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Bullboard - Stock Discussion Forum 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 Discussion

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Post by jpm59 on Nov 19, 2018 10:09am

RED,, Weed -5%

acb-4%, apha -5, Fire -5%, .  Too much stress on this board about the reverse, i'd say more but it's so obvious. If you want new money being invested , then you have to go where the new money is. I don't care if i have 500k shares @ $2 or 100k @ $10, same value difference. The "value" of the company will go up or down regardless of # of o/s shares.
Comment by OptGreen on Nov 19, 2018 12:12pm
Agreed jpm but do understand the negative reaction, as I have been through a few over the years and always been a loser...in all past cases the split was done from weakness to give the iillusion of strength with the newly created higher SP. The opposite is true here as FIRE's position is legitimate and the split would be done through strength. Between Trans and I we have over a million shares ...more  
Comment by jpm59 on Nov 19, 2018 12:48pm
i ubnderstand completely. I also have been thru reverse splits.  I also mentioned these pot companies generate revenue which is different from old exploration co's. Any pot company that does a reveres and doesn't succeed ,ISOL, is their own fault and are not a good  "going concern". ACB has a billion shares, C.HUGE has 1.4 billion? Weed  350M. I'm saying ...more  
Comment by SILVERSTOCKS3 on Nov 19, 2018 12:51pm
This post has been removed in accordance with Community Policy
Comment by OptGreen on Nov 19, 2018 1:28pm
Spot on jpm, no SH value is lost it is just consolidated and it is being done prior to the first real sales/ revenues are reported...the uplisting is just a normal part of business for companies at the level/ size FIRE will be over the next 10-12mos and FIRE will be trading on both the TSX and the NYSE in the first half of '19, second half at the latest. FIRE will blow by many over the next ...more  
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