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NCAL Bancorp and Grandpoint Capital Terminate Merger Agreement(0)

NCAL Bancorp (OTCQB: NCAL) and Grandpoint Capital, Inc. said in a joint announcement Tuesday that the two companies have terminated their definitive agreement to merge. Under the agreement, which was entered into in June 2012, Grandpoint was to acquire NCAL Bancorp and its subsidiary National Bank of California. Read More

AltiGen Records Lower Revenue in Q4, Trims Losses for Full Year AltiGen Records Lower Revenue in Q4, Trims Losses for Full Year(0)

AltiGen Communications, Inc. (OTCQX: ATGN) reported steeper losses Wednesday from the fourth quarter and fiscal years ended September 30, 2012, as the company booked a one-time, non-cash charge for excess inventory. Read More

Axesstel Revenue Dips in Third Quarter as Net Profit Increases Axesstel Revenue Dips in Third Quarter as Net Profit Increases(0)

Axesstel Inc. (OTCQB: AXST) Tuesday reported its earnings for the third quarter and nine months ended September 30.  Revenue for the quarter totaled $16.3 million; down from $17.1 million in the same quarter of 2011 for the provider of fixed wireless voice and broadband access solutions.  Net income significantly increased from $1.3 million, or 5 cents per diluted share, in Q3 2011 to $2.1 million, or 8 cents per diluted share, in the most recent quarter, due Read More

DTC Lifts Chill on Shares of Universal Bioenergy DTC Lifts Chill on Shares of Universal Bioenergy(0)

On July 22, the Depository Trust Company, or DTC, imposed a “deposit chill” on shares of Universal Bioenergy Inc. (OTCQB: UBRG), an  independent diversified energy company that produces and markets natural gas, petroleum, coal and propane.

DTC, the largest securities depository in the world with 3.6 million securities worth $35 trillion on deposit, was created by the securities industry to improve efficiencies and reduce risk in the Read More

Dewmar International Says No Reverse Stock Split Dewmar International Says No Reverse Stock Split(0)

Approximately one month ago, the board at Dewmar International BMC, Inc. (OTCQB: DEWM) granted its president, Dr. Marco Moran, the authority to call for a shareholder vote to affect a reverse split of the company’s common stock.

Monday, the company, which only has about 59 million shares outstanding, said Read More

Growlife to Build Out Cannabis.org, Chart at Double Bottom Growlife to Build Out Cannabis.org, Chart at Double Bottom(0)

GrowLife, Inc. recently announced plans to develop Cannabis.org as an information portal for the medical marijuana industry.

GrowLife, Inc. (OTC: PHOT) (formerly Phototron Holding, Inc.) is a company with core holdings in innovative technology-based products and services for the indoor gardening industry and specialty markets. These brands include Stealth Grow LED producer of hi-powered LED grow light products for indoor horticulture (www.stealthgrow.com), Greners.com, the online hydroponics superstore (www.greners.com) and Phototron, producer of hydroponic growing containers, which are designed to grow vegetables, herbs, flowers and fruits in any environment (www.phototron.com).

PHOT has been advertised and promoted on national TV and has been seen featured on nationally acclaimed shows such as Martha Stewart. PHOT has also been featured in Discover, Playboy, Cosmopolitan, High Times, Rolling Stones, and even FORBES!



Technically speaking, we have witnessed a strong support base forming. The price per share has bounced off these levels twice in the last five weeks, including a 200 percent rise in August from near these levels.

More about the technical analysis of the stock chart:

In addition to a recent name change to one that more suits the company’s future, PHOT has increased its value to investors by accomplishing the following:

  • GrowLife now owns and markets www.Greners.com, the leading online hydroponics supply company in North America;
  • GrowLife now owns and operates www.stealthgrow.com, the leading manufacturer and supplier of LED grow lights in our business;
  • GrowLife is beta testing a complete line of grow room automation equipment under its SG Sensors brand for launch later this year;
  • GrowLife established as an operating division of the company that is focused on brand promotion opportunities in the entertainment and lifestyle market surrounding the medicinal cannabis industry; and
  • GrowLife has strengthened its management team and Board of Directors through additions of experts in the field.

After the closing bell on Tuesday, the company released news of its latest developments to strengthen its portfolio and fortify its position as an industry leader. The press release:

GrowLife, Inc. (OTC: PHOT) (formerly Phototron Holdings, Inc.), a leading technology supplier to the hydroponic growing industry today announced that it has acquired and is actively developing Cannabis.Org as an information portal for the medical medical marijuana industry. Details regarding the creative content, celebrity-sponsor/contributors and release plans will be announced in Q4 2012, closer to the full release of the website.

GrowLife CEO Sterling Scott explained: “There are a very limited number of immediately recognizable portals for our industry like Cannabis.Org. GrowLife is very fortunate that our prominent position in the industry has allowed us this exciting opportunity to promote industry advocacy and events along with links that allow merchandising of technology and lifestyle products. Cannabis.Org will also be a powerful venue for our celebrity sponsors to reach millions of new potential customers in our core demographics.”

