Isodiol International Inc ISOLF

Marcos makes good move.........

[jb24]

In anticipation of the US Farm bill being finalized,1 and with the possibility of an increase in demand for consumer packaged goods (CPG), the Company scaled back bulk raw ingredient CBD sales in an effort to increase production and inventory of CPG for 2019,

said CEO of Isodiol, Marcos Agramont.

While this has impacted our Q2 revenues, the Company believes this move was necessary for long-term, sustainable growth.

The unaudited condensed consolidated interim financial Statements and MD&A for the three months ended September 30, 2018 will be filed on SEDAR and available at www.sedar.com.

Marcos has make a business decision here ---to sacrifice this quarters bulk sales gains---to make the quarter look really good or to hold back on bulk sales of CBD --to put into online  products, deliveries to KI, Isosport, Isobev, Kure Lounges, to take advantage of increased sales anticipated with the passage of the Farm Bill ---which will give ISOL access to 330 million American customers. There is a push and pull to the availability of raw product with this basically new company and if any of you have ever run a large company , you would know that sometimes you have to make short term decisions that affect long term gains. That is what Marcos is doing, imho, and I applaud him for that and I don't think he had any choice because of his commitments to acquired companies.
Marcoes sacrificed bulk sales ---which is where ISOL make most of its easy money ----to make sure he did not run out of raw ingredients --to service the mounting committment he has to all his new acquisitions. Smart and necessary move by management. gltals