Eureka 93 Inc LXLLF

RE:Posting my email to the CEO of Eureka93

[zen2twenty]

BlueWater wrote: Here is the email I sent 2 days ago to the only email address on file for Eureka93.  I have yet to hear a response or a correction so I think posting it to a public forum may be my only way of possibly getting their attention.  I would also like to say I have been long and strong on Eureka93 (Livewell) since last august.  I want them to succeed.  If anyone has any insight on my email or can answer my concern I would appreciate any information.


June 19th 

To whom it may concern,

I cannot find a listed email for Mr. David Rendimonti, CEO, so I have sent this email to the only email address listed in hope someone can forward this to him.  I am definitely a little confused after reading Mr. Rendimonti’s email.  In one paragraph he states Eureka93’s output is already 240 kg per day.  Then in the next paragraph he states Eureka93’s objective in Q3 is an output of 100 kg per day and 200 kg per day in Q4.  I’m pretty sure that he meant 1,000 kg in Q3 and 2,000 kg in Q4, which I’m sure you all can agree is a very significant difference.  If this is indeed the case as a shareholder I am extremely DISAPPOINTED in the attention to detail from a company of your supposed pedigree.  Especially given this email was as much an apology to Eureka93’s shareholders for the continued delays as it was an update.  Attention to detail is vital in all business operations and if indeed these incorrect numbers were erroneously sent out in this email it’s a very poor reflection of Eureka93’s leadership.  What this shows me is no senior level leadership, including Mr. Rendimonti the CEO of the company, ever took the time to read his full statement before release.  This in itself shows a true indifference to your shareholders that is totally unacceptable.  If indeed this is the case and the numbers described were flat incorrect you all owe it to your shareholders to issue a correction immediately.  I look forward to your response. 


Kind Regards,

(Name withheld here for privacy but was not withheld in the email sent)
Eureka93 Shareholder

This is the statement you are refering too,

We have refined our proprietary extraction and isolation process to allow us to consistently produce an industry-leading output of up to 400 litres per day of full-plant extract or the equivalent of up to 240 kilograms per day of CBD (with sufficient biomass). And as we ramp up production, we continue to fulfill contracts for large-scale amounts of CBD isolate powder and full-plant extract with buyers including Tilray. This demonstrates our ability to regularly deliver high-quality product, which will drive revenue in this space.

Significantly accelerating our production is a key priority for the company. Subject to available capital, our objective is to steadily increase our output to deliver 100 kilograms of high-quality CBD isolate powder per day in Q3, and upwards of 200 kilograms per day in Q4.

CBD and CBD isolate powder are two different things.
And as for Mr. David Rendimonti email, try this one, [e-mail]

You can learn about the different products here, https://eureka93.com/our-products/, right on the E93 website.

Good Luck with your DD, seems to me you have done very little.