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Re: Shaark post# 20269

Wednesday, 06/06/2018 9:28:29 PM

Wednesday, June 06, 2018 9:28:29 PM

Post# of 27120
$ACOL has always been open and honest regarding it's profitability. From the 10k:

The Company’s revenues have grown every year since it commenced business. In 2013, its sales were $254,992; in 2014, they were $460,756; in 2015, they were $1,441,441; and in 2016, they were $1,975,923; and in 2017 they were $2,210,470. Although our revenues have increased each year, we have yet to become
profitable The Company has devoted, and Management believes that the Company should continue to devote, manpower and capital to increasing its sales to the
extent that it is available and prudent. For this reason, it has increased its sales staff from two 2 in 2013 to 9 today. Management further believes that increased
sales will ultimately exceed operating expenses.
However, as indicated in note 3 of the Notes to Financial Statements, there are substantial doubts as to the ability
of the Company to continue as a going concern and Management recognizes that the Company can take measures to increase sales only within the parameters set
forth therein.



INCREASED SALES.....Hmmmm, how?

CORONA, Calif., March 12, 2018 (GLOBE NEWSWIRE) -- Acology Inc. (OTCMARKETS:ACOL) revealed today that Canadian licensed producers Aurora Cannabis Inc., OrganiGram and Tilray have posted March orders for more than 30,000 MedTainers, a sharp increase from initial orders made earlier this year. Further, Acology’s wholly-owned subsidiary, D&C Printing LLC, will imprint each MedTainer with a customized LP logo and pre-packaged with a MedX 2-way humidity pack. These orders come on the heels of the revelation made a few weeks ago that the MedTainer was recognized by the Canadian government as certified complaint packaging for cannabis and cannabis products. Aurora has finalized a deal with Shoppers Drug Mart, the largest Canadian pharmaceutical chain, to provide cannabis and cannabis products to consumers. SDM has petitioned the Canadian government and healthcare service to retail cannabis once the country’s referendum for legalization is passed this summer.