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.

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Supreme Cannabis Company Inc. (The) > 2 millions share diluted since last week

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Comment by RealistGhost21on Nov 02, 2019 8:31am

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Post# 30300642

RE:RE:RE:RE:2 millions share diluted since last week

If you read my post history you will notice that this conditionnal with the next earning reports. This SP current SP Will be good if the earnings are good.

George141 wrote:
RealistGhost21 wrote: I see you point M4DM4X,

This $29 millions do not show up in there balance sheet and you can look at their last earnigs reports. Also, they got financement already for those warrants when they issued them in 2016 and 2017. Of course an extra $29 millions would be nice but at the expense of the currents investor.

IMO, Supreme will make profit before the next 24 mouths. It is just wise to know that dillution is not a good thing and I don't care if the price go down again because if their earnings stay on track for next years I will purchase again. after Dec 13, I don't care if the price start get over $1,50 CAD but I don't want either that the SP get over $2,43 CAD to avoid the dillution of an extra 42 millions share.

I only know long term investment so for me who invest in Supreme, my long term is at least 2027.
I would like a SP of $7 CAD which would represent a Capital Market of approx 2 or 3 Billions dollars CAD for a total of approx 405 outstanding share which is better that having to divided by 464 millions share.

seems like these bits of news is a negative NR...Hey Ghost you are either bashing or you work for Supreme givin us the bad news...which is it?