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Micro-Cap Stock of the Day; Phototron Holdings Inc. (PHOT)

Shares of Phototron Holdings Inc. (OTC: PHOT), a leading supplier of technology to the hydroponic growing industry, saw a huge rally in trading on Thursday.

PHOT ended the day 34% higher at $0.0670 on above average volume of 2.84 million. The stock touched an intra-day high of $0.07 on Thursday.

Phototron Holdings shares surged on Thursday after the company announced that it formed a subsidiary to benefit from the opportunities in the entertainment and lifestyle market surrounding the medical cannabis industry.

GrowLife Productions Inc., PHOT’s new subsidiary, enhances the company’s commitment to “Live to Grow, Grow to Live.”

Sterling Scott, CEO of Phototron Holdings, said that as a company, PHOT is uniquely positioned to participate in the lifestyle and culture of an industry that sees genuine value in medicinal marijuana products. Scott said that PHOT expects its GrowLife Productions business unit to immediately contribute to the industry and drive significant revenue enhancement and profit opportunities for the company.


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