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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 RetireAt45 on Apr 09, 2021 1:25pm

LiLy2021

I 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
Comment by LiLy2021 on Apr 09, 2021 2:33pm
I had a long relationship with Tweed. It's over and I never want to go back to it. It can go to 100 and that won't change my decision. Converting to Tweed is not an option for me. Now I'm just thinking how I can make the best out of this situation. That is, to time the selling of my shares so I can get out intact.  As for being emotional...I have a deep secret - one that I' ...more  
Comment by 541house on Apr 09, 2021 3:14pm
Lily come spend some time with House, I will cheer you up!! Jk I hope things work out for you
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