TSXV:EVE.H - Post by User
Comment by
Vince7ileson Jun 10, 2020 11:18am
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Post# 31133407
RE:RE:RE:RE:Insider Buys
RE:RE:RE:RE:Insider Buyscolonelklink2 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....