EVIO Inc (EVIO)

[kevinbe1]

Looks like the Pesticide testing gear didn't come online in the quarter, this drove our cost of revenue out of the stratosphere again... and also resulted in lost revenue for testing pesticides from other labs as well.

The conversion of notes is as expected as we have watched cdel and other liquidate shares...

Overall.. not a total shock, just a bit of a bummer. Would love to hear/see anything from Oregon on the certification of the labs for testing pesticides... Anyone have that lab certification chart by Orlap handy? That will be the real driver of sharply higher margins for the meantime when we see Evios labs certified to test pesticides in California and Oregon. Right now, we collect and then pay another lab retail rate to do those tests...