Seeking Alpha

Growlife finance chief bids adieu

  • Growlife (OTC:PHOT +12.5%) CFO John Genesi resigns. Under the terms of his Severance Agreement, the company issues him 6M shares of restricted common stock, pays him a cash severance equal to six months' compensation and provides health insurance benefits for six months.
  • Former CEO Sterling Scott left in May.
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Comments (17)
  • sergioalfa
    , contributor
    Comments (24) | Send Message
     
    given the Financial structure he gave to PHOT, it seems a great news
    18 Jul, 04:48 PM Reply Like
  • critterlitter
    , contributor
    Comments (419) | Send Message
     
    He certainly didn't help me any. Toodles --- don't let the door hit you on the way out...
    18 Jul, 04:54 PM Reply Like
  • kjp25
    , contributor
    Comments (15) | Send Message
     
    You took the words right off my keyboard. Good riddance to the SOB.
    18 Jul, 08:14 PM Reply Like
  • fidelissemper
    , contributor
    Comments (193) | Send Message
     
    Good riddance ...although he sure as F doesn't deserve that severance package but out with old and in with the new I guess...will they ever get their mojo back? we shall see...
    18 Jul, 05:37 PM Reply Like
  • tosave
    , contributor
    Comments (11) | Send Message
     
    I think the mojo will return with Fed declassifying pot from schedule 1. God knows when... but I did read this today on reddit.
    http://bit.ly/1qlxPvr
    http://bit.ly/1mkAKMy
    18 Jul, 08:17 PM Reply Like
  • Bfishergr
    , contributor
    Comments (9) | Send Message
     
    What a shame. So many people invested in this company only to see the officers get rich on departure.
    18 Jul, 06:26 PM Reply Like
  • Tri Duong
    , contributor
    Comments (1497) | Send Message
     
    That's pocket change compared to what lenders got. You should check out who their lenders are and their relations. They pretty much won the Megamillions jackpot and still winning for a few more quarters.
    21 Jul, 09:59 AM Reply Like
  • mllewis33
    , contributor
    Comments (2) | Send Message
     
    What???? Were do I find that information????✴
    27 Nov, 11:11 PM Reply Like
  • belgium
    , contributor
    Comments (1082) | Send Message
     
    http://bloom.bg/1vmfkYv

     

    http://bit.ly/1HKRhaH
    28 Nov, 08:33 AM Reply Like
  • jman66
    , contributor
    Comments (16) | Send Message
     
    Clean house first and then rebuild into a reputable organization.
    18 Jul, 09:04 PM Reply Like
  • trabob
    , contributor
    Comments (887) | Send Message
     
    The quicksand keeps on sucking, thanks SEC, now you can save some more investors from their money
    18 Jul, 11:23 PM Reply Like
  • pstock44
    , contributor
    Comments (2) | Send Message
     
    Almost sold everything @.78,held on because I believed in this company...I am holding on...
    19 Jul, 04:10 AM Reply Like
  • pstock44
    , contributor
    Comments (2) | Send Message
     
    Almost sold @.78...believed in this company...now I am hanging on for that "turn around"...
    19 Jul, 04:10 AM Reply Like
  • mgking_@hotmail.com
    , contributor
    Comments (74) | Send Message
     
    question to everyone, do you think Growlife will be able to wade through all the morass and actually get off the grey list? more so, has any information been posted as to whether Growlife is doing so? I have been searching, but other than opinions, I wonder if I have missed something.
    19 Jul, 09:01 PM Reply Like
  • mllewis33
    , contributor
    Comments (2) | Send Message
     
    This company will make it!!!! Just watch and see!!
    27 Nov, 11:10 PM Reply Like
  • ytoossi
    , contributor
    Comments (14) | Send Message
     
    Who is coming to take the place of the CEO and CFO?
    19 Jul, 11:57 PM Reply Like
  • trabob
    , contributor
    Comments (887) | Send Message
     
    only way I see to make any money off this stock would be to buy up the remaining stock and build a company (or another scam) as they already have an audience
    1 Dec, 01:06 PM Reply Like
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