Eve & Co Inc V.EVE.H

beaten bruised but not broken

[MJVigilante]

This market has beaten and bruised most of the long term holders of this company.  The company itself may need to increase with the bank or look for financing in the market as a result of the EU GMP delay. (i give them until April, June at the latest based on Q3 and estimated sales - self generated.  If EU happens soon may avoid the problem altogether)

I bought this stock at 25 cents and higher right at its entry to the market.  I have seen it fall and rise and fall and rise and fall again.

The entire industry is a POS compared to expectations. and EVE is grouped with its early to market money spending, super duper loss generating a$$hole companies that question the integrity of all in the industry.

-EVE debt to sq ft is so cheap to the industry
-Management doesn't suck every last penny out as wages to themselves
-profits and losses are near break even where ACB lost more in one quarter than EVE has raised between equity and debt, by a multiple of 5.
-other expenses are maintained

This as i have said before is run like an OME (owner managed enterprise) not like they are playing with others money (all the bigs)

EU GMP will in all likelihood happen.
EVE will have topicals
EVE will have drinks and edibles
EVE will sell overseas

What is really hurting us is expectations and timeline.  Adjust accordingly.
These things will slowly incorporate over the next two years.  Revenues and profits will start when they can send a successful batch of product overseas. It will take good numbers to get the SP moving upwards.  It might not happen until Q3 or Q4 of this year, I suggest if you are long you don't look down before then because it could look grim. 

Those whom make it to the end,( i think i will die with the captain if she sinks), i wish the life changing rewards that come at your current risk.