STTCOMP EVE, FA Long
Eve Investments
Last: $0.008
Market Cap: $10m
Investment in Cannabis Honey. Announcement yesterday was not price sensitive (possibly because it was still in a trading halt?), so I believe it has stayed fairly hidden. Today it was re-instated but without an additional note re Cannabis ann, so despite the huge vol and 33% gain, I still believe it has not been picked up by everyone's radar. But now this should pop up on everyone's biggest gainers and Volume scans, so news is finally out and I expect a "true" re-rate tomorrow.
Also their other main investment is in the GlucoControl product used for the management of diabetes. Another re-rate is pending the release of a US distribution deal, and with a few US updates recently, including appointment of a US manufacturer, a deal seems increasingly close.
Lastly additional funding announced together with Cannabis ann and is to be issued at 0.006 when it was trading at par.
Two good possibilities of a price shock to the upside with limited downside risk.
