CCA Industries Inc V.CAW.P

RE:Canaccord downgrade

[Rahil1234]

I couldn't read article because I'm not a subscriber. However, we will have to see whether Distinct deliver the promised they outlined for Q3. 

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The Company expects to see an increased volume of projects for 2017, with managed growth for the remainder of the year. Historically, the Company’s financial performance has

been weighted to the second half of the fiscal year.

Historically, the first and second quarter are the slowest for the company, however Adjusted Net Income grew during the second quarter of 2017, up $1,068,759 over the prior period.

The company typically invests in its people and organization during the first half of the year to prepare for the ramp up of business through the remainder of the year.