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

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 > On Sept 29/21 EVE created & sold 2,777,778 shares for $500k.
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Post by reallyBobbyZ on Dec 08, 2021 4:23pm

On Sept 29/21 EVE created & sold 2,777,778 shares for $500k.

$500,000/2,777,778= 18 cents per share paid on Sept 29. That's why EVE had some cash in the bank on Sept 30 for Q3.....instead of a negative cash #.

The folks who bought the newly minted shares were going to negotiate leasing part of EVE's greenhouse because they are Licensed Med Marijuana Growers.

We haven't heard a further word since Sept 29 about the Lease. That's 9 weeks and no news....no disclosure!

So far, all we know is their 18 cent shares worth $500k on Sept 29 are now worth 11 cents = $305,555.55. Almost $200K loss in 9 weeks!
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