SearchCore, Inc. (OTCBB:SRER), (OTCQX:SRER) acquired another highly recognizable industry portal, Marijuana.Com, in a cash transaction for a reported $4,200,000 dollars in November 2011. According to GrowLife CEO Sterling Scott, the rights transfer to GrowLife for Cannabis.Org was a stock only transaction.

GrowLife’s acquisition of Cannabis.Org and its development plans are part and parcel of the continued development of GrowLife, Inc. as a lifestyle company to compliment its premier hydroponic equipment brands.

For more information about the public holding company, please visit www.growlife.com.

Cautionary Language Concerning Forward-Looking Statements Information set forth in this press release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in GrowLife’s filings with the Securities and Exchange Commission. In addition, all entertainment industry products are subject to additional uncertainty, including the risks of delay, cancellation and poor critical or financial reception. GrowLife disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.

Contact: Kyle Tracey
Email: [email protected]
Address: 20259 Ventura Boulevard, Woodland Hills, CA 91364
Phone: (800) 651-2837

52-Week High: $0.32
52-Week Low: $0.01
Yesterday’s Close: $0.0131

Growlife (PHOT) Stock Quote and News:







Disclaimer: Neither www.otcshowcase.com nor its officers, directors, partners, employees or anyone involved in the publication of the website or newsletters (“us” or “we”) is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. Further, we are not qualified to provide any investment advice and we make no recommendation to purchase or sell any securities. The prior article is published as information only for our readers. otcshowcase.com is a third party publisher of news and research. Our site does not make recommendations, but offers information portals to research news, articles, stock lists and recent research. Nothing on our site should be construed as an offer or solicitation to buy or sell products or securities. This site is sometimes compensated by featured companies, news submissions and online advertising. Viper Enterprises, LLC (parent company of OTC Showcase) has been compensated two thousand dollars by an unaffiliated third party, Accelerize New Media, for its efforts in presenting the PHOT profile on its website and distributing it to its database of subscribers as well as other services. Please read and fully understand our entire disclaimer at http://www.otcshowcase.com/about-2/disclaimer.

NeoMedia Lands Deal With Microsoft and Strengthens Sales Force NeoMedia Lands Deal With Microsoft and Strengthens Sales Force(0)

The broad markets have been crazy these last two days.  The Dow Jones Industrial Average had about a 150 point swing yesterday after completely reversing course from chasing levels not seen since 2008 to diving into the red.  The focus on Apple (NASDAQ:AAPL) and its climb to become the biggest public company ever, has had a collateral effect in putting attention on Microsoft (NASDAQ: MSFT), the company whose record Apple broke.  Investors and analysts are questioning what is in the works for Microsoft to compete with the fruit monster of the tech Read More

Tyson Chandler Joins Growing Team of Superstars at Fuse Science Tyson Chandler Joins Growing Team of Superstars at Fuse Science(0)

Getting stars to endorse a product is a big advantage in marketing.  After all, there’s a good reason that Citizen has Super Bowl MVP Eli Manning, two-time Daytona 500 winner Matt Kenseth and 2010 U.S. Women’s Open champion Paula Creamer sporting their watches and companies like Chattem, a subsidiary of Sanofi-Aventis (NYSE: SNY), get superstars like Shaquille O’Neal to praise the power of Icy Hot. Read More

Biostem Sets to Offer Stem Cell Based Hair Restoration to Public Biostem Sets to Offer Stem Cell Based Hair Restoration to Public(0)

Clearwater, Florida-based Biostem U.S., Corp. (OTCQB: HAIR) reported this morning that the Pizarro Hair Restoration Clinic in Orlando, Florida is now equipped and ready to begin offering The Biostem Method™ of hair re-growth using the patient’s own adult cells in a minimally invasive, painless procedure.  Dr. Marina Pizarro has treated to female patients using the Biostem procedure, paving the way for a broader roll-out of the technology through affiliate Read More

BC Hydro Commits $50 Million to Upgrade Systems that Benefit ecoTECH Energy Group’s New Sustainable Energy McBride Project in British Colombia BC Hydro Commits $50 Million to Upgrade Systems that Benefit ecoTECH Energy Group’s New Sustainable Energy McBride Project in British Colombia(0)

Many developed nations across the globe are in the midst of initiatives supporting the broader uses of sustainable energies.  The push in Canada is evidenced by headlines recently as the country deliberates over a pan-Canada energy strategy.

It seems clear that Premier Alison Redford, along with other western leaders, favor of a unified Read More



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Dana-Farber to Host Cellceutix Trials

Cellceutix Corporation (CTIX)
Cellceutix Corporation has filed its Investigational New Drug application with the FDA. Dana-Farber and Beth Israel Deaconess Medical Center will be hosting the clinical trials for Kevetrin, Cellceutix's novel cancer drug. Read more news and get a stock quote.

Diabetes Rate Growing Exponentially

According to the International Diabetes Federation, more than 500 million people will be diagnosed with diabetes in the next two decades, a more than 50 percent increase from today. Technologies are available presently to help manage the frequency, complications and costs associated with diabetes. Read the complete article to learn more.

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