is...doing as little as possible
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The fiscal year is not changing. It remains 9/30, according to a direct email reply from WW to me this morning...
No change in EVIO's fiscal year! Fresh from Waldrop himself...
No, nothing has changed. Our fiscal year is still 09/30.
William Waldrop
CEO
Signal Bay, Inc. (OTCQB: SGBY)
702-343-7470
On Oct 4, 2017, at 6:04 AM, Coinsguy wrote:
Thanks, Will. One last thing, in the amended articles of incorporation there is a section entitled “ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR”. However, I do not see any actual mention of the company’s fiscal year changing. Has it changed and if so, to what, and in what filings is this detailed?
Coinsguy
EVIO, Inc. (EVIO) Engages NetworkNewsWire for Corporate Communications Solutions
NEW YORK, NY--(Marketwired - Oct 4, 2017) - EVIO, Inc. (OTCQB: EVIO), the nation's leading provider of analytical laboratory cannabis testing, research and advisory services, announces that it has engaged the corporate communications expertise of NetworkNewsWire ("NNW").
"In the last 18 months we have made considerable strides in our mission to expand our operations and strengthen corporate value," says William Waldrop, CEO of EVIO. "As we continue to execute our long-term and short-term goals, we look forward to working with NNW to streamline and enhance our corporate communications and keep shareholders abreast of our progress."
NNW is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. NNW's strategies help public and private organizations find their voice and build market visibility. As part of the Client-Partner relationship with EVIO, NNW will leverage its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs, and other outreach tools to generate greater brand awareness for the Company.
"We are excited to join EVIO at this stage of their growth strategy, and will fully utilize our distribution and communications resources to help the company achieve its communication and overarching corporate objectives," states Sherri Franklin, director of Content Marketing for NNW.
No change in EVIO's fiscal year!
Fresh from Waldrop himself...
No, nothing has changed. Our fiscal year is still 09/30.
William Waldrop
CEO
Signal Bay, Inc. (OTCQB: SGBY)
702-343-7470
On Oct 4, 2017, at 6:04 AM, Coinsguy wrote:
Thanks, Will. One last thing, in the amended articles of incorporation there is a section entitled “ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR”. However, I do not see any actual mention of the company’s fiscal year changing. Has it changed and if so, to what, and in what filings is this detailed?
Coinsguy
Although a change in fiscal year was mentioned in the title "ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR", there was no actual mention of this changing in that section. As far as I know, there has been no change in EVIO's fiscal year.
I don't understand why you are so down on EVIO. This company has accomplished extraordinary things in a short span of time. There will be much more coming during the rest of the year. Once the new equipment is certified, it will be off to the races.
Message from Will Waldrop:
Coinsguy,
We thank you for your continued support. Don’t worry we aren’t stopping to smell the roses with this one milestone.
You know I can’t speak of upcoming events and timing of communications.
In regards to the accreditation of our pesticide equipment, no issues to speak of, as mentioned we are subject to government bureaucracy. They have their timelines and processes to follow. ORELAP has set a tentative date to come out to our location, once firmed up I will share next steps.
Regards,
Will
William Waldrop
Chief Executive Officer
EVIO, Inc. (OTCQB: EVIO)
From: Coinsguy
Sent: Tuesday, October 3, 2017 6:05 AM
To: William Waldrop
Subject: Congratulations!
Dear Will,
Congratulations! We are now officially EVIO, Inc with ticker symbol EVIO. It took a lot of hard work to get us to this point, and we all owe you a debt of gratitude for making this all happen. Now that the deed is done, we are hoping you will have a string of PRs or 8Ks to release that will propel the stock price upwards. Do you?
Although I had to sell two-thirds of my holdings before the reverse split, I have reacquired those shares and now own 5,000 shares (500,000 before the reverse split) and did so at a lower price than what I had sold them for!
I do have one concern though that I hope you will be able to address. Why is it taking so long for the testing machine to be certified? Have there been any problems with doing so? Most members of my investment group (now with 1000 members) believe that the share price will continue to suffer until that certification is complete, as the external testing takes such a huge chunk out of our profits. What is the latest on this equipment?
