TSXV:EVE.H - Post by User
Comment by
reallyBobbyZon Dec 15, 2020 1:46pm
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Post# 32110177
RE:Why would management invest?
RE:Why would management invest?Mel R scaped together $200,000. The other $350,000 came from undisclosed source. EVE won't tell us who. If it was "management" they would say.
If there was a "light at end of the tunnel", RBC would have increased loan.
This Emergency loan might be a last ditch effort..EGO/desparation driven?
If EVE fails, where would Mel R go? Who would want her? APlaya wrote: Basic business principles will tell you that you are not going to invest half a million dollars if the ship is sunk. No capable management team will throw away that kind of money unless there is some light at the end of the tunnel.