Kaival Brands Innovations Group Inc (KAVL)

[daiello]

Good call on that margin increase. It's tough to say if we get improved terms, but that would be nice. Q2 (after the additional costs were added) margin was 11.3% vs the 13.6% in Q3.

I'm hoping that a lot of the G&A expense from Q3 is from the PMTA application. Since we don't have many employees, that shouldn't be $700k every Q. If it hangs out around that $200k number, that frees up a nice chunk of net profit.

All in all, even if Q4 isn't great, it doesn't bug me much. I just would like to get some more figures to analyze. If we can start building growth models we'll have a better idea of what KAVL is worth and can try to map our way to a higher exchange.