RE:RE:base Zena is not a great comparable - as they have 6.9mil in interest payments a quarter.... yes... quarterly.
their debt was converted to shares recently at a discount to their share price.(5cents ish)
they have a royalty due to debt holders above certain revenue levels.
so despite good revenues, they get no traction.
supreme only has 2.9mil in convertible debt payments... annually. (725k/q)
only 500k interest payment on bank loan quarterly.
at the same revenue as zena (which fire will get to) - supreme will not be still sitting at 14....
lots more value - it's a matter of time - I agree with Vulcan.
after q2 and hitting 2mil ebita - it will be greater than the interest payments, and we'll be cash flow positive. Zena can't say the same despite 3.46mil +ebita.