RE:RE:RE:Brent Kosta told you all. This reorg will bring 12c day 1. Not quite sure what predictions you refer to md but for a start we haven't seen a quarterly report from Beena/team yet of which is the most part of forward looking/ prediction statements on my part. I do see much more value and success for this company going forward.
I mentioned a pssible NR some time ago and the untenable share count north of 600mil a while back...I am not any happier than you or any other long and I probably have more loss on paper than many if not most and if it comes to a total collapse I am in a world of hurt, along with La Brier et al.
It is all in what Beena plans and can deliver, of which there is more upside than not that I can see....we need to see the numbers starting with the report due 13days for a start and then the FQ1/21 report that follows....there is no smoke n' mirrors here we need the sales and net margins from full production but we need to see the results closer to 50% production in the next couple of reports to get any real clarity at all.
Even with the SP levels of late, today, this says nothing to the success, or lack of, going forward. ACB for example is in far worse shape than FIRE, long term, and they are the #2 in the sector with a market cap north of $1bil....if Beena gets us in the $30-40mil in these next 2reports, add profit realized and FIRE will be one of, or maybe the best success stories in the sector for some time to come.
FIRE has not failed and Beena is trying to raise it from the dead...FIRE has just never gotten started until now, basically the inversion of ACB, WEED to a degree and most in the sector with the exception of APHA and maybe a couple of others. None of this is unique to FIRE or this sector, there was plenty of losers and make overs in the .COM start up as well...FIRE was compared with Nortel earlier and there is no comparison besides being Canadian companies. Nortel produced fibre cable and technology produced ways to get far more capacity/volume out of the existing fibre and transmission via satellite cut the fiber production to a dribble....the opposite is happening with the cannabis industry.
As long as there is a cannabis sector FIRE is a success story, it is the template for a LP facility, top shelf menu, produced at scale and I believe Beena is the best for the job to pilot these rough waters and beyond. As always everyone needs to do their DD at all times ans buy, sell or hold accordingly. JMHO...Opt
maritimedreamer wrote: Green close was def not going to happen pot... your continual support of supreme is admirable but yet your predictions have been sadly way off as we have continually dropped. The market is waiting for beena to prove herself and the company.... until then this company will not go anywhere. Shoulda woulda coulda with me and supreme,,,, I'm down so much not even funny but lesson learned....