RE:RE:RE:RE:The good, we matched the previous highMy optimism is pretty singular right now maritimer.
Q2 is guiding ~14mil and ~2+mil positive Ebita
Supremes Interest expenses are about 1.5mil/Q. (bank debt and convertible debt). This would put the buisness in a positive cash flow situation. Thats an achievement that will significantly de-risk supreme as an investment. It should help attract new/old investors back to the table, and maybe hold some big ones we already have.
So ya, I know we keep saying next q/next q.. but other than q1 which was an improvement, (but didn't move the needle enough), the previous 4 were terrible - and never guided positive ebita.
Given the options and RSU's handed out - Im betting this is a sign they hit their target.
a money losing cannabis company (up to now) which has had trouble raising revenues and a nice chunk of debt - has been a tough investment to sell. But the narrative can change Q2 with 2 consecutive quarters of revenue growth with ebita trending upwards and positive cash flow.....
now there is a buisness you can get some investment in....
maritimedreamer wrote: Care to share/elaborate on some of that light as I am having a hard time seeing it right now tbh? Trying to wrap my head around ur last two posts.....Johnale your posts are always appreciated