RE:RE:RE:RE:FIRE or WATER ? how the bank will perceive the risk of investing in that company? Bro.... look at their Q over Q growth. Have you asked for a bank loan personally over the last couple years? revenu and increase in revenu is all they want.
No one invested in ''those warrants'' they invested into a private placement and got a share plus a warrant. thats how it work.
If supreme will be profitable why would they need loans from banks? are you serious bro?
ever heard of business growth? acquisitions?
What are you talking about when saying they will look at Supreme Financial Engagements? Have you looked at their balance sheet?
How will they look at 17m warrants expiring? like a good thing for them.
Its interesting how much you talk shlttt about Supreme and the Banks.... yet you forgot to mention the latest BMO involvment in the latest 2.45$ debenture no warrants.
Bro you are out to lunch. you have absolutely no idea wtf you are talking about and that i guarantee you.
And you can also look at my history ive been on stockhouse since early 2014. and ive been on this stockhouse board since it was SL pre-consolidation.
gl.
RealistGhost21 wrote: IMO This is the Big Questions Qc,
I have said
before the news from Supreme about their positive Q4 few weeks ago that I was personnally in favor of keeping the SP under $1,60 till Dec Friday the 13th. (people are welcome to look at my historical post since I only post about Supreme).
I said $1,60 CAD would be great and reduce Sharedillution but now since Supreme might not be able to honor the 17 millions share in return of those who invest in those warrants in 2016 the Bog Questions remains how the Banks will perceived the risk of investing in that compagny.
Thats a double edge blade IMO and here is why:
If Supreme is expecting profitability in the futur (I means real and big) why would they need financement form Banks??? But by saying they will go through that option in the futur is raising more than one problem actually it brings up two concern.
The first one being that profit won't be enough to auto financement project in the futur which is a real deception.
The second problem is that they now refer to get financement through the Banks. Banks are not speculators in Canada and they will look at Supreme capacity to respect their financial engagment. How they would look at 17 millions warrants expiring worthless in Dec and maybe the 42 millions expiring worthless too in Dec 2021? From a Bank point of view the risk is maybe to high for them to accept giving the money to Supreme. If not the interest rate they will require is going to be extremely high which is sending the message that futur earning will be heavly taxed by those obligations that the compagny will have to respect.
As I said possibly a huge potential but the opposite is also true It could be a huge desaster incoming. As investor we have to remove emotion form analysis and this is why the SP is were it is now since 3 ago.
QcTrader wrote: brentkosta, how about raising at a lower interest multiple?
We all know non-dilutive capital is slowly stepping in and will only increase from now til next year.... plus with current economic interest going lower and lower..
What if FIRE doesnt dilutive much anymore but rather picks the non-dilutive tier 1 bank combined with organic growth?
brentkosta wrote: Those warrants are obviously going to expire worthless. Then they'll need to raise money at a much lower multiple in the new year.
RealistGhost21 wrote: It is ironic have choosen a symbole of destruction as an icon and as name for their stock. Something is wrong here with the warrants that Will expire in december at$1,70 CAD. The only way To exercice 17 millions warrants at that price would required at SP at least above $3 To absorb the high volatility price of that stock and it is would be expected the from the SP to drop around $2. Now why the SP should reach $3 when we already know what is coming for the next 2 Q? Would you like to be owner of thise warrants purchased in dec 2016? Do you think the small investors who did purchase those warrants did not believe in this compagny in 2016? Should they be concerned and be pround of how they are going to be treated by the compagny to have provided financement in 2016? IMO even if in the futur the compagny success in many years from now it doesn't mean Will know success...what happen in December 2021 when not 17 millions share are going to be dilluted but 42 millions share are going to be dilluted? Advise do your own DD. For those who invest a large stake already I recommend To stock buying and wait for the new investors here of course there is a potential opportunity To but some share but be aware of the risk in the long gun. I wish nothing bad to this compagny and also nothing bad to the current Shareolders. It was not stupid To believe in this compagny before but now it is not the time for current shareolder To promote the compagny but to the compagny To promote properly itself and in order to do so it needs To perform a miracle.