TSXV:EVE.H - Post by User
Comment by
reallyBobbyZon Dec 30, 2020 5:00pm
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Post# 32199820
RE:RE:No GUIDANCE!...down 27% today and tomorrow will be bad too.
RE:RE:No GUIDANCE!...down 27% today and tomorrow will be bad too.I hear you Jarred. But who is dumb enuff to finance/buy new EVE shares even at 3 cents right now?
EVE is probably still burning $1,000,000 or more in losses each month.
The next few trading days will shed a light. Jarred wrote: I think it's pretty simple Bob, they are consolidating shares so they can raise more money at a higher price than .04, it happens a lot and shareholders are usually the ones that suffer. Consolidations rarely work out. It's like when the average person takes out a consolidation loan to make their debts easier to handle, it works for a while but if they don't change their behaviour then they end up back where they were.