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Growlife Inc. PHOT
Posted On: 03/13/2014 8:58:07 PM
Post# of 1149
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Posted By: Trained Monkey
Re: Dead Cat Bouncer #157

Best of luck to you, just know that these are not Outstanding Shares (O/S) that dilute, they are Authorized Shares (A/S) which we (the shareholders) voted 88% to give them.


I liken it to a credit limit, let them buy assets and perform acquisitions! GrowLife is performing 'healthy dilution' to grow revenue with each purchase...


Of the 2 billion raise in A/S, 500 million went to the CEN Bio and RXNB deals. So, the fact is the first 25% of the increase is already accounted for, and it was a large acquisition that drove the PPS up!


More to follow. Sad to see someone leave when I truly believe there is so much here yet to come!















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