Sincerely,
Coinsguy
NITE is also frequently used by TDA
Tothe; that's hard to say. Although the 1864 two-cent piece was the most common of the years that it was produced (20 million were made), there are 2 versions of it, the large letter motto and the small letter motto. The small motto is the less common of the two types, and one of these coins can potentially fetch $200 or more depending on its condition. The 1943 steel and zinc pennies are a dime a dozen, literally.
Ford, that is not called a reverse split. A reverse split entails the reduction of outstanding shares according to some ratio i.e. 1 share for 100 shares. What is going to happen now is simply a reduction in the number of authorized shares and will have no impact on the outstanding shares. The reverse split has already come and gone at a ratio of 1:100. To call the reduction in authorized shares a reverse split is misleading, especially to noobs who hear reverse split and think there will be another reduction in outstanding shares coming and that is not the case. During the actual reverse split, there was also a reduction in authorized shares from 4 billion to 1 billion but now Waldrop will be further reducing that number from 1 billion to 110 million.
There is NOT another reverse split coming. There is simply a reduction in authorized shares AFTER the reverse split that just happened.
I added another 1.9K
They are not lies. The 8-K was referring to the latest quarterly report which ended July 31st and does not include the month of August. How many times do we have to remind you guys, that what was true for last quarter is no longer true? You seem to not grasp the fact that there is a vast difference between then and now.
That's about what I expected it to be. EVIO still needs the ability to grow through M&A and anything less than this would seriously restrict its ability to do so.
This is just heartbreaking watching EVIO dying on the vine.
de nada
Of course they had no revenue and a big operating loss. Who would expect otherwise since their first harvest was only this past August and that wouldn't show up until the yearly financials are released? Using the obvious to defame the company is not a valid argument. Also, I expect the tour to actually have a positive effect on the pps as tourist explain what they have seen and share pictures and/or videos with us. In addition, the dividends are already known and had been taken into account of the current pps. So it seems that the only issue that your post might legitimately make note of is the "S-1 sales at $0.10 kick in again" and even that is not a given.
EVIO Labs to Dramatically Reduce Authorized Shares
9/15/17, 7:00 AM
Bend, OR, Sept. 15, 2017 (GLOBE NEWSWIRE) -- EVIO, Inc. (OTCQB: SGBYD) a life sciences company and the nation’s leading provider of analytical laboratory cannabis testing, research and advisory services, is pleased to announce today that the company has successfully negotiated final approval with its lenders to reduce the required share reserves on its outstanding notes and is notifying shareholders that the CEO will now commence the procedure, as authorized by the Board of Directors, to finalize the reduction of the company’s outstanding authorized shares.
"After successful negotiations with our note holders we have completed another important milestone. Today we are following through on the commitment that I made to our shareholders during our recent conference call, to complete the process of the recently enacted 1:100 reverse stock split. Our lenders have already submitted their formal requests to our transfer agent to reduce their existing reserves and the Company is now commencing the process to formally reduce the authorized shares,” stated EVIO Inc. CEO William Waldrop.
Mr. Waldrop continued, “we anticipate that the process will be complete and ready for final announcement sometime next week. From a strategic planning standpoint, the company’s transition to a structure more familiar to equity investors at both the retail and institutional levels, a structure that we believe will better reflect our market potential to realize shareholder value, is almost complete. Starting with our uplisting to the OTCQB last November 2016 thru our 1:100 share consolidation, corporate name and pending ticker change to EVIO last month, this successfully negotiated step completes the restructuring enabling our team to realize the ongoing conversations with investors to fund our next stage of development to expand into the fast-growing California cannabis testing market and opportunities in cannabis science research.
**We owe a great debt of gratitude to Ash for lighting a fire under Waldrop's butt for this PR**
Who all is planning to go to the tour this Saturday?
I have to agree with you. I know that might be disheartening, but I do. I believe the company has the potential for a great future but is doing a poor job of promoting itself which is holding it back. They truly do need to hire some professional PR and IR firms, that can get the story out to those currently on the outside, and to those already on the inside, of shareholder hood.
I sold two-thirds of my holdings before the r/s because I simply could not continue to watch my portfolio value decline day after day. I had most of my holdings in SGBY/EVIO at the time and since I am disabled and on a limited income, I depend on the profits from my day trading to help cover my huge medical bills each month. Watching my portfolio keep falling became more than a frustration, it was going to be a matter of life and death to me if I didn't staunch the flow of blood fast.
