TOMI Environmental Solutions Inc. (TOMZ)

[Stockpennies]

found this on the Yahoo Finance message board

where does this guy find the info??? hope its a credible source....we should be well above 1$ IMO


SlateColt12 hours ago
During the first quarter of 2020, we have experienced the following:

? Sold substantially all of our inventory, with a backlog and demand for 91 additional units,
? New equipment orders require a 50% deposit,
? Increased demand on solution re-orders as disinfecting and decontamination procedures have increased exponentially across the world,
? Service revenue exploded as the outbreak spread and demand for disinfecting and decontamination services increased,
? Exclusivity in TSN was revoked as demand surged and new providers requested equipment, solution and training to provide disinfecting and decontamination services,
? New channels were opened as decontamination and disinfecting processes are updated and implemented, including but not limited to, fire departments, morgues, FAA, police departments, county and state health departments, cruise ships, infectious disease research facilities, military and ambulances,
? Convertible notes with a principal balance of $4,500,000 were converted into 8,333,333 shares of our common stock at a conversion price of $0.54 per share, the remaining outstanding balance of $500,000 was repaid.
? Staffing – increased demand has severely taxed our existing team and resources to meet the current demands resulting in hiring and onboarding additional employees.