My response to a disgruntled investor pertaining t
Post# of 2022
(Total Views: 221)
Posted On: 09/25/2018 8:13:56 PM
My response to a disgruntled investor pertaining to the cost of $1 mil for labs.
While you believe $1 Mil is way over-valued personally I believe it is way undervalued . The fact that they are without certification would have merit if they were unable to get them certified which automatically adds value. So far Fl. Co., and Mass. have all gained the coveted certification despite the fact that they are out of state which IMO makes it even more meaningful and they are not just receiving them because they are in the good ole boy network. Funny how Co. was not mandatory testing and now a year later we have a $1.3 mil claim possibly on the assets of the Co. lab which is now compliant in a state doing well over $1.5 Billion in sales last year with sales increasing in 2018.
While getting state approval can/will take longer in Mass. and other states the processes and methodologies being used by EVIO is proving to be cook cutter results with tweeking needed for different states. Currently at 100% to date.
PS Made my 1st purchase in4 months for 5k in shares. Now focusing on positives and the time is here. GLTY
https://www.thecannabist.co/2017/10/11/colora...ata/89751/
While you believe $1 Mil is way over-valued personally I believe it is way undervalued . The fact that they are without certification would have merit if they were unable to get them certified which automatically adds value. So far Fl. Co., and Mass. have all gained the coveted certification despite the fact that they are out of state which IMO makes it even more meaningful and they are not just receiving them because they are in the good ole boy network. Funny how Co. was not mandatory testing and now a year later we have a $1.3 mil claim possibly on the assets of the Co. lab which is now compliant in a state doing well over $1.5 Billion in sales last year with sales increasing in 2018.
While getting state approval can/will take longer in Mass. and other states the processes and methodologies being used by EVIO is proving to be cook cutter results with tweeking needed for different states. Currently at 100% to date.
PS Made my 1st purchase in4 months for 5k in shares. Now focusing on positives and the time is here. GLTY
https://www.thecannabist.co/2017/10/11/colora...ata/89751/
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