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Filing Details

Accession Number:: 0001548026-14-000002
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-10-15 17:08:06
Reporting Period:: 2014-10-09

Filing Date:: 2014-10-15
Accepted Time:: 2014-10-15 17:08:06
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1161582	Growlife Inc.	PHOT	Glass Products, Made Of Purchased Glass (3231)	900821083

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1548026	C. Sterling Scott	2315 Georgia Village Way Silver Spring MD 20902		No	No	No	Yes

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2014-10-09	2,446,900	$0.05	48,599,499	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Footnotes

Footnote (1) will be divided into (A) and (B) - (A) Excludes the Note, the Jordan Note, and the Andrew Note (each as hereinafter defined). On September 10, 2014, Sterling Scott sold his entire interest in that certain 6% Senior Secured Convertible Note (the "Note") to Jordan Wedam Scott ("Jordan") and Andrew J. Gentile ("Andrew") in a private transaction for $413,680, which Note was originally issued by GrowLife, Inc., a Delaware corporation (formerly known as Phototron Holdings, Inc.) (the "Company") on April 5, 2012, to Mr. Scott. As of September 10, 2014, the Note and all accrued and unpaid interest on the Note was convertible into 68,247,565 shares of common stock of the Company. Jordan is Sterling Scott's independent adult son.
Footnote 1 (B) - There is no family or other relationship between Andrew and Sterling Scott. As a result of that sale, the Note was split up so that in its place GrowLife issued to (i) Jordan a new 6% Senior Secured Convertible Note in the principal amount of $263,680 with the original issue date of March 16, 2013, amended September 10, 2014 (the "Jordan Note"), and (ii) Andrew a new 6% Senior Secured Convertible Note in the principal amount of $150,000 with the original issue date of March 16, 2013, amended September 10, 2014 (the "Andrew Note"). As a result of that transaction, Sterling Scott holds -0- derivate securities in the Company.
Footnote (2) - Following the transaction, Sterling Scott still beneficially owns 48,599,499 shares of common stock, of which Sterling Scott's wife owns 1,598,981 shares, representing 5.1% of the outstanding stock of the Company.