Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Just my opinion. Stadnyk leaves as CEO abruptly right before issuance of a MMPR license, just days away... why? Herberger does not address any concerns about this matter and is left scrambling to stop his role as MJ producer to run company. Stadnyk simply walks away. DD would tell you that after all the PP deals there is still a major road block coming, and he saw it.
DD this, Stadnyk goes public with promise after promise what investors can expect by years end then suddenly, out of nowhere, resigns as CEO when so many accomplishments are about to unfold. Just weeks away from Supreme's GRAND OPENING! I'm afraid the DD hand writing is on the wall, and it says, "we regret to say we'll need more capitol to complete our venturs"!
Then it will make sense as to why D. Stadnyk did want to be associated with any more PP, secondary's, or raising more from those he's already tapped out. It would have been foolish on his part and could damage credibility from future needs as a funds raiser.
So DD tells you when a CEO leave quickly, at the heart of the companies premier opening it's bad news. It's also political and if Supreme is not in the loop of Canada's government they have ways of getting bypassed. Stadnyk got out before the news hits...in my opinion!
If there's a MMPR license in November I'll stop the comments. If Herberger is legit , then his comments had better live up to fruition. I'm sick of baiting investors with empty results and this one has a good possibility of doing just that. Now if A license is in hand by November 30 Then I have plenty of investment capitol to throw at it. If not Then we have another grand example of dead weight CEO's taking investors money and stuffing it their pockets with nothing to show for it. As of now this company's one mans dream and anothers nightmare, until plants are producing revenue. I'm very doubtful they'll ever get the chance but that's another month away so MMPR or shut up Herberger!!
Hey Mr. Herberger why make empty promises:
"We are planning to book the Health Canada inspection in the next weeks," he said. "We're hopeful to get the license before the end of the year."
Then when it doesn't happen shareholders are punished. Just get approval and quit luring investors with slippery statements , non of which are even close to fruition! Why do you need janotors when you just stated you would need to try growing test plants only for evaluations before HC issues MMPR license. You put the cart in front of the horses every time you open your mouth. 50K shares avrg. trading a day is not what I call investors confidence.
Nope not at all. Holding my shares regardless of the soon to come MMPR license denial by Herberger. It will not happen this year and it's the reason Stadnyk and the contractor have silenced the pics and updates on requirements that cannot be met.
You are the one that can no longer produce any forward movement as you did in the past. It's clear that plants in ground by EOY is out. What's particularly bad is a large payment coming due that Stadnyk helped arrange that has no means to happen due to $0.00 revenue. So we are back to another PP soon and I doubt Stadnyk will supply any out of pocket support as he has disappeared.
Herberger and his daughter are left holding a loan for millions that can't be met and you know what that means..... BK BK BK BK! There it's in print 4 times in case once isn't enough!
All holders of SPRWF are holding 100% worthless shares from this point on!But of coarse that doesn't concern you because you have none now do you!
Go ahead sillylung give it your best shot to show I'm wrong...I can't wait!
Next PR from Supreme will go like this... "We have hit a major road block in our attempts to attain a MMPR license in 2014. Our contractor has temporarily halted construction efforts until further notice. The costs assosiated with the necessary Health Canada were substantially more than first recognized. Mr. David Stadnyk was only able to raise what was the initial amount needed but has since left for other investment journeys and we'll need more private placements to complete our mission".
Then a $0.20 drop to $0.10 and down from there.
The posters here would suggest Stadnyk was only needed to get financing then POOOF gone! Now that's hypocritical IMO as he was acting like a long term CEO. That was the quickest exit Iv'e ever seen by a CEO and caught everyone off guard! Hence the drop in price as winter has swoooped in and construction has halted. Where are all the new Marcom contractor pics? This is looking more like a SCAM every day and if you'll notice Herberger will not commit to any hard dates just throws moths out as bait for DUMMIES!
The "ASK" @ $0.391 keeps flashing as an indicator of someones desperation to exit even at such BARGIN PRICES! To funny or should I say silly!
They'd send pictures but it would simply be a white out photo!
with 10K shares trading on an average daily yea right! Steer clear folks until next summer. Those holding are looking for any pop to get out! You wont see even a million share trading day for at least 6 months!
with 10K shares trading on an average daily yea right! Steer clear folks until next summer. Those holding are looking for any pop to get out! You wont see even a million share trading day for at least 6 months!
