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 watchmeplzon Oct 16, 2020 2:09pm
114 Views
Post# 31729432

RE:RE:RE:RE:MMCap - method/stayinvested

RE:RE:RE:RE:MMCap - method/stayinvested

In my opinion, (since your not going to ask for it), no one is taking over nothing. Already invested so heavy their probably asking themselves how the f do I get outta this now, much like yourself. The dust trapped in the attic space above the grow has more recycable value then this, maybe can make cotton and sell shirts (kke not for me shirts). The empty pallets the nutrients come on are more valuable. Oh wait, cancel that, you guys don't own the pallets or the dust, the bank does. Danm my bad, thought you guys had some value as a recycling plant as growing in Canada sure isn't in the cards.

Jokes aside from $2 down to now watchme has only been wrong once and that was with methods comment about tax built hiding on some obscure page he magically found in the mda, pretty broker like to know exactly where to find that one hey? Yeh, I admit when I'm wrong something a majority of you need to learn how to do.

johnale wrote:

Thanks for your take - I too am concerned that we are at the mercy of mm for a sellout as I mentioned. 

I would say - an all cash transaction is very unlikely - as aphria won't want to burn that much cash - and the dilution to their share count would be minimal with their valuation at 1.8bil. 

being in aphria - it would provide mm more liquidity to sell if they wanted. 

I listened to the conference call - and Irwin said the 100mil ATM was in case they made an acquisition and there was payouts required. 

ie - a  change in control of fire results in full payment of the debenture. 36.5 mil - regardless of buyout price. 

remaining shares (488) convert to aphria - so even less dilution for them. 

there is a lot there to make you wonder for sure...... 
I'm working hard to get my average down - owning some debt actually makes sense to protect from a purchase below .285. 

 



<< Previous
Bullboard Posts
Next >>