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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 Methodon Jan 27, 2021 10:24pm
170 Views
Post# 32406391

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Supreme covenants intact - likely hit 2mil+ ebita

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Supreme covenants intact - likely hit 2mil+ ebita

The debs participate 1 for 1 with the stock above 28,5 cents plus the interest and accretion debentures but I understand what you mean. 

My point was that they had to dilute to give the stock a shot at getting to 45-50 cents now.

johnale wrote:

.45-.5 cents if we hit 14+mil rev and 2mil+Ebita. Keeping pace for 62+ mil rev for 2021. 

I have to disagree with you slightly here. 

I have 50/50 debt equity position in fire. Ultimately - while I like the extended maturity, I'd still rather have the big capital gain with a fast moving stock. 

ceo can be measured on many different indicators, stock performance should be at or near the top. 

she ultimately has to make shareholders money, otherwise what's the point. 

 

Method wrote:

 

What if the stock was very overvalued then?

From my perspective as a debenture holder she has done good things by extending the debt maturity profile and dramatically improving the balance sheet. I think those moves also made the equity more valuable even though the price is lower.

The bonds at the time were trading at 25.5. That package is worth 51 now plus interest.

The question, of course is, what's the equity worth now?

 

Pedal2themetal7 wrote: When Beena came onboard April 27 2020 I believe the stock was .29, almost a year later we're sitting at .17 with no idea where this company is heading.

Most companies have faced major restructuring and some of them complete collapse, but numerous have almost reached 52 weeks highs, have instilled confidence within the investigating community, sharing the direction of the company while retaining restricted information maintaining a competitive edge.

Supreme have issued all those shares to management, we're sitting at .17 and everybody is in the dark as to where this company is heading.

Is this suppose to attract investors? IMHO

 

 





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