TSXV:EVE.H - Post by User
Comment by
trader99999on Oct 20, 2019 5:22pm
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Post# 30249238
RE:RE:Expecting very weak sales
RE:RE:Expecting very weak salesJust to clarify Visionist....on March 19, 2019, EVE announced entering into a construction credit FACILITY for $18.7 million. Not sure they have drawn down on the entire amount. As at June 30, 2019, they only had $9.4 million in loans on the balance sheet (Sept 30, 2019 financials not out yet...probably mid-November). They also had $14.9 million in cash. I don't get your argument that shareholders should start to worry. They have a very healthy Balance Sheet. Revenue will soon ramp up. This is a very good story. And yes, I am long and have been for quite a while.