Supreme Cannabis Company Inc. (The) T.FIRE

Q1 : Nov 16 after close

[theTransporter]

https://www.prnewswire.com/news-releases/supreme-cannabis-schedules-first-quarter-2021-financial-results-release-and-conference-call-301165179.html

At least it's on a Monday which is good.

[johnale]

Looks like they wanted earlier in the week, and looks like they wanted to get away from the glut of financials 9/10/11 coming from sector.  I guess they will at least get all the attention that day, and draw some ears for the conference call on Tuesday morning.  Supreme is always late to move with sector rallies - will be interesting to see if buyers come in now ahead of financials

[Method]

I wonder how many clues we'll get from the AGM a week earlier.  I think there will be stock for sale until the bonds reflect at least the same expected return as the shares. As long as the expected returns on the bonds are higher which any finance book will tell you should not be the case, the pressure will remain on the stock. 

[johnale]

I guess we'll see.  but in saying that - with mm holding 28mil of the debt - and another x-millions holding in Longs hands - eventually will the trading float of these debs just get really small.... (as traders keep flipping some to equity)    add a more stable buisness - and maybe some investors will look a little more favorably to fires debt - seems to me  like it

[Dunworkin2]

I'm not expecting any of the Board or Beena to back up the truck, but then again, if she feels as strongly about Supreme per the quote below, why would she not back up the truck at these prices? I'm sure they will reward each other with new, cheaply priced options. But I would like to see them buy some equity in the public market, call me old school, but real leadership will put real skin

[Method]

yeah, the float cap is tiny. It won't take a lot of buying to move it.

[Dunworkin2]

Good, I'll be looking for Beena and the board to start buying on Nov 17 then. She's been here for 6 months and bought squat all. Blackout should be over. Prices are depressed and depressing, let's see how confident she is. Buy in the public market, send a message. Don't just sit on your options. Please and thank you.

[vulcan123456789]

that would be a good comment to make in the con call

[Method]

  Email IR. Ask them to address the lack of insider ownership at the AGM for the management and BOD as a whole. What's the plan to change that?

[SPLENDID12]

This post has been removed in accordance with Community Policy

[RReis09]

I Agree!! Beena better be buying after Lock Down and I saw a few large sells on level 2 on U.s.Side and the mm ate them up and raised the bid with low volume to boot????.....