$ $EVIO - Powered by Shimadzu and recipient of 15 Emerald awards, EVIO Labs is Florida’s 1st ISO 17025 accredited cannabis testing laboratory. Equipped with advanced cannabis testing equipment from Shimadzu, EVIO Labs offers comprehensive cannabis testing for cannabinoid and terpene profiles, microbiological and pesticides contamination, residual solvents, heavy metals, mycotoxins, water activity and moisture content. Watch this video to see their process and learn how Shimadzu’s support helped make it happen.
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.
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