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Re: msg404 post# 52906

Wednesday, 10/02/2019 6:25:35 PM

Wednesday, October 02, 2019 6:25:35 PM

Post# of 65774
All really good points ArbitrageAlex. From vast experience as a business executive, it takes prospecting, salesmanship, and great communication skills, to land large contracts. It also takes professional customer service, and lead follow up etc. Since following EVIO I have not once seen any communication from EVIO management to the investors? NDAs are one thing, but communication to the investors and to where the company is headed in 2020, plans they can share, etc. is not a hard concept to grasp. I do not know the EVIO management team so I cannot make any assumptions as to their skill level. I am just hoping they have the skill set to forge forward. Carter is right, this sector, this niche, and all the vaping issues, CBD acceptance, pro athletes getting involved, is huge. The question is does EVIO management have the people on board to drive this company towards a NASDAQ listing, and on the road to profitability? Here are two articles regarding cannabis investing etc. It pretty much says what ARbitrageAlex posted in regards to finances, management etc. Only the strong will survive. WIll that be EVIO. We all hope so but hope is not a plan of action and that is exactly what EVIO needs; a plan of action.

THE PAST IS THE PAST, TIME TO MOVE ON
Owning a cannabis stock starved for cash today is like playing Russian roulette, except in this case all but one chamber is loaded.
Cannabis investors are likely suffering from regret bias in 2019.
Regret bias is when you sit on losing a position instead of selling at a loss and putting the money into a better company with more potential upside and less risk.
Some cannabis stocks just won’t recover from this downturn and the sooner investors can move on the better their future returns will be.
Pick stocks as if the cash you have left is brand new and your cannabis journey is just beginning.
The days of buying weak cannabis stocks for big gains are truly and completely gone. Owning a cannabis stock starved for cash today is like playing Russian roulette, except in this case all but one chamber is loaded.
The risk of blowing away your portfolio far outweighs the outside chance you make some money.
Investing with a margin of safety is the only way to play cannabis stocks as the market works through a period of capital scarcity and investor panic.
Legal cannabis remains a rapid growth, multi-billion dollar opportunity so investors should not lose hope.
The night always looks darkest before the dawn.

Here is another one:
https://investmentu.com/top-10-pot-stocks-adjusted-operating-income/