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Re: fiveteenthirty post# 47035

Wednesday, 11/07/2018 1:57:29 PM

Wednesday, November 07, 2018 1:57:29 PM

Post# of 65771
That would be nice, but I fear that may be a little optimistic... still, even if tempered, they should be cashflow positive within the next fiscal year, and that'd be a step in the right direction.

I think those figures represent the potential. How close we can get is the question.

There is an estimate that California represents a testing market of $90 to $100 million presently... EVIO has 1/3 of the accredit labs in the state... but I don't think that means we can extrapolate to a $30 million potential revenue base for EVIO... maybe $5 to $10 million initially? but across all the markets they're in, I can't see why they shouldn't be doing meaningful revenues, with positive cashflow, by middle of 2019.