TSXV:EVE.H - Post by User
Comment by
reallyBobbyZon Nov 27, 2020 9:07am
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Post# 31987843
RE:Well
RE:Well Fisher...they don't have $10 million in inventory. Read Note 4 in Q3 financials. See "Fair Value" of inventory.
That's what they have...$3,276,675 in inventory.
If you were to build a "widgit" and it cost you a dollar but people only wanted to pay 40 cents for it....you get a HUGE LOSS as the "fair value" for the widgit is 40 cents. Similar concept here.
Cheers, Bob
Cheers, Bob Fishercat1 wrote: Disappointed BUT 10 million in inventory so more for German contracts to come ???. Also did I see we selling in Alberta as well ??. Yup sell away and more cheap shares for a very bright future . I will not sell a single one . Rome was not built in a day . TGIF .