Post by
elguyu7 on Nov 07, 2019 10:17pm
Guess what Cannwest
The example i gave was only the tip of the iceberg. This might come as a surprize to you but the natives are spread all across canada.Then ofcousre let us factor in the illegal poroducers that supplied the country for years and years and also do not pay tases and have little overhead. and are selling their product much cheaper.When the USA does make pot legal they will bury our greenhouses which cannot even make a profit now Let us go back to the natives for a minute. Wil they put Vega out of business. No ofcourse not.Tell me have you ever heard od the Seminoles?. They are the tribe from Florida that controls all tha gambling there and owns a large % of the state How about Mexico, South America. Africa. and europe itself. Tell me do you really think they cannot grow it there, it is just a weed DUH. OH YA. One more point if i may. Most of these people to not need multi million dollar green houses
Comment by
Positivelive1 on Nov 07, 2019 10:20pm
Wow, you really have an issue? You must have purchased EVE at .60 cents and ticked off! please refer to our Canadian friends as First Nations. Your terminology is horrible and speaks volumes about the kind of person you might be!
Comment by
elguyu7 on Nov 07, 2019 10:45pm
What are you talking about. I have many life long native friends that i grew up with and respect as they do me. How about you?
Comment by
PatrickBateman on Nov 07, 2019 11:33pm
This post has been removed in accordance with Community Policy
Comment by
cannvest on Nov 08, 2019 9:15am
Well if your so sure Eves greenhouse will be unprofitable (last time I checked they turned a profit last q) then what are you doing here talking trash? Your argument is weak sauce, try a bit harder next time chump.
Comment by
Spectra7 on Nov 08, 2019 2:36pm
Looking at the NR for 3 and 6 months ending June 30/19, it reports a loss of $600K.
Comment by
cannvest on Nov 08, 2019 3:08pm
I too can pick and choose according to my bias and the 3 month ending was a PROFIT of 363,520.
Comment by
Spectra7 on Nov 08, 2019 4:29pm
cannvest, I was responding to your post...you stated that to the best of your memory, Eve was profitable in the last Q..that was incorrect. It's not an argument, it a fact. If you make your investment decisions based on micro statements that's up to you. Simple math supports my post...net loss..FACT!!!
Comment by
cannvest on Nov 08, 2019 4:50pm
wtf are you looking at?? Net for three months ending june 30 was 330k for that quarter period. Fact.
Comment by
PatrickBateman on Nov 08, 2019 5:00pm
This post has been removed in accordance with Community Policy
Comment by
Goldy63 on Nov 08, 2019 4:53pm
Why not post the number Spec ? If I recall ithe loss was around a million $ where as the q previous was around 8 milion so would look like EVE is turning the corner to profitability . Even some small green next Q will be a good thing as the market is looking for profitable companies . That Q is comming around soon . TGIF . JMO.
Comment by
cannvest on Nov 08, 2019 5:01pm
Goldy, the 3 month net income after expenses was 330k positive for the last q. Its right there on the financial statement, but apparently spectra needs some spectacles...I was only referring to the last three months but some people love to argue against positive results around here.
Comment by
MJVigilante on Nov 09, 2019 4:18pm
I hope if financing is required it comes in the form of debt rather than equity. i'd support that fully. An equity raise in the current climate would be very costly. We (EVE and its investors) need sales!!! lets hope they come in Q4,
Comment by
ZENAmonEY on Nov 09, 2019 4:29pm
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Comment by
CleverInvestor2 on Nov 09, 2019 5:41pm
Why would we need financing? We still have lots in the bank and we're not losing tens of millions like other Mj companies.
Comment by
Spectra7 on Nov 09, 2019 6:35pm
After reviewing EVE's last financials I'm still not 100% convinced that the working capital reported at $11m will be enough. It's very hard to calculate their burn rate during this last building segment. IMHO, just something to take into consideration while we move forward.