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Signal Bay Reports Record Revenues for October

November 17, 2016 09:45 ET | Source: Signal Bay Inc.
Las Vegas, Nevada, Nov. 17, 2016 (GLOBE NEWSWIRE) -- Signal Bay, Inc. (OTCQB: SGBY) the market leader in cannabis quality control testing and laboratory services announced today that the company achieved record sales growth for the month of October, 2016.

CEO William Waldrop stated, "Operating within the new Oregon regulatory environment which commenced October 1, 2016, EVIO Labs has seen a tremendous increase in the number of accounts and variety of tests being processed across the board at all four of our Oregon cannabis testing laboratories. The growth has been incredible and I personally could not be more proud of our team for the way they’ve stepped up to meet demand. For the month of October, the company generated over $198,000 in revenue.” These revenue numbers are preliminary and have not yet been audited or reported in accordance with GAAP standards.