TSXV:EVE.H - Post by User
Comment by
BobbIeheadbobon May 02, 2021 8:47pm
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Post# 33111902
RE:RBC just got the 2020 Year End too. This won't be pretty!
RE:RBC just got the 2020 Year End too. This won't be pretty!Good chance RBC calls loan and try's to salvage what they can .....
reallyBobbyZ wrote: RBC loaned EVE approx $18,500,000. That loan had Debt/Equity requirements.
EVE didn't meet those requirements at Dec 31, 2019. RBC gave EVE a waiver until right now....the release of EVE's 2020 Financials.
Now, just like us, RBC gets EVE's Dec 31, 2020 financials and sees a nearly $10,000,000 loss and New Debt to private, high interest loan providers.
EVE is going to be enormously further off-side in Debt/Equity.
RBC has a big Problem!