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G.I.F.T TRANSACTION WITH CMMS, INC.	3 Months Ended
Mar. 31, 2014
Notes to Financial Statements
G.I.F.T TRANSACTION WITH CMMS, INC.	NOTE 6 – G.I.F.T TRANSACTION WITH CMMS, INC. On January 31, 2014, the Company signed its first GrowLife Infrastructure Financing Transaction (G.I.F.T.) with CMMS, Inc. (“CMMS”), an Aspen, Colorado based medicinal cannabis company. Per the terms of the G.I.F.T. agreement, the Company has agreed to finance $280,000 of equipment, to be purchased from the Company, over a term of 5.5 years (66 months), with monthly payments in the amount of $6,878 beginning in month seven and ending in month sixty-six. This G.I.F.T. agreement was personally guaranteed by the President of CMMS. As of this filing, this transaction has not been effected, as the Company has not provided any financing to CMMS nor has the Company supplied CMMS with any product.

G.I.F.T TRANSACTION WITH CMMS, INC.

3 Months Ended

Mar. 31, 2014

NOTE 6 – G.I.F.T TRANSACTION WITH CMMS, INC.

On January 31, 2014, the Company signed its first GrowLife Infrastructure Financing Transaction (G.I.F.T.) with CMMS, Inc. (“CMMS”), an Aspen, Colorado based medicinal cannabis company. Per the terms of the G.I.F.T. agreement, the Company has agreed to finance $280,000 of equipment, to be purchased from the Company, over a term of 5.5 years (66 months), with monthly payments in the amount of $6,878 beginning in month seven and ending in month sixty-six. This G.I.F.T. agreement was personally guaranteed by the President of CMMS.

As of this filing, this transaction has not been effected, as the Company has not provided any financing to CMMS nor has the Company supplied CMMS with any product.