This 13-minute public video discusses the pending shareholder vote on Friday by GrowLife Shareholders to raise the Authorized Shares to 3 billion from 1 billion. Here is what is covered:

• What is the meaning of Authorized Shares, Outstanding Shares and the Float?
• Why is PHOT doing this?
• What will happen to the O/S?
• Will the price fall if the A/S increases?
• How can I learn more?

If you haven't read the proxy, which describes the vote and provides management's rationale, click here:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9700106

Bottom-line:  There is too much concern about the increase in the A/S.  Like Rob Hunt said on our webinar on 12/16, dilution can be compared to cholesterol:  There is good cholesterol and bad cholesterol.  In this case, I expect that management, which has a large equity exposure, will be wise in how it uses shares to build the business.  Vote yes for a 2015 potential move to the NASDAQ.  Vote no if you are happy with a penny stock forever.