Business & Finance
Business and Finance
Business and Finance
Wed, August 31, 2011 Phototron Holdings, Inc. Announces Consumer Financing Program for PHOTOTRON Indoor Grow System
WOODLAND HILLS, Calif.--([ BUSINESS WIRE ])--Phototron Holdings, Inc. (OTCBB:PHOT) (OTCQB:PHOT), the designer, manufacturer and seller of the innovative PHOTOTRON Hydroponic Indoor Grow System, today announced it has made purchase financing available to its PHOTOTRON customers.
"In order to help spur growth of our innovative PHOTOTRON indoor gardening system, we are pleased to announce that consumer financing is now available"
"In order to help spur growth of our innovative PHOTOTRON indoor gardening system, we are pleased to announce that consumer financing is now available," said Doug Braun, Phototrona™s President and CEO. "We recognize that there are individuals who could benefit from financial assistance in the purchase of the PHOTOTRON and this new program provides the perfect solution. With as little as $100 down and payments that can be as low as $35 a month, an individual could grow their own vegetables, fruits and herbs in an eco-friendly manner that is quick and easy to use."
The financing program is available to customers who qualify through a third party credit provider. Minimum down payments range from $100 to $150, depending on the unit purchased. Customers who are interested in financing their Phototron are encouraged to fill out an application through an Affiliate who can be found online at [ www.growlifeinc.com ].
"Not only is this great for home-grown produce, the financing also provides an even more affordable option for those individuals who desire to grow medical marijuana in the privacy and safety of their own homes," said Craig Ellins, Chairman of Phototron. "In the increasing number of regions that have legalized its use, medicinal marijuana patients will now be able to ensure the quality of their medicine by purchasing a PHOTOTRON with relatively little down and start saving on their monthly health-related costs."
Phototron is implementing various corporate growth initiatives in 2011 and is committed to further establishing itself as a global leader in the sale of indoor mini-greenhouses and supplementary accessories. In addition to Phototrona™s proprietary lighting that mimics the sun's rays to grow nutrient-rich, pesticide-free, eco-friendly crops faster than those of traditional gardening methods, the company has also developed its patent-pending ECO-Brain, which represents the next generation of advanced home hydroponic systems. Phototron will continue to develop its proprietary technology and nutrients while expanding its global reach through a series of organic growth opportunities and marketing advancements.
About Phototron Holdings, Inc.
Phototron Holdings, Inc. (OTCQB: PHOT) designs and manufactures cutting-edge indoor mini-greenhouses capable of growing herbs, vegetables, flowers, fruits and terrestrial plants stronger and faster than traditional farming methods. The PHOTOTRON Hydroponic Indoor Grow System is the result of decades of research into the precise temperature, light, water and nutrient needs of plants, and allows for indoor gardening 12 months of the year. The PHOTOTRON System uses proprietary lighting that mimics the sun's rays to grow nutrient-rich, pesticide-free, eco-friendly crops faster and in more bountiful quantities than those of traditional gardening methods, resulting in fruits and vegetables of superior taste and quality. PHOTOTRON systems and accessories are available for purchase from the Companya™s MLM network marketing affiliates. Phototron supports the sale and use of its products to the home medical marijuana market where compliant with applicable laws. Phototron also supplies a full range of parts, accessories, advanced nutrients and innovative gardening tools and supplies to more than 50,000 customers. For more information, please visit: [ www.phototron.com ] and click on Phototron Holdings, Inc.
For comprehensive investor relations material, including fact sheets, presentations conference calls and video, please follow the appropriate link: [ Investor Presentation ], [ Investor Portal ] and [ Investor Fact Sheet ].
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 news release include statements regarding the payment of dividends, marketing and distribution plans, development activities and anticipated operating results. Factors which could cause actual results to differ materially from these forward-looking statements include such factors as the Company's ability to accomplish its business initiatives, significant fluctuations in marketing expenses and 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, or management's ability to attract and maintain qualified personnel necessary for the development and commercialization of its planned products, and other information that may be detailed from time to time in the Company's filings with the United States Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
