Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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.


TSX:FIRE - Post by User

Comment by Methodon May 14, 2020 11:57am
70 Views
Post# 31027979

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sold out... again

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sold out... again

I was referring to buying FIRE.DB for their personal accounts. Nothing to do with the company's current liquidity but some action that risks their own personal capital on what should be a low risk proposition given their stated outlook. 


johnale wrote: Well I agree they should buy the debenture below par - its a no brainer - and financially accretive. 

Obviously I disagree on the timining though - as Ive stated to you before. 

They are in no position with the price of the stock and current market to be buying debentures. I think their position is that investors are returning in the summer - and the buisness is improving rapidly. 

By mid august we may get Q4 numbers (unaudited) providing a picture of a much more financially stable buisness and higher share price.  

At which point you have 1 year until you have to show the banks a plan. Then you have a better picture of the market and cash flow - and they can possibly do an irwin deal or start buying debentures with ATM/free cash flow/debt.  







 

<< Previous
Bullboard Posts
Next >>