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.

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Eve & Co Inc > Investors Update E-mail is promising

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Comment by reallyBobbyZon Feb 05, 2021 11:31am

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Post# 32483991

RE:RE:RE:RE:RE:Investors Update E-mail is promising

HUNG....You dope...you still think EVE gets the $99 retail price and $15 retail price....NO...THEY DON'T.

DUH!!!

Hungmunculus wrote: Just trying to keep you honest with the group and yourself there BOBBY. It's like you don't even know you're LYING. Your math is just wrong your manipulating things to aid in your shite show of pessimism.

Here are two quotes from the email you have unjustly misquoted. 1. "We have sold 400,000g of flower in the 28g bag format since our launch in December." 2. "We launched two of our bath bombs in late 2020 and have shipped over 33,000 handmade bath bombs."

So that roughly $1.4 million in SALES REVENUE since Dec 2020 of the 28g bags and that's at the lowest found price of $99/bag. This not over 2 or 2.5 months as you suggested.

And yes before you say something stupid about it. The bath bombs as stated may not be sold as it does not state sold but shipped.

And since you like to nit pick. The Q3 losses are notably higher in comparison to previous qaurters due to inventory write downs. Those write downs are not a realistic depiction of future quarters opertations.

reallyBobbyZ wrote: Hey Derek, the EVE email says "total shipped for both since their launch in December/20.

That would mean at least 2 months worth of sales and maybe 2.5 months depending on actual Dec/20 launch dates.

So, divide that $800,000 by 2 = $400,000 per month.

And, remember that $400,000 per month is REVENUE...not PROFIT [Profit = revenue minus cost to grow/make].

EVE lost $4.22 million in Q3....because their costs to grow/make far exceeded their profits.

EVE has given us no indication at all that their costs have changed.

DerekVTXman wrote: Yes I agree Bob, but 40% of $2 Million is is $800K for just two sku's in one month. Much more than the $300K estimate that was posted yesterday. For a company that only had revenue of $600K in 2020Q3, it appears Q4 should be much better.