Supreme Cannabis Company Inc. (The) T.FIRE

Just jumped in

[aurorahigh]

Started a small position in Fire today.  I didn’t take a deep dive yet but recent Qs release do show they’re turning things around.
with 20m cash , 11m net revenue, I think they’re trading at a discount to assets.  
Ive been around this sector long enough to know it’s not enough to move the needle but am I really missing something here?

[Method]

The converts (FIRE.DB) are a much better bargain especially if you are using the balance sheet as your rationale for the purchase.

[watchmeplz]

In my opinion, your missing the legislation, another licensing type available that competes with LP license, the mass surplus in the market, tremendous competition including native owned stores and the inability to break even without using "adjusted" numbers. High capex, with extremely long sales cycle, mixed with generally long lead times to the consumer, with Health Canada's

[aurorahigh]

To be fair many companies fall into that category still.   We have seen some casualties along the way last few years.  Surprisingly not as many as I’d of thought. The past is the past and  they’re making a good effort to right the ship.  I’m interested to see what they can do over next few quarters.  Right or  wrong there are still some value plays out there and I

[OptGreen]

You see it pretty clear aur, it is all in the "am I really missing here?"...it is because it is all in process, with no frivolous info posting along the way of which is hard for many to accept and default to the negative for lack of understanding the way it is or just weak attempts at manipulation. If you read the previous quarterly reports and focus on the guidance and any info from

[aurorahigh]

Well said.  I agree that they’ve not resorted to pump pieces and focus on executing.  I have the weekend to go more through this companies history but also intrigued that they are interested in m&a which just adds to my interest in the,.  Gl

[OptGreen]

The transition a year ago is the key to where we will be,,,Moore, La Brier et al made to move to CPG from B2B and brought Beena on board we will be seeing the huge benefits from this move starting to take shape this quarter and exponentially for some time to come. Beena has plenty of pertinent experience on the management side and on CPG operations and the organic production side from Hain

[Pedal2themetal7]

You said the samething about John and Nav, only to watch this stock free fall. Beena's counterpart on the other hand is creating a juggernaut within the industry, while Supreme can't even stay above .20,   Realistically and objectively, what serious investor would even contemplate investing in this company when insiders don't even touch it, and we know about all the black out

[OptGreen]

A little heavy on the short side there Ped, all this whine and now begging, even I am getting embarrassed for you.... getting pretty pathetic man but hey. I will be the first to congratulate you when the nickel arrives. To compare anything from the past to the situation today and where the company will be tomorrow is complete bullshite and at least I give you credit for being an azzhole, trying

[brentkostaa]

Nah his post is bang on. I couldnt agree more with Ped.  Opt, you are very vocal here on this board. I think if you admit you were wrong up until now, then people would give you more credit. You arent required to be perfect. But just continuing to say the same thing over and over betweem $3.60 and 0.15 kinda takes away from anything you might be able to offer the board.  Why not just

[George141]

...brent...We are up 49% in less than a month..No one needs to appologise for that...it takes more courage to stand up with our Supreme than to critisize..no guits ..no glory end of story...but in the mean time you and "Pedi" can go for your pedicures...at Wallmart...they got a spechul ..."the one legged man spechul"...go see the oriental lady...she does a good job..and she won

[brentkostaa]

I guess you could celebrate being up 49% from an all time low. Even if youre still down 95%. Whatever floats your boat. I had a hard time figuring out the rest of your post. 

[vulcan123456789]

all you shorts seem to think longs are stupid.. you think we bought at over 3 bucks and just sit here crying about it.. waiting for that 3 bucks.. yes it will get there again. when nobody knows but it will.. in the meantime.. we have traded..made money. averaged down considerably many many times .. so in fact being up recently 50 percent from lows is cause for celabration.. check my post . ive

[johnale]

agreed vulcan - whatever your expectations of the stock are - seeing an upward trajectory on the stock and the debt is cause to be happy. 12.5 to 18.5 and debt was at 29 to 68.66 now.  Let me give you some numbers - speaking of shorts.  84.4 million shares traded from december 2nd to december 16th.  23.3 million of that volume - was short sellers. (wow)  we'll see soon

[vulcan123456789]

good info john.. any many here say you cant short or they are not short.. or leave the shorts alone. they can say what they wish day in day out.... i dont agree.. ...one must stand up for your investment. jmho cheers

[George141]

...I am not down Brent..in fact if my other stocks don't do well I came back to Supreme. This stock has been manipulated but it is resilient. And yes getting up from the all time low is huge when dealing in six figuires amount of shares. As for Pedi thing I am glad you responded ..it makes about  as much sense to me as you cutting down Supreme. Supreme is one fine company, it was brand of

[RealistGhost21]

You are right Brent and OptGreen is now just a gambler not an investor.  OptGreen does need to admit anything because his post history is the ultimate proof that he is wrong and that he is average SP is over $2.

[theTransporter]

It was $0.18 in 2015!!!  Although it went up to $3.42 at one point, this is now sitting at $0.18 five years later!  But now we're called bashers for simply speaking the truth here. I couldn't agree more with everything you said above. I guess we're the only ones here to make $$... the rest don't care for losing their money and sitting on dead money.

[Pedal2themetal7]

When individuals resort to name calling, and putting people down, it gives you an idea of the maturity level you're dealing with. I always attempt to be objective. I've been at this for a while, and the trend regarding penny stocks doesn't change much. Some people have been analyzing this stock as a mid and top tier company. IMHO it is a penny stock which at the moment is

[OptGreen]

The whine is sad but the victim angle is pathetic and what is really beyond the pale is that you and the rest of the barking lowlife spend all day on the board trashing this company and my investment, along with many other's investment as well and you expect sympathy? Selling short is a strategy but trying to bullshite folks into selling their shares based on that bullshite needs to be called

[vulcan123456789]

fully agree opt.... be careful there are those here that are feeling these guys somehow have a right to say what they wish without anyone calling them on it.. i hear they should be able to exspress themselves freely... or that there is just as much honor in shorting as investing. i dont agree. if you have coin invested fight these guys and even if you dont fall for their barking.. others may

[Dudester]

this Bullboard irritates the f*** out of me you all sound like a bunch of little nattering b******.

[Joseisok]

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