Las Vegas, NV -- (SBWIRE) -- 01/24/2013 -- Growlife Inc (OTC:PHOT) has recently announced that their stock is now qualified by DTC for electronic clearing and trading. DTC is a Subsidiary unit of DTCC, Depository Trust & Clearing Corporation. DTCC deals with the settlement of stock of publicly trading companies on electronic equipment. If the company qualify for DTC, it becomes more convenient to sell share as the process of exchange of money and stock receipt take place quickly and efficiently.
The company is hopeful with this achievement. They believe that their shareholders will now take benefit from quick execution as trading will be electronically. Beside that their company will be attracting new investors as well who were previously unable to trade in Growlife Inc.
Growlife is based in California and is engage in development and marketing of horticulture product for indoor gardening industry. They have diverse range of products rang including LEDs for growing plants, wireless monitoring system, plant growing system, nutrients etc that are being sold directly and online across United States and Canada.
To find out what OTCMAGIC projects for Growlife, Inc for both short term and long term please click here: PHOT
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