Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Supreme Cannabis Company Inc. (The) > Remove the Split and the SP will sky rocket !!
View:
Post by Awsm11 on Aug 01, 2019 10:43am

Remove the Split and the SP will sky rocket !!

Supreme needs to remove the reverse split and the SP will sky rocket.

Nobody wants to invest in the best , premium bud around because of that hanging.

The fear of losing 4/5th of your shares overnight is inciting fear amongst the public.

Management put that in there thinking it could help them raise the value of the SP down the road if required.

It did nothing but create unease and unwillingness to invest.

So i say to you Nav and John,   Remove the damn RS at the next AGM, and tell the world that it is gone... 

Tell them just before you release Quarterly numbers in the fall. 

This will have people running for their brokers to get in before its too late.

Everyone is waiting for the bottom....

You announce that the RS is gone,.. and that will be your new bottom.

Nowhere to go but up , up and away..!!

Good luck to all.
Comment by Bever73 on Aug 01, 2019 4:23pm
Yes you see how bad this move was , so now ask if they will admit they made a mistake and remove that possibility - no way they admit they were wrong! Then ask which is worse, implementing the RS or not implementing? (Which would mean it served as a useless drag on FIRE shares all year for no purpose. And then ask why invest with mgmt who makes these moves?? My guess is they implement the RS right ...more  
Comment by MaxTMaxT on Aug 01, 2019 5:25pm
you dont loae  ANY VALUE ON rs...you will have less shares at a higher price if it was 5/1 you would have one share worth $6.75 ea  instead of 5hsres worh $1.35 ea.Anyway i dont exoect tha\t they would do anRS until the stock if trading at least  $7-8 and they wANT TO LIST ON  the NYSE
Comment by Awsm11 on Aug 01, 2019 8:18pm
You obviously have never had to deal with a rs before The rs is good if things are going well. Trrible if you are doing this out of desperation. They are uncertain and unpredictable. I have seen more bad than good. And having this carrot or sword of damocles hanging over potential investors... who wants that hanging over their head. Especially with the best premium bud on the market. I am long ...more  
Comment by MaxTMaxT on Aug 01, 2019 9:31pm
went thru the first one yearsa ago when it was about .15...also Very Long...Cheer$$$$$
Comment by neilmakenomoney on Aug 01, 2019 9:38pm
They suck. I agree if you lose the RS we could see a lot more interest. 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities