GREY:ISOLF - Post by User
Comment by
ILoveYouTooon Apr 23, 2018 10:21am
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Post# 27925664
RE:RE:RE:Dilution is getting Isol down and down
RE:RE:RE:Dilution is getting Isol down and down Not really. Did you read the last paragraph? Bloggers and writers like this always start with negative stuff because it plays of of peoples fears and gets clicks.
Revenues have also gone up exponentially at Isodiol in the past year, due largely to a plethora of acquisitions. In fact, the company actually delivered sales of CAD$5.9 million for the quarter ended December 31, 2017, which was an enormous increase over the CAD$3 million of revenue just two quarters ago. While they only eked out a small net profit of CAD$0.2 million, with that kind of revenue growth, the obvious sales pitch is that Isodiol is a rapidly growing company in the red-hot marijuana sector…even though they are not selling marijuana. Isodiol CEO, Marcos Agramont indicated his confidence in the company’s future by stating “We had another strong quarter of revenue growth and will continue our commitment to delivering high-quality hemp-derived CBD products through innovative delivery methods, which is the core of our success”.