RE:RE:50 cents coming. Protect your capital Well if you all woulda listened a few weeks ago I would have saved you at least 30%+. Instead ignored the true facts and the true reality I gave you, all ignore while you all pumped this to the moon. The reality is in order to have a market cap at today share price the underlying ebitda has to be 30-40 mil minimum + to reach today’s valuation and that’s being nice. A proper valuation giving this future hope/positivity with some further dilution involved would be in my opinion anywhere between 40-90 million as a whole market cap leaving the share price somewhere south of .25c. With the Conroy case upcoming, acmpr personal production licenses not going anywhere and the increase in LPs, this ancient market has leveled out or even begun to decline, not what’s only legal but as a whole pushing players out and the remaining ones to merge together as no one will be further financing these ventures for some years to come. Plus you got to think, with 350million shares how can you even dilute this anymore? I smell a rollback coming once the cash is burnt, let’s see how it plays out. Heads up below!
maritimedreamer wrote: if supreme had zero support and we traded as many shares as we did today (1.6 mil on tsx) does that not help to conclude that supreme very much has support? the question is when will the buying offset the selling.....