EVIO Inc (EVIO)

[map35]

Why did you pay over $18mill for shares? If you think $1mill a lab is over priced then that means you should be waiting for a market cap of $10mill to buy (~$0.50). Timing is everything. The market seems to think a lab is worth over $1mill based on market cap. Premiums are put on growth opportunity. Businesses sell for assets, goodwill, proprietary, turn key, and projections (depending on the market).

EVIO was too early in many purchases but NO ONE thought it would take this long to implement testing into legal markets. These laws passed 2 years ago. 2 short years ago. It takes many years to build a successful business. We haven’t even had one month or full revenues (still awaiting 2 labs in Cali we paid for and Mass). Usually takes two successful years to get loans.

Employees can talk all they want but can’t even run their own lives cash flow positive and wouldn’t make the sacrifice or risks involved to make that jump. They don’t understand underlying expenses, margins, or valuations. Easier said than done.