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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 G1945Von Apr 14, 2021 4:23pm
166 Views
Post# 32994752

RE:RE:Vote

RE:RE:Vote For what its worth:

If this arrangement is approved by the shareholders, the best senario for FIRE shareholders is for FIRE SPP to decline as much as possible between now and June 30, 2021 and for WEED, SPP to escalite as much as possible. My thought about FIRE SPP to decline between now and June 30, 2021 is that it gives time for FIRE shareholders to buy more shares within that time span and to take advantage of the 66% premium, from the SPP of  FIRE on April 7, 2021.

Closing price of FIRE on April 7, 2021,$0.265 X 66% = $0.44 CAN. 

SPP below $0.44 is a bonus towards the exchange ratio come June 30, 2021. Obviously one needs to wait to see how much the SPP for FIRE will be by June 30, 2021.

"Assuming timely receipt of all necessary court, shareholder, regulatory and other third-party approvals and the satisfaction of all other conditions, closing of the Transaction is expected to occur by end of June 2021."

Thoughts?


jMO
G1945V


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