TSXV:EVE.H - Post by User
Comment by
KohKuton May 08, 2020 9:51am
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Post# 31002397
RE:RE:Latest update
RE:RE:Latest updateVince7iles wrote: SunChild wrote: From latest news release:
With this approval, we intend to ramp-up production over the next two quarters which will give us the ability to become a significant supplier to the Canadian and global cannabis markets(1),” said Melinda Rombouts, President and CEO of Eve & Co.
Eve expects it will take up to 6 months to be at full production.
From what I've seen from EVE so far, if Melinda is saying six months, it will probably be more like 12-18 months... anyway, we won't get any update...
With regards to Germany, at the pace things are going, do not expect shipments before 2021 at best, if ever there is shipments...
I hold a ton of EVE, and bought early fall 2018... so that makes me a huge bag holder... I believed in Melinda, but now I must say, I've really lowered my expectations... to get back my initial investment is now my ultimate dream...
Sorry guys, but I do not think Melinda has what it takes...
Sorry for venting...
I will still hold long (no other options...) but I'm quite disapointed...
GLTA
The entire Cannabis Sector got a beat down the past 12 months.....let's be honest EVE is not the only company that has seen it's sp drop 70% plus. What I do like about EVE going forward they are now ready for business where as before they were still waiting for certification by HC, EU GMP approval,expansion completion etc......in short not much in sales as they had limited product to sell.
EVE is going to be fine,no worries what so ever about the German Contracts as I know Melinda has good associates abroad from her networks established during her previous growing days. Some might laugh about this, but her family operated business has been a foot in the door for many meetings that have enhanced movement forward.
Rest is all noise for now,while accumulation is presently underway.