Phototron Holdings, Inc. (OTCBB:PHOT), a leading technology supplier to the hydroponic growing industry, today announced the formation of a new business unit to enhance its commitment to “Live to Grow, Grow to Live.” GrowLife Productions, Inc. will focus on business opportunities in the entertainment and lifestyle market surrounding the medicinal cannabis industry.
Phototron Holdings may be best known for its portfolio of home gardening technologies, but it’s also building a strong position in the medicinal marijuana industry. With co-sponsorships of major industry entertainment events, select celebrity associations, and high tech equipment brands, the company aims to foster a growing community around its products. GrowLife Productions will also head up the company’s mobile and Facebook gaming activities, as it relates to our industry.
“As a company we are uniquely positioned to participate in the lifestyle and culture of an industry that sees genuine value in medicinal marijuana products,” said Sterling Scott, CEO of Phototron Holdings, Inc. “We expect our GrowLife Productions business unit to immediately contribute to the industry and drive significant revenue enhancement and profit opportunities for our company. The investment community can expect more detailed announcements and further definition of focus of GrowLife Productions throughout the balance of 2012.”
About Phototron Holdings, Inc.Phototron Holdings, Inc. ( PHOT) is a progressive company with core holdings in innovative technology based products and services for home gardening specialty markets including Stealth Grow LED brand LED grow lights and the Phototron single plant systems and accessories. For more information visit www.stealthgrow.com and www.phototron.com. For comprehensive investor relations material please follow the appropriate link: Investor Presentation - www.trilogy-capital.com/content/phot/phot_deck.pdfInvestor Portal - http://trilogy-capital.com/autoir/phot_autoir.htmlFact Sheet - http://www.trilogy-capital.com/content/phot/phot_ifs.pdf Forward-Looking Statements Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently unreliable and actual results may differ materially. Examples of forward looking statements in this release include statements regarding the potential growth and advantages arising from the Merger, and anticipated operating results. Factors which could cause actual results to differ materially from these forward-looking statements include such factors as the parties' ability to close the transaction, the parties' ability to accomplish their respective business initiatives, Phototron's ability to achieve and expand significant levels of revenues, or recognize net income, from the sale of its products and services, as well as the introduction of competing products, and other information that may be detailed from time to time in Phototron's filings with the United States Securities and Exchange Commission. Phototron undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.