Eve & Co Inc V.EVE.H

Better than the Alternative....

[Buttzz]

Lots of people freaking out here.  None of these developments should be surprising. I am bag holding at an average of 0.22 and two weeks ago believed EVE was close to closing its doors if it didnt get a supply contract in place by end of June.  If EVE is in a position two months from now to consolidate some shares in order to secure a share raise and attract larger instituional investors that is a much better alternative to declaring bankruptcy by that time.  Any news catalyst in the meantime would be a bonus.  If not than they have the rest of the year to land these German contracts or go bust.  Even if they announce German supply today they still need to either take on more debt if the banks allow or issue shares to continue.  Appetites for banks to loan more money for higher risk investments is especially not a realistic option during these Covid times.

[MJVigilante]

you have extremely difficult time raising funds with a single digit penny stock. At $1-2$ you should be able to raise considerably more. Some are pointing to ACB why a negative to reverse split.  what a 50% increase within a few days? that really sucked.  ah yeah, it was the 40+million $ loss that excited people to raise the price. i would rather a consolidation than chapter 11. 

[Burnsmart]

Raise inventory by  selling inventory.

[Burnsmart]

Excuse me,,,,raise cash by selling inventory....instead of screwing the stockholders.   I am convinced that once they consolidate they shorting will commence

[PatrickBateman]

This post has been removed in accordance with Community Policy

[Spectra7]

P B...for get waiting for the R/S, the short attack will now begin in ernest. Some would suggest..." if you can't beat them..." Cheers S7

[PatrickBateman]

This post has been removed in accordance with Community Policy

[cannvest]

Did you sell today Paddy? Just hangin around even though you have no more shares?  

[Rotaris]

In this day and age, no bank will touch weed companys