EVIO Inc (EVIO)

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They paid for the real estate with shares not revenues. They see the future revenues justifying this purchase. Which grows the company. But company growth and success is not the only contributing factor to share price. Obviously purchasing the real estate is a better strategic move as the rent is paid back to themselves BUT if dividing cost of real estate ($1.5million) by the average rent for a 7,000sq ft facility @ $30/sqft (that may be off for this area) it would take 7 years to break even on the return just on the real estate not on the business. I do believe it is the best move. It’s just the long game. And I’m fine with it. Just stating my opinion and facts.

Similar to just because someone driving an expensive car or living in a lavish house doesn’t make them more successful or better off than someone driving an economy car. In most cases people driving luxurious cars are in debt with them but some people living within their means can live debt free. On the surface it appears they are successful but in the paper work and financials they are more than broke.

Company growth needs to be supported with valuable and smart purchases that generate revenue within a specific formula to benefit shareholder value and share price.