EVIO Inc (EVIO)

[fiveteenthirty]

The Canadian raise was a brokered private placement. That means brokers introduced individual clients to the deal. Albeit high net worth clients. But clients just the same. If EVIO management had the continued ongoing trust and support of the brokers their clients wouldn’t be selling wholesale like this. Some would yes. Quick profit turnaround people who wouldn’t hold a stock for 15 seconds if they’d cleared 10 points profit. But this narrative was sold to these brokers and their clients as a once in a lifetime business opportunity never before seen - the one sure fire cash flow business in cannabis. Guaranteeed revenues as every gram of cannabis flower oil and edible across the United States and Canada and around the world is tested for potency and poisons. And we’re the one to do it. Narrative like that should keep people onboard for the long haul.

Obviously EVIO management team has failed spectacularly in the goal of creating anything resembling market or investor confidence in themselves or in the future with the ongoing sell off seemingly unending.