| PHOT Stock | | | USD 0.0001 0.00 0.00% |
President
Mr. Joseph Bames is Executive VicePresident of Sales and Marketing of the company. he was President, Senior Vice President of Business Development of the Company. Mr. Barnes was appointed Senior Vice President of Business Development for GrowLife, Inc. on October 10, 2014. Mr. Barnes works from our Avon, Colorado store. Mr. Barnes joined GrowLife in 2010 and is responsible for all national sales operations including direct sales, retail and ecommerce. He led the sales team that recorded sales in 2014 of more than 8 million, a 100 percent increase from the previous year since 2019.
| Age | 51 |
| Tenure | 5 years |
| Phone | 866 781 5559 |
| Web | https://www.growlifeinc.com |
Barnes made the progressive and entrepreneurial decision to work with GrowLife after seeing the agricultural benefits of indoor growing. He is deeply passionate about clean and sustainable grows, and has deep relationships with many trusted cultivators. He holds extensive knowledge of indoor growing methods with concentrating on maximizing the yields for clean and healthy crops. Barnes was a highly regarded snowboard instructor in Vail, Colorado prior to joining GrowLife. He worked with many top snowboard professionals, and received a Level 1 certification from American Association Snowboard Instructors . Before his days on the slopes, Barnes was also a recruiting manager focusing on placing senior executives with international pharmaceutical/biotech companies. He also owned and operated Chrome Night Life Arena, a 20, 000 square foot indoor/outdoor venue based in Philadelphia with more than 65 employees.
Growlife Management Efficiency
The company has return on total asset
(ROA) of
(0.5122) % which means that it has lost $0.5122 on every $100 spent on assets. This is way below average. Growlife's management efficiency ratios could be used to measure how well Growlife manages its routine affairs as well as how well it operates its assets and liabilities.
Growlife currently holds 4.52
M in liabilities. Growlife has a current ratio of 0.13, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Growlife until it has trouble settling it off, either with new capital or with free cash flow. So, Growlife's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Growlife sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Growlife to invest in growth at high rates of return. When we think about Growlife's use of debt, we should always consider it together with cash and equity.
GrowLife, Inc. operates in the plant cultivation equipment supply and consulting business. The company was founded in 2012 and is headquartered in Kirkland, Washington. Growlife operates under Industrial Distribution classification in the United States and is traded on OTC Exchange. It employs 14 people. Growlife [PHOT] is a
Pink Sheet which is traded between brokers as part of OTC trading.
Management Performance
Growlife Leadership Team
Elected by the shareholders, the Growlife's board of directors comprises two types of representatives: Growlife inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Growlife. The board's role is to monitor Growlife's management team and ensure that shareholders' interests are well served. Growlife's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Growlife's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Joseph Barnes, Senior Vice President | |
| Thomas Kozik, Chairman Sec | |
| Kara Knell, CoFounder | |
| Will Scott, VP Admin | |
| David Dohrmann, Pres CEO | |
| Jim Pare, CoFounder officer | |
| Foday Dean, Co Controller | |
| William Blackburn, President - Product Development Division | |
| Brandon Parham, Chief Horticulturist | |
| Kelly Wilson, VP Operations | |
Growlife Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Growlife a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Additional Tools for Growlife Pink Sheet Analysis
When running Growlife's price analysis, check to
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