EVIO Inc (EVIO)

[Leksi]

PPS is going down because of ongoing dilution, OS share count right now is 24,796,243 and slowly rising. When revenues goes up, pps will go up. In my opinion, everything else here (concerning of pps) is only background noise.

This is oversold now, (RSI-weekly, 27,71):

http://schrts.co/47nWKZ

So now we have 1 mil revenues per Q. Quick calculation, (1 000 000 x 4 x 0,15x18)/25 000 000=0,43.

I think we are bottoming somewhere in these pps-levels. And If we use different multiplier, for example (4 000 000 annual rev x 0,3 x18)/25 000 000 shares= 0.86. I honestly think this 4 000 000 annual revenue is waayyyy too low number to use. But right now is it what it is. But everyone should do own calculations and decisions independently.

When you are estimating future pps, pay always attention to share count.

EVIO Labs Reports 66% Increase in Revenue vs. Prior Quarter

William Waldrop, EVIO’s Chief Executive Officer commented, “We are pleased to report unaudited revenue for the fiscal fourth quarter ending September 30, 2018 of $1,054,000 vs. $634,338 for the previous quarter ending June 30, 2018, representing quarterly growth of 66%.

https://www.businesswire.com/news/home/20181121005344/en/EVIO-Releases-Preliminary-Fourth-Quarter-2018-Results