Kaival Brands Innovations Group Inc (KAVL)

[Bri798]

One important parameter I think everyone on this board missed out was the company's net income was actually down Q on Q (2.8 mln in last in 5-6 weeks vs 2.6 mln in current for full quarter) Because EPS is purely based on Net profit or Net income which is divided by o/s and comparing both Q's net income was down by 8-9% approx in more time period of operation. It has not gone down well with the market. But, I think it has to do with the increasing cost of expansion or cost pertaining to related party(related party expense can be for Bidi Vapor who is the related party in this case for PMTA submission). But, who knows where money was utilized is not clear. All said and done this is multi bagger in long term.