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Ann: Pause in Trading, page-16

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LootFrost

110 Posts.

17

11/07/19

12:57

Post #: 39475565
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Originally posted by Gentle Ben: ↑

They actually clearly stated they were looking to raise capital.

2. Has EVE taken any steps, or does it propose to take any steps, to raise further cash to fund its operationsand, if so, what are those steps and how likely does it believe that they will be successful?
As included in its Appendix 4C for the March quarter, there are expected inflows from revenue for the June quarterto fund operations as well as the existing cash reserves.Additionally, the Appendix 4C stated that EVE is in advanced discussions with potential strategic investors to providefurther funding to meet the capital requirements of EVE’s business which is expected to be completed in this quarter

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thanks gentle bun! That’s more hopeful since it is a strategic; then just a public CR. They won’t release a public CR right?

EVE Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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