RE:RE:RE:RE:RE:ArticleYou’re a bigger man then me Opt…
FastLane, the doom and gloom you paint is fascinating, but you’d get more respect from the board if you came out and gave the real reason you’re on here fear mongering. At least then we can all pick sides and go with it, but all you do is contradict yourself with tidbits of positive laced with negative. Peddling organic cocaine is all you’re doing buddy….
For those that haven't done their research, this
"Company" has existed under many names and
since 1979 – But our history didn’t start until the company was reborn as John Fowlers “The Supreme Cannabis Company”
$fire – bit of a historical phoenix metaphor happening here. The Company went from an exploration – zero income – zero value added company to a real success story after John took it over. Quality is king in this industry, and this is really the only company executing exactly that and more.
Don't let the trolls get you...
OptGreen wrote: Nothing to do with enthusiasm Fast, I just see the value in this company, in this sector at this time...the previous RS was more through weakness as they had handed out too many shares with little guarantee of success but plenty of hype/ hope. I started investing post split, fully prepared to take some short term gain and leave a small position if things looked favourable.
This is a much different situation and company now and there is no need to implement the split because of weakness, as the company has assured in print and in discussions that I and others have had, that the split is not a given but an option if required....I don't think that it will be necessary if they get the sales meeting or exceeding targets in the near term. If we see $250-300mil a year sales volume in the first half of next year there should be no concern with the current, or reasonably close to, share count.
I don't agree that current SP reflects "growth prospects" at all, not even close, current SP is close to FMV now with much higher SP levels as targets are met and fuel in the pipeline is realized...I do agree that everyone needs to do their own DD, that is a given and it they don't understand that they shouldn't be investing in stocks as they will only get hurt.
I am bullish on FIRE because of the quality of product, the balance sheet now and especially going forward, and Fowler and team's business plan and commitment to a top shelf quaulity company and product...I would love to the SP at much higher levels but when it is justified and sustainable, as always JMHO...Opt
Fastlane2 wrote: Hey Opt, I get your enthusiasm, but they did do a RS hence the fear of possibly doing one again. The share price has been stagnant compared to others and yes your correct Supreme's share price probably does reflect it's current growth prospects but I believe all investors need to do their DD, for current shareholders FIRE better have a blow out quarter and that will only support the current share price. The month of May is upon us and you know what they say about May in the stock market. Good luck longs but I can see why some shareholders are frustrated, over promise under achiever.