TSXV:EVE.H - Post by User
Comment by
reallyBobbyZon Dec 18, 2020 8:20am
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Post# 32138386
RE:RE:RE:How long will EMERGENCY CEO $200k loan last EVE?
RE:RE:RE:How long will EMERGENCY CEO $200k loan last EVE?Derek...my bro! I've always hoped you prosper and do well.
My posts have mentioned both the $200k from Mel R and the $350K from unnamed others. Sometimes together....sometimes separately.
I do refer to the Mel R $200k to emphasize a point...that the CEO is now scraping together emergency funds. To me that is a giant warning of imminent collapse and RBC's unwillingness to further advance funds.
Check your LinkedIn.
Cheers, Bob DerekVTXman wrote: Agreed it isn't a lot of money for an operation that side and it won't last long. Lets hope that they have enough irons in the fire to generate some cash flow going forward.
Hungmunculus wrote: Well its actually $550K there spammer. Fact. Jeesh. But still won't last long.
reallyBobbyZ wrote: Eve was losing $1,420,000 average/month in Q3.
$200K isn't going to last long.