I think the tax deductions are holding many back from US markets because you can’t deduct ANYTHING from federal taxes. So you pay taxes on total revenue.

Is there a chart for pesticide accredited labs in California? Does that exist yet?

We definitely need our share reduction. Then the increasing revenues starting in January with law changes (although not timely for harvest season) but gives time to get dialed in and set up. I’m thinking we are still a year away for real growth by time oct-dec 2018 revs are reported feb 2019 even with the amount of labs we have now (although 18 sounds twice as good) I think that’s when share price and reputation will really break out.

Didn’t want to use those forbidden words!

Volume so high price going no where ?

Well I guess in that case brand recognition, experience, and being reputable make a huge difference. Hopefully Evio gets there it’s only been one year and those things deff take time.

Is there anyway to compare their market cap to Evio? How many labs/revenue do they have vs. shares? If their market cap is 75mill then we are significantly under valued.

I own a small gourmet breakfast/brunch restaurant. Based on percentages and paying employees well about 33-35% on the high end and goal is 29% depending on the time of year/volume. Food cost is about 29% average and could be as low 25% with more labor intensive made from scratch or to order dishes and up to 33% on drop in the fryer type food. Expensive are subjective to location and square foot. I would say typical profits after advertising budgeting and up fit is usually about 20%. But with a $6 cover charge that adds an extra 30% profit margin on a normally $12 ticket of say a $10 dish and $5 alcoholic drink.

From my personal experience, although not a publicly traded company, basically ALL financiers want a year of revenue and usually require two years for many reasons. So we now have just reached a year and can provide quarterly growth and a year over year growth for Q1 come January. I think that is when we have optimal timing to acquire a traditional loan with interest. With a start up company many investors would want equity and probably too much based on an evaluation. They need pesticide certification to put them in black which would make them less risky and give better rates. My guess is we may have some deals worked out with some contingencies after a full year of revenue and quarter of year over year growth and pesticide testing certification and obviously waiting for the laws to go into effect making the investment less risky as well for financiers.

I just left Denver last week. Try the medicine man tour if you have time. It’s only about 45min for grow tour and they have a dispensary tour which I didn’t do but that’s like an additional hour or something. They are completely pesticide free in Colorado from my understand after this tour. I did a Friday morning tour and it was the owner, he said he occasionally does only Friday morning tours which definitely seemed to be a benefit for questions and thoroughness. We went to a few different dispensaries and the nicer franchise ones don’t seem to be as knowledgable as the smaller mom and pops ones. After that grow tour I felt that there is a huge market for grow3 in the near future if the grow rooms are large enough and price be justified and there aren’t any health side effects or risks.

Went on a "medicine man" grow tour in Denver today. They said it is very strict on pesticides. They use the traditional methods like milk and essential oils, sticky traps. The grozone product seems to have a future from my experience today.

Went to a "medicine man" grow tour in Denver today asked about pesticide and other testing. He said they come in and test each strain quarterly. Will look into Colorado testing laws later tonight unless someone else can find link before then. Doesn't seem like too much revenue.

Appreciate the reply I don't have private messaging. But thanks!

Any reply concerning pesticide certification?

Agree with both your posts. I think it's mind boggling to everyone how it's this low. It was just a little late if you bought in after last summer and alittle early buying in before the market starts to exist and bring revenue (still another 3 months then 3 months and 45 days until filing shows that, May 15th ish). But beyond that this should flourish, IMO. Hopefully next Monday starts the catalyst with pesticide equipment being certified and then expansions into law change and creation of market in cali into S Cali lab build out finish. There's a lot in pipeline it's just alittle premature.

Also the downside to cultivation is they pay so many taxes without having deductions for ANYTHING. How is there anything left?

Do you know what those shares were sold to them at?

Thanks ford

Does anyone know if yuba city is accredited for pesticides? Colorado?

It's only 2 more trading days. Says October 3rd.

Hopeful that with next weeks ticker change and official share reduction there will be some interest brought back and possible updates on fiscal year ending revenue.

Thought there had to be something against it or it would definitely be promoted more. Thanks.

In theory that could work if there were enough people and it was super organized. Person 1 buys at $1 sells at $1.10 buys at $1.11 (from person 2 selling) he rebuys at $1.12 from person 3 who sold and they rebuy at $1.13 from person 1 who re buys at $1.14. The cycle repeats. Margins would increase with more people. They'd all have to buy/sell same amount of shares. But that doesn't take into dilution/dumping or cash outs but would work with low float and low volume.

