TSXV:EVE.H - Post by User
Comment by
KohKuton Jan 09, 2020 9:44am
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Post# 30534024
RE:RE:RE:RBC digs deep with Due Diligence...gives EVE $18,700,00!
RE:RE:RE:RBC digs deep with Due Diligence...gives EVE $18,700,00!DumpsterFires wrote: KohKut wrote: BobbyH wrote: RBC just finished an up-to-date serious vetting of EVE.
This would include cash position, sales, profitability and biz plan.
As a result...EVE got a $18,700,000 mortgage, 5 year term!
EVE is a WINNER!
Copy that.....EVE has a plan,working the plan which will result is goals being achieved. Clearly HC approval of the recent expansion earlier than later is an indication EVE has a good thing goin and people who know people. Melinda/Family have some very strong connections with people and or companies globally that were built over the past 20 years while in their other business, thus Germany is not on the radar for no apparent reason. EU Certification will get done as well.
Covering contiues - bashers what you gonna do today. Keep it real and just take a rest as you have lost.
This is a joke piece of news. RBC gave EVE a construction loan back in March and it was stated back then the loan would be converted into a non-revolving term loan (which is to say RBC hasn't granted them a credit line) They are simply completing the terms of the original arrangement they made with the bank a year ago. This isn't a new loan or some reaffirmation of their business but completing an old transaction for the construction of their greenhouse.
Again, just another classic example of pumpers trying to spin old news and make it look like they got some major cash injection when all it really is is just converting a loan from one type to another.
And this isn't 'bashing' people. Its a statement of facts versus distortions which is why the stock is at $.19 and the skeptics have largely been calling this correct. Oh, and from the bank's perspective they have not only the greenhouse they built for $18 million as collateral but also the facility in Strathroy as further guarantee which basically underwrote this deal fromt he beginning. Zero risk as far as they're concerned.
Okay Legion,ApeMan or whatever your new handle is, will not have any impact here as most will not listen to the "Dark Pool".