Growlife Inc. (OTCMKTS:PHOT) Chairman Marco Hegyi purchased 4,000,000 shares of the business’s stock in a transaction on Wednesday, October 12th. The stock was purchased at an average cost of $0.01 per share, with a total value of $40,000.00. Following the completion of the acquisition, the chairman now owns 5,000,000 shares in the company, valued at $50,000. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Growlife Inc. (OTCMKTS:PHOT) opened at 0.0115 on Monday. The firm has a 50-day moving average of $0.01 and a 200 day moving average of $0.01. Growlife Inc. has a one year low of $0.00 and a one year high of $0.35.

Growlife Company Profile

GrowLife, Inc (GrowLife) provides goods, including media (farming soil), hydroponics equipment, organic plant nutrients, and various other products to specialty grow operations across the United States. The Company primarily sells through its subsidiary, GrowLife Hydroponics, Inc In addition to the promotion and sales of GrowLife owned brands, GrowLife distributes and sells over 3,000 products through its e-commerce distribution channel,, and through its regional retail storefronts.

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