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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 > Investors Update E-mail is promising
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Post by DerekVTXman on Feb 05, 2021 12:57am

Investors Update E-mail is promising

despite the conversation here in this cess pool.  Wheather or not some one has a personal beef with Melinda I see no reason to twist the facts into something they are not.  
The bath bombs and the 28 gram bags have been out for 1 month (Not 2).  According to the e-mail they have sold over 400,000 grams in the bags (15K x $100) = $1,500,000  (minus costs), and 33K bathbombs (33K x $20) = $66,000 (Minus costs).  Just those two products alone accounted for $2 Million in product sales in 1 month.  I would say that is very promising. 

Bashers have been relentless on this page and spewed over into a few more.  I do belive that it has prevented new investors from buying eve and have driven longs to sell out of fear.  It has hurt many investors that have invested a huge portion of their savings into this company  that they believed in.  You have hurt the company by driving the share price so low that the company has been unable to raise any funds at a critical time.  

I am convinced that Eve will succeed and you fellas have actually done me a favor by allowing me to get a substantial number of shares at a very cheap price including some for 25 cents the other day. 

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Comment by MJVigilante on Feb 05, 2021 8:06am
i agree with much you say and how you feel, but think your math may be off. thats about 14,300 bags.  Also they retail for $100, take 40-50% for retail (OSC) you are down to 50-60$, remove $1 gram excise and you are left with $22-32 bag wholesale.  = 315-467,000 in ales on that product. Similar for bath bombs - i bet they receive $10 or less per bomb. Regardless i think it is a very ...more  
Comment by DerekVTXman on Feb 05, 2021 10:04am
I agree man.  It all makes zero sense, but nothing with the government seems to these days.  I can't even watch a Youtube video without seeing an add for one of the black market companies.  The government has done nothing to level the unfair playground.  You would think if anyting they would want LP's to succeed as these companies and their employees pay taxes.  ...more  
Comment by reallyBobbyZ on Feb 05, 2021 8:24am
Hey Derek, Your post uses the retail selling price of both the 28 gram bags and the bath bombs as revenue to EVE.  That doesn't happen. EVE doe not get the retail price. For example a $100 bag of 28 gram bud would get them $3.57 per gram.That doesn't happen here in Canada.  EVE would be lucky to get 40-45 percent of the retail price when it invoices the particular agencies it ...more  
Comment by DerekVTXman on Feb 05, 2021 9:55am
Yes I agree Bob, but 40% of $2 Million is is $800K for just two sku's in one month.  Much more than the $300K estimate that was posted yesterday.  For a company that only had revenue of $600K in 2020Q3, it appears Q4 should be much better.
Comment by reallyBobbyZ on Feb 05, 2021 10:13am
Hey Derek, the EVE email says "total shipped for both since their launch in December/20. That would mean at least 2 months worth of sales and maybe 2.5 months depending on actual Dec/20 launch dates. So, divide that $800,000 by 2 = $400,000 per month. And, remember that $400,000 per month is REVENUE...not PROFIT [Profit = revenue minus cost to grow/make].  EVE lost $4.22 million in ...more  
Comment by LionWhisperer on Feb 05, 2021 10:23am
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Comment by Hungmunculus on Feb 05, 2021 11:02am
Just trying to keep you honest with the group and yourself there BOBBY. It's like you don't even know you're LYING. Your math is just wrong your manipulating things to aid in your shite show of pessimism. Here are two quotes from the email you have unjustly misquoted. 1. "We have sold 400,000g of flower in the 28g bag format since our launch in December." 2. "We ...more  
Comment by reallyBobbyZ on Feb 05, 2021 11:31am
HUNG....You dope...you still think EVE gets the $99 retail price and $15 retail price....NO...THEY DON'T. DUH!!!
Comment by BobbIeheadbob on Feb 05, 2021 11:37am
Bobby , talking to him is like talking to the wall ......quote=reallyBobbyZ]HUNG....You dope...you still think EVE gets the $99 retail price and $15 retail price....NO...THEY DON'T. DUH!!! [/quote]
Comment by Hungmunculus on Feb 05, 2021 11:47am
We haven't had the pleasure of talking yet alternate Bobby account. however if you side with Bobbyz you're just another liar. [/quote]
Comment by Hungmunculus on Feb 05, 2021 11:44am
You're an idiot BOBBY. I didn't say they do. There's a reason I put in BOLD "SALES REVENUE" as you said earlier that is not profit and I didn't say it was.I did that special for you, so you could read it but apparently I'll have to try harder. But you don't actually know the metrics of what the actual net profit will be and you're just making shite up. You sir ...more  
Comment by BobbIeheadbob on Feb 05, 2021 10:23am
Losing $500,000 to 600,000 wasn't enough for you ?  It's very difficult to feel sorry for someone like you ......
Comment by BobbIeheadbob on Feb 05, 2021 10:26am
And that's 500 to 600k that you just lost on EVE. That said , it's very difficult to believe anything you actually say taking that into account.  ......
Comment by LionWhisperer on Feb 05, 2021 10:35am
This post has been removed in accordance with Community Policy
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