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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 bever64on Nov 18, 2020 2:23pm
103 Views
Post# 31923796

RE:RE:RE:RE:RE:RE:Is it possible

RE:RE:RE:RE:RE:RE:Is it possible"Selective and price conscious" is typical IR JARGON meaning completely open to interpretation. They were willing to sell 3,000,000 shares at .145 in oct knowing full well Q1 results. There seems to never be enough cash and safety for these companies which makes sense for self preservation. Based on the Q results.and cash position of the company there does not seem to be a need for the ATM. They should cancel it...until.then there is no incentive for serious money to flow into the commons ..in fact there is incentive to strategically utilize millions of shares in downticking and other shorting strategies in order to pick up a multiple of those on the ATM. In addition, for option issuing and insider buying the atm makes sense too
johnale wrote:

ATM was on full for October - but Craig said it's not on full tilt now. 

selective, and price conscious. 

Also won't affect insider buying. 

they expect the trading will improve this week- fwiw. 



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