EVIO Inc (EVIO)

[tothe]

No, you did not miss anything.
* The board is weighing the pros & cons of the R/S.
* The primary purpose of the R/S is to secure better financing from Institutional Investors without sacrificing shareholder (insiders too) value. Apparently the Institutions are the ones applying most of the pressure for the R/S because they want to become stakeholders on this bandwagon too.
* That 3 million bucks is going into expansion for new sites, equipment and new hires payroll.
* I think the Board should continue focus more on when will SGBY become profitable and balancing the R/S into the equation.