Anxious to see where the stock goes after closing gaps and consolidating in the .50's all day long. Hard to believe we shot up from .35 just last week.



Lots of good news out there- http://www.mainstreet.com/article/small-busin...-growlife-



GIFT explanation from link:


Through GIFT, growers can acquire and pay for equipment over time.


"We expect these transactions to be in the range of $500,000 to $5 million but that will vary depending on the company and on the yearly terms of the arrangement, which can be from one to 5 years," Scott said.



Anxiously awaiting to see how much LEAF borrowed, and how and how much they will pay back.


It's a fixed rate lend of money and equipment, very accretive to GrowLife. Sell equipment, get revenue plus interest, have dozens of customers in the next few years.



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