Newsletter

July 13, 2016:  In a desperate attempt to salvage public interest in their stock, Growlife, Inc. (PHOT) yesterday filed a Form D with the SEC to register 6 million shares issued to pump-and-dump specialist, Midam Ventures, LLC. Owned by Jason Spatafora, Midam is known for it's current pumps of Oxis International (OXIS), Life Clips, Inc. (LCLP) and IDDriven, Inc. (IDDR), as well as the disastrous (to investors) pump-and-dump of FBEC Worldwide (FBEC), whichjust happens to be controlled by Spatafora himself.

Spatafora is well-known for the obscenity-laced tirades he tweeted during his tenure as "The Wolf of Weed Street" in support of whatever stock ticker--usually a marijuana play-- he was trading at the time. Sellers were often referred to as "f***ing a**holes as was anyone who came up against him or the management of any company that did not make him look good. Spatafora was so successful at getting his followers to buy whatever piece of crap he was pushing, that the scum that runs the penny stock world began to pay him for his efforts. "The Wolf of Weed Street" Twitter handle has since become "Marijuana Stocks" which is also the name of one of the many email newsletters under which Spatafora promotes.

Spitafora, was once a great fan of PHOT, or...