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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 include The Boss Bath Bomb, The Dreamer Bath Bomb, The Lover Bath Bomb, The Optimist CBD Bath Bomb, Indica Blend, Sativa Blend, The Boss, The Confidant, The Creator, The Lover, The Adventurer, The Advocate, and The Free Spirit. Its wholly owned subsidiary is Natural MedCo Ltd. The Boss Bath Bomb has an invigorating blend of sweet orange, lemon, and grapefruit essential oils that come together to enhance and lift mood, reduce stress, and stimulate circulation. The Dreamer Bath Bomb has calming lavender and chamomile essential oils that help to reduce stress and anxiety and promote calmness.


TSXV:EVE.H - Post by User

Comment by Vince7ileson Jun 10, 2020 11:18am
83 Views
Post# 31133407

RE:RE:RE:RE:Insider Buys

RE:RE:RE:RE:Insider Buys
colonelklink2 wrote: There is nothing to feel good about this stock:

1. Board members left, including CFO, right before earnings.
2. 5 million write down in Inventory last year- If you believe 8 million is in the Vault- Let's connect in 2 months when they take another write down.
3. No 2.) products and processing license was approved months ago.
4. New Greenhouse is only 30% full.
5. Clueless CEO
6. No direction on edibles, lotions, gels, etc. This was mentioned at open house that contracts were in the works, That was last November lol……Who is on the marketing and development team here? Do they have one?
7. Entire business hinge on Germany at $6/gram
8. No purchase orders from Germany.
9. Cash burn of 1.5 to 2 million a month with 6 million cash left and dismal sales numbers.
10. Lowest price for flower in every province.


If this is a good buy let me know why. Kis your cash Bye Bye, Bankrupt or taken over by start of Q4.


Rpizzle wrote: Welcome back Bateman .
JeffSkilling wrote: Indeed, absolutely no insider buying but some insider selling. Not to mention the CFO and several board members leaving. Seems a tad suspicious to me. 

JS

 




Hard to argue here....
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