EVIO Inc (EVIO)

[fiveteenthirty]

PDX is referencing the Portland acquisition. The point being what market signals led management to make such a large purchase. In a small, limited, over saturated market. That we see from the financials saw significant demand for services evidenced by dropping revenues. This team saw fit to spend a fortune on an acquisition. Meanwhile the media messaging budget is suffering greatly as evidenced by the low volume and lack of buzz around the Canada launch. The worlds first bio marker. There’s no narrative being sold for people to believe in. We’ve seen the communications just dry up. Is managements mispreading of the Oregon market and expenditure representative of their overall positioning. Silo thinking. We know everything. Why spend money on marketing the companies overall message of securing the safety of the Worlds fastest growing industry seem to think that investors organically will just figure it out. Three years and counting. RTher than budget for investor relations they see fit to spend money and dilution on an acquisition that delivered a massive drop in revenues. There seems to be a need for voices outside of the echo chamber/ silo in the boardroom