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Supreme Cannabis Company Inc. (The) T.FIRE

The Supreme Cannabis Co Inc is a Canada-based company engaged in the production and sale of medical and recreational cannabis. Its portfolio includes products that address recreational, medical, and wellness consumers. Its brands include BlissCo, Truverra, 7ACRES, Sugarleaf, and Hiway.


TSX:FIRE - Post by User

Comment by RealistGhost21on Dec 11, 2019 8:58pm
75 Views
Post# 30446125

RE:RE:RE:RE:Rambo willy any other shorts

RE:RE:RE:RE:Rambo willy any other shortsHey OpGreen! As usual you are wrong and the trip South is far from over yet. Were are the profit for this compagny? There is none. So it way overvalued right now. Never the SP Will break $2 before Dc 2021. Please wake up and stop speculation and use a pragmatic judgment.
OptGreen wrote: Not at all Ram, per guidance the 5:1 RS approved at previous AGM will not be pursued, see in yellow below. This is an action through strength and will see the team grow sales and net margins to pay their way with short term outside cash if and when needed...and minimize dilution.

With guidance of production ramped up to ~$150mil revenue by FY2020 we should see SP in the $2.50- $3 range, continue this level of production to full production, plus additional growth on a quarter over quarter basis through FY2021 we should see sales north of $200mil in the first half of FY2021/ end CY2020 and this should see ~$5, especially if profit is realized by end of FY2020, JMHO...Opt

Supreme Cannabis Provides Guidance for Positive Fourth Quarter 2019 and Fiscal 2020

  • Anticipates net revenue of approximately $19 million and positive Adjusted EBITDA1 for Q4 2019.
  • Forecasts net revenue for fiscal 2020 to be between $150 million and $180 million, and positive Adjusted EBITDA1 for fiscal 2020.
  • The Company will not pursue potential share consolidation approved at 2018 annual general meeting.


RamboIsMIA wrote:
OptGreen wrote: These tinkerbells don't buy stock Vulc, they just hope to pick up big coin maybe even squeegee level coin for those that really excel...shorting is definately out of their league for sure.

The Trump angle would see FIRE at a $10-50SP by now, the economy would be off the charts and the socialism path to collapse  would be just a bad dream of the bygone days. I won't be holding my breath for a C-note, the $5-10 range will be just fine and we should see FIRE there or very close by CY2020, JMHO....Opt

Vulcan wrote:
supreme has already assured that there will not i repeat not be a reverse split..where do you guys come up with this sht.. we might as well all worry that trump may immigrate to canada and become our prime minister some day. We best all sell our stock based on that and move to mexico. You guys are too funny jmho

 


A $5 to $10 price target? Are you predicting a 10 to 1 reverse stock split???




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