Eve & Co Inc V.EVE.H

How is it possible.....

[Buttzz]

.....with the cash position of less than $400K as of Sept 30 that this company is still in business as of today?

Or is that the next news release?

[reallyBobbyZ]

When it's this BAD....firms pay bills only to those who can close them down. Anyone is else is in trouble. Pay the bank loan...Pay the staff...Lay off staff...Wait for a receiver to show up. Or, hope for a "Hail Mary" from a saviour. JMO....Bob

[Buttzz]

If there is a Hail Mary saviour that will still result in massive existing shareholder dilution.  That's the best case scenario I'm afraid at the moment. I have a feeling that this "significant" shipment to  Germany might actually be fairly material but they won't tell us how much as they want the share price held down to make it more attractive to secure a deal

[skier59]

Ah damn, I really didn't feel like looking over Financials tonight ! When will Bimbos learn the correct time to release Reports that might not be favourable to the Market, ??? I really wanted to be doing something else tonight ! Oh well, sounds like the SP might get trashed tomorrow at the open, have to decide if I fold, or hold and add? Are any MJ Companies making profits yet ?

[reallyBobbyZ]

I hear you Butzz....but that would be some fairly drastic manipulation by "insiders" that would spark a class action suit by "joe average" shareholder. Not likely....or smart. JMO....Bob

[Buttzz]

Certainly not smart..agreed. but probably more likely than one might imagine given the circumstances.  Desperate people do desperate things and that especially includes businesses where millions are at stake. No guidance.  No mention of what the "significant" German sale was in Q4 in the MDA. No conference call to discuss results I am aware of. Barring a follow up news