Post by
Phileagles11 on Sep 03, 2020 1:55pm
NR
Come on Melinda. Give us a NR. I'll even take the same NR that you released on May 22nd announcing no material change.
Market cap is @ 17.27m and very low trading volume the last month.
Comment by
BobbIeheadbob on Sep 03, 2020 2:11pm
Add the $18 million owing to RBC and zero to negative cash balance in the account and EVE is overvalued. There's no value to any company that can't sustain their operationing budget. CCAA protection soon .....
Comment by
ratsnake220 on Sep 03, 2020 3:59pm
bobble head....please correct me if this is wrong....as i recall they had a operating line of credit of $18 million at one tme....Assuming these can be withdrawn and reviewed by RBC.....maybe they dont have that? Or Maybe Eve never used all or part of it......Can you clarify that....Appreicate your comments or others who may want to speak to the questions?
Comment by
BobbIeheadbob on Sep 03, 2020 6:44pm
They owe 18 million to RBC and have essentially paid nothing back yet. EVE doesn't have another 18 million to borrow from RBC and I highly doubt RBC would be willing to finance them any further. They are a secured creditor.There won't be anything left for them doing further financing ....