RE:RE:Some factsBever73 wrote: Coyote the buildout was 'supposed' to be fully funded by past money raising; now they need a portion of the 100M raise to complete the job ??? What percentage is that?? How much of the 100m is earmarked for the future facility 20% 90% ....how about some company transparency?? Also you are right they are b2b but they should have put aside a portion to get up and running on the retail side ...no?? How is our investment in africa going? Complete foggy haze on that investment. Is it "well have 50,000 kg capacity ; or were gonna produce 50,000 kgs next year...which is it?? Are you gonna answer these questions or should i contact the professional spin masters? But why should.i ? Shouldnt this info be common knowledgr
They still had $50 in their coffers before this deal to raise $100M. Does it matter which $$ they use for what? Are they supposed to report every little tiny detail to you? Would you like to know when John goes to the john?
You simply have not been around this whole investing game long enough, have you? The company is obliged to tell you about significant news, not day to day operations. It is significant that they landed $100M but it's not significant, nor is it required, that they give you a % by % breakdown of everything they are planning to spend it on. They have two big projects. Finnish the current facility and build the new one. How much they choose to spend on each is none of your business. If you really want to know, go work for them as CFO, CEO or on the BOD. Otherwise, sell you shares and try to find a company that will give you a live video feed form the board office and the CEO’s desk. Good luck with that.
You need to be more realistic or move on. Name a company that gives the kind of detail you are expecting of Supreme or that makes promises on actual production figures? They are a publicly traded company. It would be against the rules if they were to quote future production levels as they would making a binding expectation that they may not be able to meet. I've been in this game for 30 years and I have yet to find a company that gives more than summary or capacity information on anything. You want an answer to that question? 50,000kg capacity. That is your answer - and you can bet on it.
My advice to you is to get your expectations in order or do something else with your time and money. This game seems to be upsetting you.