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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 Methodon Jan 27, 2021 5:12pm
150 Views
Post# 32402459

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Supreme covenants intact - likely hit 2mil+ ebita

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Supreme covenants intact - likely hit 2mil+ ebita

What if the stock was very overvalued then?

From my perspective as a debenture holder she has done good things by extending the debt maturity profile and dramatically improving the balance sheet. I think those moves also made the equity more valuable even though the price is lower.

The bonds at the time were trading at 25.5. That package is worth 51 now plus interest.

The question, of course is, what's the equity worth now?


Pedal2themetal7 wrote: When Beena came onboard April 27 2020 I believe the stock was .29, almost a year later we're sitting at .17 with no idea where this company is heading.

Most companies have faced major restructuring and some of them complete collapse, but numerous have almost reached 52 weeks highs, have instilled confidence within the investigating community, sharing the direction of the company while retaining restricted information maintaining a competitive edge.

Supreme have issued all those shares to management, we're sitting at .17 and everybody is in the dark as to where this company is heading.

Is this suppose to attract investors? IMHO

 

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