Eve & Co Inc V.EVE.H

RE:Press Release- Smiking Mirrors

[Vince7iles]

Melindababye wrote:  This press release is smoking mirrors. Here is why Goldy and Canvest:

1. What CEO in their right mind releases news at the end of day before markets are closed for Canada day?
 

2. The New Greenhouse pic shows one small part of the expansion of the new greenhouse, why not show the entire thing, a panoramic view or release videos of the facility with plants in full bloom? Because its only 30% full. Looks empty behind the workers.
 

3. What Does the Share Consolidation Approval Mean? Well that the board can decide anytime they see fit without shareholder input on the stock split and consolidation parameters- just like the June 25th meeting- Nothing new or nothing positive.
 

4. Germany Update- They have been waiting since they received EUGMP approval start of the year. Export permits don’t take 6 months, once you have a PURCHASE ORDER they take 2-4 weeks tops. “Rinse and repeat” news from last year. Dangle the carrot...Meaning Eve has no buyers. They have been working to find them I see. Keep looking EVE.
 

5. 2.0 Products- What amendments are needed now? They had the supposed greenlight in February, maybe they don’t have funds for 2.0 equipment or capital investment to get going.
 

6. CEO is a tulip farmer, Not an experienced executive from a Regulated or CPG space.
 

Again if EVE had anything concrete or solid, they would have been able to find investors vs mortgaging their facility. Plain and simple. This is a typical Melinda news release. Nothing of substance. JMO 

 

Makes me really sad and nervous cause I'm a long bag holder, but the more it goes the more I think you are totally right.

The CEO background in tulip growing seems to have reached it's limit.

Really don't know if we are going to survive much longer....

Total failure Melinda...

GLTA