TSXV:EVE.H - Post by User
Comment by
BobbIeheadbobon Aug 17, 2020 10:51am
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Post# 31417514
RE:Market waiting on capital raise details
RE:Market waiting on capital raise detailsYeah sure butthead, if they had funding for capital thy would have announced long ago and not when they have zero cash and are running on fumes ......
Buttzz wrote: Positive news on opportunities for Eve released over past couple of weeks. All of these committments would not happen if EVE did not have a solid plan on raising capital to follow through on these committments. No contract with any customer is possible if there is a going concern with EVE as a supplier. Market is waiting on details around capital raise. This is going to include a share consolidation which is why the stock is not moving just yet. Ths is positive in the short and long term and much better than facing bankruptcy. I suspect there will be positive analyst coverage after the capital raise which may likely negate any negative impact from share consolidation. This is a very good speculative buy.