Eve & Co Inc V.EVE.H

RE:RE:RE:RE:RE:RE:RE:RE:Bad news.... Eve's been dropped from HMMJ

[Hempvestor]

First of all, “Securities within HMMJ's index generally have a market capitalization of greater than CAD $75 million.” We’ve been below that for a while now. Secondly, we held a .03 percentage in their portfolio, so it’s not as if they were holding much to begin with. IMO we shouldn’t have been there to begin with. As for the HMJR deletion, “HMJR invests in companies with market capitalizations generally between CAD $50 million and CAD $500 million.”. We’ve been struggling to keep that $50m MC, let alone anything else between that threshold. Being deleted from this one is a bit more inconvenient, but not the end of the world.

Look at our financials for the past year.. is it really such a shock that we’ve been deleted? And near our all time low no less... Look at the YTD performance from both of those ETFs... clearly not the best analysts buying their shares. Our financials STILL look better than 2/3rds of the companies that are still listed, but they’re still they’re solely because of their market cap. We have less OPex and S&A costs, a credit facility with a tier 1 bank and let’s not forget our recently approved 780k expansion, bringing us to 1m sq feet and a conservative 50k kg output for this year. We have the distribution channels & are working on partnerships that’ll best suit us to fully take advantage of “2.0”. Yes, we have debts, but we also have a means of paying these debts without having to resort to further dilution. And even though we’re at 280m shares outstanding, only ~170m of our float is publicly traded because of our strong insider ownership.

What do you think is going to happen once our progress is reflected on our financials? Do you think we’re blacklisted from the ETFs now?? Answer is no, we aren’t. Good thing is, if they want to add us back they’re going to have to do it for double the price they sold us at (which would be anywhere between .13-.25).

This isn’t a pump, everything stated here is solid facts. Say what you want, but nothing can be said to contradict what I wrote. There’s a reason why the only Canadian potstock I’m long on is EVE..and the aforementioned reasons are less than half of it. Don’t let these clowns fool you into believing this spells the end of the world for us... they’re dead wrong.