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Eve & Co Inc V.EVE.H

Eve & Co Incorporated is a Canada-based company, which holds cultivation and processing licenses for the production and sale of various cannabis products, including dried cannabis, cannabis plants and extraction of cannabis oil. It is a licensed producer of medicinal marijuana. It also provides educational information and online support for its customers and first-time buyers. Its products include The Boss Bath Bomb, The Dreamer Bath Bomb, The Lover Bath Bomb, The Optimist CBD Bath Bomb, Indica Blend, Sativa Blend, The Boss, The Confidant, The Creator, The Lover, The Adventurer, The Advocate, and The Free Spirit. Its wholly owned subsidiary is Natural MedCo Ltd. The Boss Bath Bomb has an invigorating blend of sweet orange, lemon, and grapefruit essential oils that come together to enhance and lift mood, reduce stress, and stimulate circulation. The Dreamer Bath Bomb has calming lavender and chamomile essential oils that help to reduce stress and anxiety and promote calmness.


TSXV:EVE.H - Post by User

Post by Ghost777on May 26, 2020 11:59am
235 Views
Post# 31073344

The reply I received, Thanks for the obvious

The reply I received, Thanks for the obviousHello.  Thank you for your inquiry. 
 
The Eve & Co Incorporated annual and special meeting is being held on June 25, 2020.  One of the items on the agenda for approval is to authorize the corporation to file articles of amending to give effect to a share consolidation, only  if and when determined by the board of directors.  
 
A share consolidation is sometimes as a reverse stock split and reduces the total number of issued and outstanding shares while increasing the per share value for each shareholder proportionately. As a shareholder, you will hold a fewer number of shares but each share is worth proportionally more.  The aggregate value of your shares does not change or the market capitalization of the company. 
 
If the share consolidation is approved by the shareholders, it does not mean that it will be given effect immediately, but gives the board of directors the authority to do so as it determines.  
 
I hope this hopes with understanding the direction of the company.
The Eve Team
 
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