Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-3

Would say the liquidators will be called in soon. Not much in the way of stock lines left in the store to actually sell. Even at the last black Friday sale it was clear things were looking grim in the store front. Shame, I actually enjoyed quite a few of the products they had when there was ample honey or probiotic options.

No money left to acquire any decent wildcard revenue generating source. All prior assets now sold off at at large losses. Disastrous attempts to capital raise. The list goes on and on... hit a death spiral a while ago and now EVE just slumbering towards the inevitable end. Glad I got out ages ago, although it was at a loss naturally. Certainly learnt a lot with this mob though for future investments.

Death by a thousand cuts with Bill Fry at the helm. Clearly no ability to adapt or pivot in the modern retail world, but seemed perfectly happy to just collect his high salary over all these years. At this point I expect him to just run the company clock down now until all the money runs out. Throw in a general blame for everything on covid and walk away. Although can't say there's any respect for the board either who seemed perfectly fine to just idle along as well collecting their money. I guess everyone was in on the easy ride, except shareholders.

Agreed ExtremeLand, a lifestyle company through and through.