EVIO Inc (EVIO)

[GangstaRIB]

EVIO-FL was never part of EVIO it was a license agreement. That is no longer the case. EVIO-FL is now Kaycha.

EVIO has 2 and a half labs. 2 in OR and 1/2 lab in Canada (50/50 partnership)

EVIO California is on hold as far as I know until I see an 8-k saying otherwise. CA is a 50/50 split between Steep Hill and EVIO.

MA lab was supposed to be completely sold to SteepHill (still no word on it)

Market cap is now $500k due to massive dilution. The company is bringing in $3M-$4M yrly revenue. Whether or not this runs depends on when dilution stops. I guess on the bright side they can only add another 500M shares unless they do another reverse split.

This isn't exactly a great company to invest in but 500k market cap with 4M in revenue seems like there is some room right now for profits.

Let's hope these ding-dongs file the 10-k on time 12/31. Let's also hope the SteepHill transactions go through (CA and MA) If those sales go through maybe the rest of the convertible debt can be retired. $450M shares have been printed in the past few months hence the massive volume and price dip.