Eve & Co Inc V.EVE.H

PUMPER "annoyed" by 5 TONS to NextLeaf being Written Down!

[reallyBobbyZ]

Unbelieveable!

GreenSavage seems to think 5 tons of old, potency reduced MJ sent to NextLeaf to be made into distillate is good news for EVE's Financial position.

EVE uses average RETAIL PRICE to value its INVENTORY.

EVE will "share" in any profit made by NextLeaf when it sells the distillate.

EVE will get a MUCH REDUCED per gram price for this 5 tons. Way below the "average retail" EVE has it valued in its books,

This will result in a HUGE Inventory Writedown. That hurts EVE's financial position. 

BRUTAL BIZ FACT.

Cheers,  Bob

[Greensavage]

BIZ FACTS bobo! You got no idea what type of profits come from the 10k lbs of mj sold to next leaf! You keep guessing silly bobby! So now that your caught spreading lies can you just leave before I embarrass you more lol you used to be better than this.

[reallyBobbyZ]

GS...no one knows what 'effective price/gram" that EVE might get from their "share" of converting the old, potency reduced MJ with NextLeaf.  If the price/gm was better than regular retail, everyone would be growing MJ to convert to distillate with NextLeaf. BUT, old reduced potency MJ converted to distillate with any profit "shared" means the price per gram

[Greensavage]

so what your saying is if you were in charge(ceo) youd rather have it sit, reduce its potency further, lastly store it/maintain it, keep it on the books.

[Greensavage]

bobby, it's now the weekend. I apologize for saying you suck d I c k. That's not very nice. I'll keep it civil. My deepest apologies!