TSXV:EVE.H - Post by User
Post by
skier59on Nov 23, 2020 10:40am
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Post# 31951988
So...
So...There are a few Bashers here that post daily. They certainly are trying hard to discourage Investors from buying. I just bought 36,000 @ 7.5 because I think this company has a tremendous upside potential from these levels. 18 months ago the company did a $10 Million Bought Deal Financing priced at 50 cents, which was above the trending Stock Price at the time. Since then they have added 750,000 sq feet of state of the art greenhouse capacity, and now sit with 1,000,000 sq feet. That is in itself impressive. Since then they have landed some new contracts in Europe. EVE has basically all the Gov.Certifications they need and have been expanding the product line. Sales will grow, and have grown.
I've been following this company on and off for about 2 years. I knew the whole POT sector would crash, so I just sat back and watched. I almost bought an initial position after that Bought Deal 18 months ago, but decided to sit it out and wait. Those Investors, unfortunately for them, have seen their Investment get hammered hard.
I have no expectations for their Q3, and will add to my postion later on when I feel the time is right for me.
I think the Company has achieved many positive things in the past few years, and I expect they will be around in the Market for a very long time. Profitability will be achieved by this Producer, unlike the majority of MJ Companys.