TSXV:EVE.H - Post by User
Comment by
RockMaschineon Feb 20, 2021 10:17am
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Post# 32618294
RE:RBC..their waiver to EVE on DEBT Ratio expires April/21
RE:RBC..their waiver to EVE on DEBT Ratio expires April/21
RBC will continue to extend, its a paltry 18 million. No reason they wont extend or negotiate terms. I commend your stubborness to waste so much of your time to try and save other peoples money. Now April is the line in the sand, ok. So tell me, if the company has any significant amount of revenue and cash flow as of the upcoming statement, why call them out in default. The cost to RBC of being tied up with EVE trying to liquidate assets is much more of a headache than to extend another 6-18 months. The interest is still running so whats the difference. I'm prepared to load up til April. Once those numbers are out then I will make a decision based on revenue, cash position and any possible news from RBC.