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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 > WOW!...absolutely WOW!...what we didn't know.
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Post by reallyBobbyZon Mar 25, 2022 10:24pm
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Post# 34547562

WOW!...absolutely WOW!...what we didn't know.

WOW!...absolutely WOW!...what we didn't know.I just skimmed through "The Application Records" for the CCAA action by EVE etc (Natural Medco is their owned "grower").

The "stuff" we never knew about....and I'm not sure why it wasn't materia/disclosed to shareholders....

April 9/21     RBC letter to EVE etc that tells EVE they are in default of     several key terms and RBC appoints BDO to look after RBC's interest. Also, RBC says EVE etc are in arrears to Canada Rev Agency for $162,000 HST and $508,697 Excise Tax. And RBC says Eve is in arrears to Enbridge for $780,901 and Hydro One for $208,761. This stuff is about a year ago and did retail shareholders hear a single word about it?

July 16/21 Hydro One gets a judgement against EVE etc for $945,588 for electricity arrears. A repayment "plan" is created. Why wasn't this disclosed? It was a legally binding judgement against EVE etc.

This is just the start of EVE's woes....if you have time, read the BDO info online....hundreds of pages of legal documents needed for the CCAA filing.



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