Isodiol International Inc ISOLF

Isodiol International Inc is a manufacturer and developer of phytoceutical consumer products using pharmaceutical and nutraceutical grade phytochemical compounds. It generates revenue from the sale of nutritional health products derived from hemp. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada. Its product categories include Tinctures; Capsules; Topicals; Vape; Oral Spray; Skincare; and others.

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Isodiol International Inc

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Comment by MarketShark2on Apr 01, 2019 1:59pm

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Post# 29564941

RE:RE:Anyone remember how much was paid out in GOODWILL

Reminder to everyone what Goodwill is on a balance sheet:

The goodwill amounts to the excess of the "purchase consideration" (the money paid to purchase the asset or business) over the total value of the assets and liabilities. It is classified as an intangible asset on the balance sheet, since it can neither be seen nor touched.

So they just sold BSPG for $50M less than they bought it last year. These guys are great businessmen lol

CBDInvestor wrote:

MarketShark2 wrote: For the acquisition of BSPG? Wasn't it like 50M or something rediculous? Plus several millions in finders fees? At the end of the day, shareholder in 2018 got scammed. 2019 seems brighter so far, but trust is difficult.

Yup. Check with Harwinder and Amandeep. The Parmars will surely answer this question .... LOL.