TSXV:EVE.H - Post by User
Comment by
MJVigilanteon Jun 23, 2020 7:49am
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Post# 31179686
RE:Did you know?
RE:Did you know?40 million morer loss each quarter and they can be a big!!
The fact you need to ask means you've had your head in the sand. if eve can remain solvent they have much in the pipeline. (EU GMP compliant facility, 1 million sq ft grow,... get a life ) They will somehow make this work, but we may suffer another raise. This is not a get rich quick stock.
Aside from your fear of insolvency, what makes any other stock better.
I know the bashers only answer in insults and will not provide a defendable answer but I had to ask. Pumpers will do something different. there are us in between.
JeffSkilling wrote: Eve has to pay RBC $130,900 every month to payback the $18.7 million loan. Eve had $466k in revenue last Q ($155.3k on a monthly average) but had a net loss of $1.8 million and a cash burn of $3.9 million. They only have $3.5 million left in cash, barely any revenue and a boat load of expenses. Not to mention a reverse split has been tossed around and will get voted in favor of. What is so appealing about this company? I know the pumpers only answer in insults and will not provide a defendable answer but I had to ask.
JS