Planning for the project has commenced over the past 30 days, and an LOI has been executed by GrowLife and Strategic Global Investments with formal documentation planned by 4/30/13 with a deposit to Strategic Global Investments for GrowLife Studios: San Diego, and the announcement of additional partners.
"After meeting with Mr. Fellner in early March and reviewing the potential space for GrowLife Studios: San Diego, as well as the technical capabilities of the Wazillo Media team – we are confident that this project has considerable upside for GrowLife revenue and our brand penetration," stated Sterling Scott, CEO & Chairman of GrowLife. "San Diego is a hub for the medical marijuana community, especially for public companies. I can foresee how GrowLife and our industry benefit from this dynamic project."
About GrowLife, Inc. (OTCQB:PHOT)
GrowLife, Inc. is an integrated lifestyle brand with key innovations and strategic business interests in the marijuana and medical marijuana industry. Information on GrowLife business units can be obtained by visiting their respective websites: Phototron ( www.Phototron.com ), Stealth Grow LED ( www.StealthGrow.com ), SG Sensors ( www.SGSensors.com ), Greners ( www.Greners.com ), or by visiting Urban Garden (Woodland Hills, CA). The GrowLife business strategy is to build through innovation, acquisition, and licensing in the marijuana and medical marijuana industries. GrowLife, Inc. (OTCQB: PHOT) does not manufacture or distribute Federally illicit substances.About Strategic Global Investments (Pink Sheets:STBV) Strategic Global Investments is a company engaged in providing its customers with various venues to reach their target audience with on demand programming or advertising through Wazillo.com and WazilloMedia.com. Strategic Global Investments is involved in the production of videos for customers and consumers permitting the use of the Company's state of the art studios to produce their own videos and the use of a website where subscribers can make available live, streaming video for their potential audience. The Company produces Internet content, taped video shows, in their state-of-the-art studios in San Diego, California, where the productions can be stored and replayed on Demand 24/7 through the Company's cutting edge Content Management System. For more information visit our website at: www.strategicglobalinvestments.com . Cautionary Language Concerning Forward-Looking Statements