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Growlife, Inc. opened on October 23rd, at 0.09 which is just one cent higher than the previous close of 0.08. Throughout the day the stock has risen only as high as 0.0950 and went as low as 0.0770. Over the past 52 weeks however, the stock has gone up as high as 0.12 and as low as 0.01. The Company currently has a volume of 19,494,899 with an average three month volume of 8,550,090.
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On October 11, 2013, Growlife, Inc. signed a Conversion, Warrant Exercise and Note Retirement Agreement whereby both the Company and the Holder agreed to convert the $280,000 OID Note entered into on May 1, 2013 by and between the Company and the Holder, into 8,000,000 shares of the Company’s common stock. This equates to $0.35 per share and per the terms of the Note, the Company was obligated to repay the entire $280,000 on or before October 31, 2013. The repayment of the Note has be satisfied in full.
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