When I see EVIO is able to market it itself properly, and the stock is able to show a smooth upward trajectory, I will add to my holdings again but for now, I wait.
Another false claim!
The 2012 Jumpstart Our Business Startups Act (JOBS) was aimed at making it easier for small businesses to raise capital and, in turn, spur economic growth through job creation. ?Title III of the Act deals specifically with crowdfunding. In October 2015, the U.S. Securities and Exchange Commission (SEC) finalized some key provisions relating to permitting non-accredited investors to participate in this type of investment.
Equity investments may be attractive to non-accredited investors for a couple of reasons. First, there’s the potential for a solid return if the startup you’re investing in eventually has a successful IPO. Once the company goes public, you can then sell your equity shares and recover your initial investment, along with any profits. If you happen to luck out and invest in a startup that ends up being the next Google, the payoff could be huge.
Aside from that, equity crowdfunding doesn’t require a substantial amount of money to get started. Depending on how large the funding round is that a startup is seeking, you may be able to invest as little as $1,000. That effectively levels the playing field between accredited and non-accredited investors.
Remember when AB said the Series B shares were convertible? Well, they're not, according to today's 8K. I guess even the geniuses get it wrong sometimes, huh? Wonder what other pontifications are wrong? Any ideas?
Because WW is the current CEO of it and an investor. It is currently a speculation play.
Bitcoin is getting ready to hit $5,000 within the next few days. I would have been much better off investing in cryptocurrencies than stocks during the last year. Here are the current values and percentage increase over the last year:
Bitcoin $4,858.00 748.57%
Ethereum $394.66 3,156.27%
Litecoin $77.70 1,940.53%
I may just get out of stocks entirely and focus on cryptocurrencies instead!
http://www.ripoffreport.com/reports/420investorcom/internet/420investorcom-420investments-420-investor-alan-brochstein-cfa-alan-brochstein-invest4-1206745
and this:
http://www.ripoffreport.com/reports/420investments-420-investor-alan-brochstein-cfa-alan-brochstein-invest420-420investorcom-greenrushinvestorcom-cannabis-investing-stock-recommendations-medical-marijuana-stock-promotion-pump-dump/internet/420investments-420-investor-alan-brochstein-cfa-alan-brochstein-invest420-420investorc-1198555
Agreed. Surely he knows this board is filled with some of the best sleuths in the business, lol
Don't know if you guys use Instagram but you can find a wealth of information based on the comments about each individual photo and then discussions with individuals in reply. Start here: https://www.instagram.com/battlemountaingenetics/
well, Waldrop is lying when he says he is purely an investor and adviser. Here is data from otcmarkets that says otherwise:
Company Officers
William H. Waldrop Secretary, CEO
Gary L. Killoran President
Company Directors
William H. Waldrop Chairman
No, he cannot sell up to 1 billion shares because the difference between the post r/s float and the 1 billion authorized is locked-up in reserve for note conversion, should it happen. This reserve far exceeds the current conversion factor in order to ensure that if the pps falls dramatically, there will be enough shares in reserve to cover the notes.
You've already done your hack job on SIGO. Shouldn't you be out serving your membership and searching for good stocks to invest and finding other scams now? Seems to me you are doing them a disservice by focusing so much attention on SIGO after you already wrote your scathing article. Maybe you should be bringing more value to your members now.
whoa, dudes! Creepy.
why would they do that? They already owned 46 million common shares between them that they locked up for 3 years. They canceled those, converting them into the convertible preferred shares on a 1 preferred for 10 common bases. They already own the company. Why in the world would they want to spend more money buying back shares and canceling their preferred? You make no sense whatsoever.
Once again you prove you can't read an 8K and don't understand how corporations work, despite your claim to fame otherwise.
Steven, the r/s will be between 1:100 and 1:250, 1:25 is outside of that range. While similar to fractions and often written like them, ratios are not exactly equivalent when used in a range of values. If you wrote this in words it would be: for somewhere between every 100 to 250 shares, you will get one share. Not, for every 25 shares, you will get one share.
Lord have mercy! I don't know if my poor heart can handle much more...
It's power half hour, pps moving back up