Supreme Cannabis Co Inc fka SPRWF

[sillylung]

Do your dd guys...Read this very carefully I made it very simple for all.

The total purchase price of the facility was $4,500,000,of which
Supreme paid $1,000,000on closing out of available funds,and assumed a vendor mortgage of$3,500,000,payable on the SECOND ANNIVERSARY DATE from closing. No interest will accrue in the
first year, but the mortgage bears interest at 7% during
the remaining year.


http://sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00006000&fileName=/csfsprod/data149/filings/02217617/00000001/f%3A\1SEDAR\2014\Supreme\Q3\MDA.pdf

What this means is Supreme doesn't start paying till the 2nd year.

In year 2 though they will pay the full 7% interest for the 3.5 million so that equals out to 245,000.00 CAD. So in all likelihood Supreme would owe 245,000.00 on May 2016.

Good luck Supreme shareholders the time is nigh. Hold on tight.