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Bullboard - Stock Discussion Forum Eve & Co Inc V.EVE.H

Consumer Defensive Household & Personal Products
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... see more

TSXV:EVE.H - Post Discussion

Eve & Co Inc > Share Price has PLUNGED 72% since Dec 31/20 Consolidation
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Post by reallyBobbyZ on Sep 16, 2021 5:43pm

Share Price has PLUNGED 72% since Dec 31/20 Consolidation

First trades after 10/1 consolidation were at 55 cents....compared to 15 cents today....72% decline in under 9 months.
Comment by Jarred on Sep 16, 2021 9:03pm
I think the big question here is how much longer EVE can survive without another financing and what kind of terms they would get with a financing as they don't appear to be in any kind of strong bargaining position. Any company lending them money would have to see some hope of them at least breaking even.  I hope they can turn it around but I just don't see what their competetive ...more  
Comment by BobbIeheadbob on Sep 17, 2021 6:07am
I believe EVE has tried to get financing long ago but could not get any because of the secured loan they have from RBC. Any further financing would take a back seat to RBC secured loan. There would not be anything left for anyone else as RBC would retain all assests in an insolvency.  This is why you never hear of EVE pursuing financing because they inquired already and there was no interest  ...more  
Eve & Co Inc
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