Eve & Co Inc V.EVE.H

EVE's BIGGEST PROBLEM....GOING "CASH" negative/BURN

[reallyBobbyZ]

From Eve's Q2 Financials [June 30/20 for 3 months prior].... Eve went "cash negative" $2,503,410 in Q2 [April/May/June]...which averages $834,470 per month of spending more than money received..."cash burn". At June 30, EVE had $1,042,011 cash on hand. That would have lasted about 5 weeks into Q3 if they continued with the same sales/expenses. So, at about August 8 EVE would have used up all its cash reserve. What happens then? Eve would try to lower expenses and slow down/not pay certain payables/debts. As of today, EVE is over 3 months into NEGATIVE CASH/BURN. If EVE's cash burn continued at the same rate, Eve is now about 3 months times $834,470 = $2,503,410 cash negative if operations were same as Q2. Question....what suppliers/debts are not getting paid on time?

[Greensavage]

see how you just assume things bob. That's why no one takes you seriously! Maybe bite your tongue, and just wait till you see the next q

[reallyBobbyZ]

Hey  GS....that post was HARD FACT! REAL INFO. OPEN YOUR EYES!!!

[Jerrysbro]

hey bobby boy your back to spread more rumours , you never learn

[Greensavage]

no it wasn't. It was you assuming ! # yawn

[Fishercat1]

Q2 Bob ??. Yawnnnnn old news  . Been plenty of new revenue streams since then so would expect we breaking even this Q or a small uptick in profit . Anybody with a brain that saw news yesterdays news  knows that massive sales and $$$ are coming and yup Q1 , 2021 ohhh baby will shock the market . Hey just read up on the contracts and see for yourself . Big bucks acoming yup . People can