TSXV:EVE.H - Post by User
Post by
reallyBobbyZon May 02, 2021 1:11pm
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Post# 33110811
RBC is the 900 Lb GORILLA. EVE didn't meet loan requirements
RBC is the 900 Lb GORILLA. EVE didn't meet loan requirementsAt Dec 31/19, EVE didn't meet RBC's Debt/Equity requirement. RBC gave them a Waiver until April/21.
At Dec 31/20, EVE is in way worse Debt/Equity position. EVE lost $9,813,693 [Equity Loss] AND borrowed more money by way of expensive private placements [Debt Increase].
This is SERIOUS!!!