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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 bever64on Oct 28, 2020 1:50pm
62 Views
Post# 31796493

RE:RE:RE:Watchme/johnale & method

RE:RE:RE:Watchme/johnale & methodI suppose it would depend a great deal on how mmcap would view something like this....they might find it too dillutive, however they might find it as a neccesary step to get new access to money and catch.up with US growth around the corner....(especially if they were given the right to maintain their equity percentage) ...actually if they were entitled to keep their equity percentage their would be no reason not too....quote=theTransporter]I would not hold that past them.  Beena has no obligation to make profit for retail shareholders.  Her job would be to make new institutional investors money at the expense of previous investors by pressing the reset switch.  She doesn't give a f.ck if she makes a whole bunch of small time investors unhappy.

bever64 wrote: But who the hell wants to buy a .12-.15c stock with 480m shares outstanding? How do you justify that as a fund manager?? The only way they are gonna attract institutional investors is by bending over and taking one for the team..for example , find a funder ...rollback 10-1 , 48m shares new float...then issue for example 52m new shares @ a bad price (say .50c) raise 25m dollars and voila you have a company well funded and with only 100m shares outstanding. Sh t like that i would be scared of.
bever64 wrote: Good to hear all your arguments..i will say you are the only 3 i really pay attention too. Watchme your "expose" on how hard it is too actually make money in this regulated-competitive environment is bang on however i do believe you fail to give proper value to supreme facility and nationwide sales network & brand. Now johnale they dont "need money" but seems like the entire industry is erroring on caution and bringing in money anyways. Maybe a financing is tied to a consolidation/new investor? Who knows i just dont like the tape and understand it cuz if someone put a gun to.my head and said buy or sell i would buy here




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