Supreme Cannabis Company Inc. (The) T.FIRE

Earnings Release Scheduled for February 13, 2020

[Go0B3r]

by @newswire on 30 Jan 2020, 08:30

Supreme Cannabis Second Quarter Earnings Release Scheduled for February 13, 2020

     

TORONTO, Jan. 30, 2020 /CNW/ - The Supreme Cannabis Company, Inc. ("Supreme Cannabis" or the "Company") (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that it will be providing its second quarter financial results for the three months ended December 31, 2019 after markets close on February 13, 2020.

[theTransporter]

Not thrilled about the idea of the earnings being released AFTERHOURS on a Thursday.  Not expecting any good results here otherwise it would have been released earlier in the week and BEFORE the market opens.

[johnale]

Wow - firstly - no one knows what the numbers are. Before fire announced 11.5mil Q the stock went up into the 80's - there was no selling right before.  The reason we are down here is pure speculation - given leadership change. Which at nauseum - we discussed is likely some one time capital/salary spends to make sure we hit our guidance numbers.  Im sure you didn't get the email

[Vulcan]

very well said.. shorts use anything to speculate to their own benefit..

[theTransporter]

Turn off your fu.cking blinders.  Your automatic response to anyone saying something even slightly negative about this company is to label them a "short".  I have you know that I have had shares in this compny longer than you have and wish nothing but great success for them as that makes me more successful.  But I look at all my investments objectively as it's just as

[Vulcan]

i have no I have a weird rashing blinders on.. i finding it sickening the neg projections by a certain group.. all assumptions.. last week it was the lawsuit.. we were going down the drain .. now this week its when they release earnings that it must be horrible.. give me a break.. im sure ive been invested here b4 you my friend.. when they started this i was in.. if one is invested why would one

[Go0B3r]

The bottling plant running 7 days a week, do you know if it's fully autonomous or does someone need to be there to help it along, loading and unloading etc?...  I'm curious if the 12,000 bottles a day number given, is in a 24 hour period, or if it's shift work oriented.  

[Go0B3r]

Hey John, sorry forgot to direct the message towards you, seems you hold a few of the puzzle pieces I don't and any help understanding the company under the hood is greatly appreciated.  I wanted to also ask if you've been able to understand how the company defines it's "Finished Goods" in their inventory, they had some $16mm+ in that category on their Q1 earnings. 

[johnale]

For bottling - the response I got was that the team runs 7am to 5pm for bottling - 7 days a week.  for finished goods - Im not sure. Thats a good question for IR.  I have done a lot DD on fire - as with the sector collapse you really have to determine if you picked the wining horse.  I had a thesis on the sector that a premium/differentiated product - was going to be a winner

[Go0B3r]

Thanks John, the answer you gave is sufficient enough for me to draw up my numbers of potential for their proccessing side.  I've known CPG companies to do shift work if sales are good enough.  My numbers are always worked around the 24 hour - 261 work days a year and from the looks of the numbers I've drawn up so far Supreme really does stand out.  My these started with the

[OptGreen]

Always a pleasure and informative joh, quality is job1 in this industry always has been and always will be and FIRE has been on that path from the jump....it is a, if not the, "winning horse". But the insanity and bullshite from the dark side is nothing but noise and failed prattle...the new trim/ processor is a real game changer and a key piece to the guidance timeline and provides

[nearnorth101]

thanks for the facts John, I think that the quarter results will be pretty good, with all that going on and the inventory they had to ship

[brentkosta]

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