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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

Supreme Cannabis Company Inc. (The) > Not even able to sale their products
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Post by RealistGhost21 on May 19, 2020 9:51pm

Not even able to sale their products

A mearly 2000kg sold during Q2. Supreme was lucky to have 2 extra provinces as costumer during Q2 like Quebec. Also Supreme was lucky to benefit a short increase in sale at the and of March but still even with this luck they were not able to sale more than 2000kg which mean the compagny trow your money into the Fire. Such a pity. Law suit coming soon against this Supreme crook compagny.
Comment by RealistGhost21 on May 19, 2020 9:52pm
Only 2000kg sold during Q3. Supreme was lucky to have 2 extra provinces as costumer during Q3 like Quebec. Also Supreme was lucky to benefit a short increase in sale at the and of March but still even with this luck they were not able to sale more than 2000kg which mean the compagny trow your money into the Fire. Such a pity. Law suit coming soon against this Supreme crook compagny.
Comment by Stongy79 on May 20, 2020 8:34am
Sorry Realist why is Supreme a crook company?? They haven't lied or cheated or had any product go missing in shipment , the only thing they have done is be overly optimistic on revenue which has hurt us longs but we will be a survivor in the long term! 
Comment by Method on May 20, 2020 8:55am
  You can survive or choose to thrive with FIRE.DB. $1000 of par value bonds cost less than a 1000 shares right now. It's insane to me that people who act like they believe in the Supreme fundamentals want to pass on 4x their investment to take the chance that the equity does better. If you think there is a reasonable chance that FIRE equity is up from here in 18 months, you should ...more  
Comment by Vulcan on May 20, 2020 9:04am
method get over your debenture sht.. your constantly selling your garbage trying to drive everyone to move to debrntures.. everyone makes their own choices.. there is stleast 3 camps.. shorts.. debentures.. and investor's.. in comparison i see a small infestation of shorts.. huge team of investors and you on debentures.. why is this.. have your other debenture friends speak up.. why is it only ...more  
Comment by johnale on May 20, 2020 9:20am
I think methods logic is there - If you believe in the company - the debentures pose a great investment from a return perspective. and method believes he will get a liquidity event by maturity.  Given the recent action on debentures in the sector - looks like there has been an effort to eliminate them - albeit the maturity date of these debentures were much farther into the future. But they ...more  
Comment by OptGreen on May 20, 2020 2:04pm
Agreed joh, Beena is going to get much more aggressive on the debenture and outstanding share excess but that is going to take green and time so maybe a combination of your scenarios but whatever the case she will be on that end as funds are made available. I think the timing of her taking the reins, the NRs, Israel sale, new product lines, etc all coming early in FQ4/20 on top of current quarter ...more  
Comment by Vulcan on May 20, 2020 2:21pm
fully agree opt. ive always thought method and brent are just a higher tier. level of shorts. maybe a little mire cleaver.. using dif angles. playing both sides of the fence.. all with the same goal mind you.. have the longs bail on the company and sell. all resulting in posible lowering of share price.. a short win... i inagine if all the longs here sold it would be quite substanial.. jmho cheers
Comment by Method on May 20, 2020 9:28pm
it's all true. All I want is for the stock to go up and the company not to go bankrupt. Apparently not something that is congruent with Vulcan and Opt's outlook.  Plus do either of you understand reflexivity?   
Comment by Vulcan on May 20, 2020 9:40pm
the company is far from going bankrupt... you say your pro supreme.. preach it then put a neg comment in there to raise possible concern in some investors.. cheers see you tomorrow.. what time does your shift start
Comment by Method on May 20, 2020 10:23pm
  That what I'm saying. You just don't understand what I'm saying. That's why I asked if you understand reflexivity. I know all you want is positivity and I am telling you that no long term institutional investor worth his salt is going to touch the equity unless the bonds are closer to par. Think about what a high yield bond trades at 1 year from maturity. Even if the ...more  
Comment by brentkosta on May 21, 2020 9:01am
This post has been removed in accordance with Community Policy
Comment by Method on May 21, 2020 9:16am
I would probably sell some but not all on the way up depending on the reason for the rally. If it's because the company agrees to buy some back at 75 for stock and warrants, I probably wouldn't be selling any at 50. I change my position depending on the risk/return. I know that is not a strategy used on this board. I still don't understand why you bash the common and then say you ...more  
Comment by brentkosta on May 21, 2020 9:35am
This post has been removed in accordance with Community Policy
Comment by Method on May 21, 2020 10:02am
Actually, it only cost $27k to buy $100k of debs to get the $8k in interest. It's surprising you don't understand that.  I'm willing to bet recovery is more than 19 cents based on the current set up. The market cap is $100m so along with the ATM, they could sell stock and warrants to guys like Vulcan through secondaries or private placements which will help the recovery value ...more  
Comment by brentkosta on May 21, 2020 10:30am
This post has been removed in accordance with Community Policy
Comment by Method on May 21, 2020 10:53am
Good luck
Comment by johnale on May 20, 2020 2:59pm
Ya OPt - Ill give method the benefit of the doubt - He for sure has debentures - and obviously he wants them to go up - at the expense of the equity or not - he just wants his money back.  but ya who knows - he is making his case either way - I try to stay pretty measured so I listen and evaluate and get good outside advice where necessary.  All the other usual suspects are just plain ...more  
Comment by OptGreen on May 20, 2020 11:27pm
Fair enough joh and he is of zero consequence to me either way and the rest of the lowlife are just noise I don`t need as they will have no impact when Beena gets this show show on the road...it is just poor quality people that would try to gain folks trust only to screw them over. Shorting is all part of the game, it is just that sleezy chicken shite constant done of bullshite that eats away at ...more  
Comment by Method on May 20, 2020 9:33am
  The company pays promoters to pump the equity. Then there are people like you who either don't understand debentures or don't want to. Equity doesn't go up long term without the debentures getting to par. You are the last person who should be cheering against the debentures if you actually believe the stuff you write. Reflexivity is real.  I think most of the shorts ...more  
Comment by brentkosta on May 20, 2020 8:51pm
This post has been removed in accordance with Community Policy
Comment by RealistGhost21 on May 20, 2020 9:17am
Ok they said the revenue for 2020 Will be between $150 and $180 millions. They only have approx 8000kg in inventory while they shall have more than 3 times that. They said they are producing at full capacity while it absolutly not true because they only achive 4000 kg per semter in production. They refused to explain how they lost the $24 millions in triming while it is obvious there is fraud ...more  
Comment by RealistGhost21 on May 20, 2020 5:34pm
Oh interesting I've heard from that board that SP break the $0.30 cents...well this is not true it is $0.29 cents...another buch of people who tells fake news. Look at Chris Parry tweets form 22hours ago full of #$%?  [/quote]
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