Never mind just saw you said conference call. I will look for that. Thanks.

I looked for a link providing the effective date of prop 64/recreational cannabis and can't find anything other than January. I checked the last time this was brought up on this board too. There aren't many recent articles on the subject. Do you know where I can confirm this?

Was there any info on if/when the build out for Costa Mesa started, if the equipment was ordered, or when they plan be open the hub? Will they wait for a spoke or two? My question/concern is if the new equipment is taking this long to be accredited in Oregon. It could be over 6 months from build out finish to be generating revenue?

Didn't think of that but definitely makes sense and I like it ???? I read that yesterday but completely over looked that.

I'm counting any growth in comparison to what it cost. These are still valuable as growth. Less upside but also significantly less downside with no dilution. I'm ok with a mix of growth, not the extreme of either. Especially these licensing deals where the market is smaller/under developed. Save the dilution and capital for California and rec states that will have a bigger and safer business investment. Basically I'm not gonna put the few chips I have in a state that isn't dominate or immediate return but a license deal in those states works for me. And if that's how we acquire the hundreds or thousands of mom and pops that can't afford to comply with the new regulations, within a year there could be hundreds taking on the evio brand with little downside and capital. That's the name of the game. Growth based on value/calculated risk and return.

Also it appears there is another one on the way in Gainesville..

https://www.cannabisindustryjournal.com/feature_article/evio-labs-expands-to-florida/

Isn't it true cannabis cultivation companies cannot deduct those assets from their bottom line (they pay taxes on total revenue) because it is illegal at a federal level. Hence most are cash businesses that can't be deposited into banks. That may be why their assets aren't recognized? Just a thought.

From filings ..

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127837763

What would his involvement be? The extreme toxic lender? .. if what's going on at sunset is true he's getting a direct side deal. How would he benefit here?

Agreed. This business will flourish, just a matter of when and how much dilution will it take. I will continue to accumulate knowing it's costing me (as a owner, that's what shares are) to grow my business for the return in the future. Not happy about losing value now because of dilution but it's better (in my opinion) than failing as business and not being able to compete with other companies and the market share in the future (when the laws change). I want to be the house known brand when everyone needs to test. Being ahead of the game has a price/sacrifice but it sure pays off if executed.

How can their not be month to month gains with the expansion? In my opinion it's the cost to acquire the amount of gains isn't completely justified right now until the laws change. The is level one of start up business that most people want to avoid and the reason most don't opening up their own businesses (slightly different being private company) because for the first few years the company keeps all the money to build the necessary tools, team, and locations to become profitable easily. This is step one market share. Spending a lot of money and not making a lot of money. The evaluation of the company is significantly less than what they are setting up for when the laws change and that's when the price will reflect that. When the debt/dilution is managed better and the amount of market share puts them cash flow positive enough to expand with their own money (which the second part is a long ways away with how rapidly they'll need to expand to get market share) I'm long here I just understand the amount of time and money it takes to start up and grow a business from nothing and from 1 year ago they've done an excellent job. I look forward to a positive 2018 but wish I waited until now to buy in or even closer to January, which is when I expect an upward trend to start. For now I'm content (not happy) with a sacrifice of doing what needs to be done to be a nation wide leader in the future.

The main reason is dilution.. the cost of expanding without capital. More shares = more owners. The shares get dumped on the market for significantly more than the price the lender paid for them guaranteeing profit for the capital investor so when they sell hundreds of thousands of shares into the market and the volume isn't there to balance it results in a down trend. Once dilution is done from the initial start up to get cash flow positive it should be all up from there but I believe many are staying away until dilution is over as that's the safest and guaranteed way to not lose value of shares.

http://www.thecannifornian.com/cannabis-news/politics/state-lays-proposed-rules-cannabis-testing-california/

I noticed that too and checked their website says coming soon or something like that.

Didn't require any dilution so that's beneficial.

Agree I'm just translating my opinion from what I read. I think it's better to own than franchise to build the brand. But not sure how they would benefit unless Colorado laws are getting stricter on testing which I am unaware of. I was just wondering if that was what others were gathering, that they bought a bankrupt lab.