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Bullboard - Stock Discussion Forum Eve & Co Inc V.EVE.H

Eve & Co Incorporated is a Canada-based company, which holds cultivation and processing licenses for the production and sale of various cannabis products, including dried cannabis, cannabis plants and extraction of cannabis oil. It is a licensed producer of medicinal marijuana. It also provides educational information and online support for its customers and first-time buyers. Its products... see more

TSXV:EVE.H - Post Discussion

Eve & Co Inc > Reality Setting in.....Eve is never going to succeed.
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Post by ttboy29 on Jan 22, 2021 11:08am

Reality Setting in.....Eve is never going to succeed.

I had high hopes for Eve when I got in years ago, but it is clear that this company can't actually deliver on anything and is destined to fail. A loan they can never pay back,no revenue, no supply aggrements, Germany failure. There are no catalysts coming to save this company.

There are an awful lot of people wasting a ton of time bashing this worthless piece of garbage stock. Mellinda must have really peeved off a bunch of people to get the constant barrage of attacks. It is easy to bash EVE, I just dont understand the ROI in doing so.  

EVE is clearly in big trouble with virtually zero chance of recovery. I guess a bit of money can be made shorting this on its death spiral. other than that Eve is a complete waste of time and for me money as i willI will never see my post rs $2.60 average met again.

I wish i was wrong, but Reality Setting in.....Eve is never going to succeed.
Comment by MJVigilante on Jan 22, 2021 1:30pm
It may be true, that is precisely why risk is high and rates paid are high.  Look at the latest thing to happen to ZENA (which by the way i feel is good news) TD gives them a revolving LOC at prime plus 7.55% or 10% whichever is greater.  (min 10%)   Melinda has similar risks with this business and gets 10%, why all the greif.  The news gets ZENA to go up, while EVE gets ...more  
Comment by reallyBobbyZ on Jan 22, 2021 1:58pm
Hey MJ....the difference is that a BANK gave ZENA the LOAN. EVE is not "bankable" right now. RBC gave EVE "a pass" last Summer when EVE didn't meet the requirements/ratios of their loan and that "pass" expires in March 21 [as memory serves]. And, EVE didn't pay "10%" for a loan....on the "Mel R" money they pay 10% interest and ...more  
Comment by ttboy29 on Jan 22, 2021 2:38pm
I will stick it out. Just voicing my frustration with where we are.
Comment by MJVigilante on Jan 22, 2021 3:13pm
i wouldn't get my hopes up in between.  this stock gets no attention from $$$.  Volumes are poor, any flucutaion is purely by accident.  Q4 might show some hope, but Q1 should be better, and Q2 better show life. They don't release much on FB becauuse they fear they would be providing insider information unless its in a NR or something.  Because i'd love to know ...more  
Comment by reallyBobbyZ on Jan 22, 2021 3:48pm
Hey MJ... IMO....Q4 will be just as bad as Q3. Huge losses and inventory writedowns....like the 5,000 kgs of old weed sent to NextLeaf after Q3...that might get them 25 cents/gram [eventually] IMO....but was valued at $1.21/gram in Q3 financials...that will potentially be a $4,000,000 plus inventory writedown by itself. And, have you seen any photos [with time stamps/dates] of weed growing at ...more