Supreme Cannabis Company Inc. (The) T.FIRE

No to Reverse Split!

[Gringotts]

A reverse split more often than not leads to share depreciation. If the company is thinking of consolidating shares to increase share value, might I suggest, as an alternative, a share buyback. FIRE has money in the bank and can execute such a buyback, and the buyback will reduce the float depending on how its structured. 


I say NO to a reverse split!

[theTransporter]

I'm voting NO to this.  It will take 50c climb to give you the same gains that a 10c climb will do today.  I haven't seen any other company needing to do this to get where they are today. They need to grow organically and not artificially increase the share price. To me this as an indicator they plan to create more dilution. 

[tongyboi]

no rs

[solarcradle]

I would not be happy with a RS if this is a plan to create more dilution in the near term

[OptGreen]

Agreed Grin, share buy back is the way to go....they will be getting flush with cash 12- 16mos out and generating north of $20mil per month in gross revenue. But there are still more shares to be added as all previous raise options are due and exercised as well. There are plenty of avenues of opportunity around the globe as cannabis is getting recognized and being accepted more and more in the

[nearnorth101]

To be listed on the TSX for some reason I thought that a companies share price needs to be $5 + for a certain amount of time. anyone have any info about that?

[theTransporter]

No true.  Look at Bombardier for example.