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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

Post by RetireAt45on Apr 09, 2021 1:25pm
402 Views
Post# 32967524

LiLy2021

LiLy2021I am not quite understanding your extreme duress.

If you currently own 600,000 shares of FIRE @ 0.45 as you say you have $270K invested.

After sale is competed and your shares are converted into WEED shares you will end up with 6995 shares (600K/0.01165872=6995.232)

In order to recoup your $270K investment you would then need WEED to hit a SP of $38.60 
(270000/6995=38.5989)

If you do not believe that WEED can ever reach that price level then yes...you have cause for concern...but if you think it can then you will be just fine...if not eventually in profit.

If you look at the YTD chart of WEED it was over that level virtually ALL year...

Good luck whatever you do

45
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