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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 Aug 20, 2020 3:49pm
95 Views
Post# 31435426

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Debentures or commons....

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Debentures or commons....

It is definitely complicated and the press release wasn't clear. There should be documents filed before its effective on  SEDAR.

The accretion amounts is compounded annually so calculate 36.5 * (1.1106^3) - 36.5 and you get the $13.5 accreted convert. 


johnale wrote:

Ya I get more like 12mil as well. 

but essentially - doing some more math - 

at 31 for the debs: 
On 36.5% of any debs investment you will get:

25.8% cash return/yr 
35.7% deb return/yr 

61.5% return total/yr 

on 63.5% 
get fire shares with a face value of 17.6 cents 

sheeeeeeeeeeeeeeeeeeshhhhhhhhhhhhhhhhh 

can I buy some more!? 
 



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