Supreme Cannabis Company Inc. (The) T.FIRE

RE:RE:RE:To opt and vulcan

[Method]

 

I'm not sure what you mean,

Selling equity and selling treasury shares is the same thing. 

watchmeplz wrote:

In my opinion, they can't sell equity method, as their bound to restrictions from the asset-backed bmo loan. That's why they had to sell treasury shares, last legs? You bet. Why need 9m too when you just did financing from bmo? 

I've said it all the way from $2 down to now, the legislation wasn't intended on LPs to succeed, they were created to battle Canada's acmpr personal production licenses (yes, there was a court case, personal production won) that are readily available and competing with the LPs with none of the same hurdles. Here check it is:
https://www.cannabisgrowingcanada.com
95g a day licenses = 475 plants x 4 licenses per facility = 1900 plants all for a minimal cost and no requirements other than a docutora note! Enjoy longs. 
 

Method wrote:

 

 

Fitter8911 wrote: I am a long as you both are for supreme..tho I keep quiet in the background and read all the posts here..let's just say supreme can make 100 million a yr or a 25 million a quarter..what would be a realistic stock price for this sp..my average is 1.05 and wondering if I should average even lower now that I can..can we se this sp going to 1.00 or 2.00 or more in yrs to come since everyone else is struggling to get their sh..ts together...where would see this sp in say 2 yrs time..luv reading yours posts from both of you as your both know your stuff and been learning as well..thx very much boys...

 

 

I say you consider buying FIRE.DB instead. It at least has a contractual obligation to get $100 plus interest for every $30 invested based on the market cap by next October (but they have to have a plan in place by next July).

I have no idea what the equity will be in that scenario but ~3-4x your capital in a little over a year seems to fit your criteria. Hopefully Opt and Vulcan will be right and they will be able to raise preferred or other debt to pay off the converts but if that fails they will have to sell some equity. I rather own the thing they have to buy than the thing they might have to sell more of to pay me off.