EVIO Inc (EVIO)

[GangstaRIB]

I think they just raised too many red flags.

- Multiple audit firms
- 5 CFOs in 3 years (My recount anyway but lots of turnover)
- Multiple late quarterly filings
- Canada lab (INTL acquisition)
- MJ business
- Merging 11 sets of Quickbooks into a consolidated report (error prone accounting methods)

I'm not saying EVIO is doing anything shady at all I honestly don't think they are myself, but for the reasons above and possibly more EVIO sure was a red flag.

Allegedly they've moved to a more robust accounting system, but I suspect that was after they were audited.

Anyway, still long on EVIO... Frustrated, yes, but I believe this is a storm we'll get through.