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Bullboard - Stock Discussion Forum 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 Discussion

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Post by RealistGhost21 on Aug 30, 2019 10:17am

FIRE or WATER ?

It is ironic have choosen a symbole of destruction as an icon and as name for their stock. Something is wrong here with the warrants that Will expire in december at$1,70 CAD. The only way To exercice 17 millions warrants at that price would required at SP at least above $3 To absorb the high volatility price of that stock and it is would be expected the from the SP to drop around $2. Now why the SP should reach $3 when we already know what is coming for the next 2 Q? Would you like to be owner of thise warrants purchased in dec 2016? Do you think the small investors who did purchase those warrants did not believe in this compagny in 2016? Should they be concerned and be pround of how they are going to be treated by the compagny to have provided financement in 2016? IMO even if in the futur the compagny success in many years from now it doesn't mean Will know success...what happen in December 2021 when not 17 millions share are going to be dilluted but 42 millions share are going to be dilluted? Advise do your own DD. For those who invest a large stake already I recommend To stock buying and wait for the new investors here of course there is a potential opportunity To but some share but be aware of the risk in the long gun. I wish nothing bad to this compagny and also nothing bad to the current Shareolders. It was not stupid To believe in this compagny before but now it is not the time for current shareolder To promote the compagny but to the compagny To promote properly itself and in order to do so it needs To perform a miracle.
Comment by brentkosta on Aug 30, 2019 10:19am
This post has been removed in accordance with Community Policy
Comment by QcTrader on Aug 30, 2019 2:14pm
brentkosta, how about raising at a lower interest multiple?  We all know non-dilutive capital is slowly stepping in and will only increase from now til next year.... plus with current economic interest going lower and lower.. What if FIRE doesnt dilutive much anymore but rather picks the non-dilutive tier 1 bank combined with organic growth?    
Comment by RealistGhost21 on Aug 30, 2019 2:46pm
IMO This is the Big Questions Qc, I have said before the news from Supreme about their positive Q4 few weeks ago that I was personnally in favor of keeping the SP under $1,60 till Dec Friday the 13th. (people are welcome to look at my historical post since I only post about Supreme). I said $1,60 CAD would be great and reduce Sharedillution but now since Supreme might not be able to honor the 17 ...more  
Comment by QcTrader on Aug 31, 2019 6:01am
how the bank will perceive the risk of investing in that company? Bro.... look at their Q over Q growth.  Have you asked for a bank loan personally over the last couple years? revenu and increase in revenu is all they want. No one invested in ''those warrants'' they invested into a private placement and got a share plus a warrant. thats how it work. If supreme will be ...more  
Comment by RealistGhost21 on Aug 31, 2019 10:36am
Calm down Qc,   The way you wrote let me guess that you are probably in anger that the SP is a mess and everyone that might raised concerned about the company my be perceived like traitor and I understand it. Being blind doesn’t help anyone here. But this is not a reason to be angry at me Qc after all I’m in the same boat. But because I want to help a little about some points you just ...more  
Comment by Toorealistic5 on Aug 31, 2019 11:46am
This post has been removed in accordance with Community Policy
Comment by QcTrader on Sep 03, 2019 8:18am
Toorealistic.... may i ask if your relative with Toohip?   
Comment by QcTrader on Sep 03, 2019 8:16am
Hilarious is all i come out with. i have 150k shares @ .25c i am not going anywhere. and plz look up laws-lois.justice for an idea on my ROI. 1-You certainly havent been around the marijuana stocks long enough to understand what it takes for financial institutional and funds to step in those marijuana stocks. You dont have to point out a law reference for that. laughable. 2-ill have to say ...more  
Comment by George141 on Sep 03, 2019 9:01am
..Toorealistic...or "toots" for short...used to work for Mutual of No Comprendre.he's function on the tele was to repeatedly say to irate customers "Si seignior"
Comment by RealistGhost21 on Aug 30, 2019 10:27am
I did some typo correction form my previous email. Sorry the auto french corrector on my cell phone is killing me!
Comment by OptGreen on Aug 30, 2019 2:35pm
There is no destruction here RG, quite the opposite with projected sales/revenue increases of ~$5mil+ per quarter through fiscal 2020....with transition to full inhouse packaging complete by fiscal Q3/20 sales will increase exponentially from there. They dumped the RS option and will grow the company organically from here and with revenue north of ~$30mil for fiscal Q2 a $3 SP is definately ...more  
Comment by QcTrader on Aug 30, 2019 2:12pm
im not expecting the share price to be over 1.70 by the time those will expire. after that IMO it will be green sky for FIRE.  q over q growth, cash in the bank, no dilutive securities at lower price.  Should be in for a nice incline back to all time high... and then lets see where we settle back.  
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