GREY:ISOLF - Post by User
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Isodog2018on Aug 30, 2019 9:15am
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Isodiol Reports First Quarter 2020 Financial Results
Isodiol Reports First Quarter 2020 Financial Results “The Company’s primary objective was to reduce our operating expenses and move towards profitability, of which we came very close in this first quarter of FY2020,” said CEO of Isodiol, Marcos Agramont. “We have reduced our expenses by $13M from fourth quarter 2019 and have now turned our focus on building our brands globally with spending concentrated on marketing and advertising.” Marcos went on to say, “We are currently cash positive and the Company is in a strong position to improve revenues and continue cash reduction strategies heading into the remainder of FY2020.” https://seekingalpha.com/pr/17617826-isodiol-international-inc-reports-first-quarter-2020-financial-results Cheers!