EVIO Inc (EVIO)

[tarballmonger]

The roughly 7M in conversions since the deal says otherwise. I believe that you are sincere in your beliefs but the amount of shares converted in this time can only be from holders who don't have to make filings about these sales. That rules out evio officers or jv partners. So if there is another class of heavy note holders we don't know about then we're really in deep doo doo. At this point, to me, dilution selling or managed money liquidation it all adds up to unbearable pressure that ww isn't capable of managing.

From day one of the Canadian deal you have been trying to extol the virtues of the Canadian investors - how sophisticated they are and what big hitters they are and that they're in evio for the long term. From day one I have said how bad a deal this was for the shareholders (a drowning pool in which the Canadian investors themselves). Dilution kills. Lack of revenues after dilution kills. Lack of transparency on top of lack of revenues on top of dilution gives us $.38/ share.

GLTY
GLTA