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Eve & Co Inc V.EVE.H

Consumer Defensive Household & Personal Products
Eve & Co Incorporated is a Canada-based company, which holds cultivation and processing licenses for the production and sale of various cannabis products, including dried cannabis, cannabis plants and extraction of cannabis oil. It is a licensed producer of medicinal marijuana. It also provides educational information and online support for its customers and first-time buyers. Its products include The Boss Bath Bomb, The Dreamer Bath Bomb, The Lover Bath Bomb, The Optimist CBD Bath Bomb, Indica Blend, Sativa Blend, The Boss, The Confidant, The Creator, The Lover, The Adventurer, The Advocate, and The Free Spirit. Its wholly owned subsidiary is Natural MedCo Ltd. The Boss Bath Bomb has an invigorating blend of sweet orange, lemon, and grapefruit essential oils that come together to enhance and lift mood, reduce stress, and stimulate circulation. The Dreamer Bath Bomb has calming lavender and chamomile essential oils that help to reduce stress and anxiety and promote calmness.


TSXV:EVE.H - Post by User

Eve & Co Inc > Why the r/s and why now?
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Comment by reallyBobbyZon Jan 01, 2021 4:44pm
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Post# 32207913

RE:Why the r/s and why now?

RE:Why the r/s and why now?My instinct on this....

1. Given certain loans in the last 3 weeks or so....loans that clearly show a HUGE and IMMEDIATE issue with cash...they did the 10/1 to try and raise some more cash by selling fresh EVE shares w/ Lucative warrants at a price well below whatever the SP settles at in the next little bit. 

AND/OR...

2. If EVE fails at some point with or without #1....which effectively means Natural Medco [the MJ license holder and greenhouse owner] co-fails as well....then the 10/1 consolidation is a move to get EVE's SP way lower...cuz it's going to beat up bad over next while....so not so much complaining by retail holders later....when Natural Medco makes some form of Creditor Proposal or Bankruptcy and assets eventually move into "certain hands".

JMO

Phileagles11 wrote:

I'm relatively new to investing so I'm trying to understand why the company went ahead with the r/s now when this has been in Meli's back pocket since the annual meeting on June 26th?

What does the r/s accomplish at this point in time?



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