Isodiol International Inc ISOLF

Strong Financials Needed

[MarketShark2]

Based on the obvious shady thing going on with ISOL, I beleive seeing a large decrease in expenses will be the turning point for them. Last quarter the reasons (excuses..) for the losses were high consulting fees attributed to their acquisition spree, and the abnormally large goodwill amount that represents payments above the fairvalue of the acquisitions. In other words, they paid millions of dollars more than what the sellers would have received in a regular sale of property... Had they paid fair value for the acquisitions and not have over paid the consulting fees, ISOL would have shown a net profit and todays share price would be much different. 

Will they be able to back up their statement about shareholders being the hear of their mission this quarter? We will find out! 

(Obviously I am hoping for good financials, but in reality I think there will be much of the same this quarter)