Growlife Inc (OTC:PHOT) Progressing on Acquisition Process

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Las Vegas, NV -- (SBWIRE) -- 04/26/2013 -- Growlife Inc (OTC:PHOT) declared that acquisition of the combined operations of Rocky Mountain Hydroponics, LLC., Evergreen Garden Centers, LLC and 58Hydro.com is in progress. The company gained financing commitments for the acquisition pending.

Growlife Inc considers that it stands responsible for adjusting revenue management in the Annual Report that does not indicate acquisition and addition in revenues as a result.

CEO of the company Sterling Scott said that management is pleased with the Gemini Funding team and support the financial commitments to the company.

GrowLife, Inc formerly Phototron Holdings, Inc. is a business that manufactures and sells Phototron Units, horticultural seeds, nutrient solutions and germination supplies. The Company merged with PHI Merger Corporation and since then the mergers have continued. The company now distributes its products itself to the retailers.

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