Supreme Cannabis Company Inc. (The) T.FIRE

If this money is not for acquisition, we are ******

[VK400S]

But even if it is, what can they buy for ~25M leftover + new 20M + few mils from potentialy positive last Q? Not much...

This company is an extreme, it's really going to end up either extremely bad or extremely well for shareholders. I guess we all somewhat expected high risk high reward/loss when we bought in.

[theTransporter]

I thought Beena was more conservative restructuring debt, reducing operating costs, killing any proejcts that didn't contribute to the bottom line, and just focus on running this comapny to profitability. I recall in their last MD&A they boasted how their cap-ex spending has come to an end, something very inviting in this industry.   Like you said, this can make or break them.

[JaInvest]

over 200 million in debt... where can they go from here?  I really do not see a future for these guys, not that the stock can't pay off over time, but dept like that.  What is the path forward when so many companies are competing for the same market and many have way less debt.  Not trying to be a downer but am really seeking some info from you guys that would suggest they have

[theTransporter]

How did you arrive to this? You obvioulsy are using 1 year old data. Usually if you want to make a point, you need to have current information.

[VK400S]

Debt is good if you can use it to generate higher ROI. For example I used debt to purchase FIRE shares and .. oh wait, that didnt work out :(

[OptGreen]

Have to agree there JaI, if you can't see then don't waste your valuable time on a "no future" play...or better yet do your DD and buy before it is to late....JMHO...Opt

[ezemoney]

I bet They'll have the Plunge Protection Team out for the next few days for "an all is well".