Really, can you get one of your Canadian buddies to snap a new picture of the 340K facility with the snow piled a foot high on your greenhouse. Maybe that will send a clear message to investors, this is now 6 months away from new construction completion!
Why deceive me or any other share holder with baloney about November MMPR license, and plants growing by EOY. IMPOSSIBLE now as I pointed out months ago with winter weather on top of the facility!
The "CONS" certainly outweigh the "PROS" in the near future
1. You inform investors that you'll be hiring 20 employees in November. What you want them to assume is there will be an approval by H.C. as scheduled and rush in to by shares prior to that event.
2. You post pics of a hired company on twitter working on the grounds assuming investors we'll see progress moving forward and rush in and by shares.
3. You have a phantom CEO that never intended on staying aboard but never once indicated his true intent. Get funding at any cost for the Herberger's and get out with a boat load of shares for pennies then hope for some miracle on ROI!
4. Keep avoiding the facts that surround your business which is re payment of loans that were caused by the priors CEO's mergers and have absolutely no way to pay other than sell more shares.
5. Try and convince investors you can begin growing in December just 3 weeks away even before a re examination for MMPR license has been requested or approved. Again hoping investors will risk buying before the actual events are completed.
6. Try and sell the greenhouse growing method in the heart of winter to investors when everyone knows that's impossible and expect investors to believe the story and rush in before the fact.
It's obvious now that anyone watching the recent PRs and following the progress and lack of execution of plans has decided to pass on rushing in and buying shares. Even your biggest supporter "sillylung" has started to sound like the glass is half empty. His commentary is beginning to show doubt through the lack of trust Supreme is demonstrating and may not want to tarnish his reputation any further.
This company may very well get approval some day! However I would bet all my shares I hold they are far from requesting Health Canada to walk the facility for re inspection for many months. If only using the Pics and the recent departure of Stadnyk that alone should sound the warning bell that much more was needed and staying on board could have been risky, so get out and hand the reigns to the new owners and disappear!
Looks like the project will take a bit longer if I understand this quote correctly!
"says President of AMMCan, Peter Herburger. ‘Before two years, we’ll have everything online, with a total of 340 000 square feet."
So what % of the 340K SF will occupy growing? What will 20 employees be needed for and why managers when Herberger is right there? How does Supreme justify these costs when no plants or even a date with H.C. is in place?
This just keeps bleeding and the promises just keep getting made! Oh well you cant your positions anyways there are no BUYERS!
I'll wait to add another 10K shares when it's closer to the $0.32
PP price that Supreme is offering friends and Gov. officials! It's dropping today in steps and by months end should be right at the target BUY price of $0.32! Keep them when there cheaper in a week!
Maybe it's a behind the back transaction to get friends, government officials, and high end clients some cheap shares before supreme goes to market!
You were just $0.03 yesterday from getting that Benjamin. Looks like post Nov. 17th 2014 date will be when Supreme requests H.C. for re- inspection as the offer closes for this $0.32 cent stock sale!
One day Silly, you may get lucky and get rewarded owning SPRWF!
Yes I'm still here and waiting for some reason to thank you but for now I'll just remain your nemesis, GOOD LUCK!
This ain't bad wait till December when the entourage of delays hits, then you'll get some volume!
Right to $0.00 my doubting friend!
You are sure about that? Mind telling what year?
Silly, I'm still giving you the benefit of the doubt as November 1st. is still a ways off. Let's see if Stadnyk can do what he's promised. Winter is quickly approaching and his comments are still within the completion date. He will slice his own arteries with his own knife if the hint of anymore delays appear including the most important...an MMPR license in hand by this date. Presentations, construction pics, new vault pics, and sections of barbed wire fence are great but investors will cut him no slack if any excuse develops. I'll see to it personally that I do everything in my power to help collapse this company if there's no license in hand, plants in ground, and promise dates for harvest somewhere in Q1 2015.
I'd like
nothing more than to see my minimal investment double from the $0.50 entry point I fell into but I remain doubtful as this CEO's track record has fell short several times before. I'm prepared to back off or facilitate the biggest smear campaign and get investors out, the balls in Stadnyk's court!
You can go down with the ship or become a hero, time is running out, BEST OF LUCK!
amazing how you just like Stadnyk avoid answering questions. When this falls and it will you'll have to look in the mirror and say, what a fool! That's payment enough for me.
The only thing getting branded in Kindacare is cattle on ranches cause it isn't Supreme's company!
Hey smart guy care to add how much value the website brings to an already broken company ticker SPRWF? How much value sits on art work for a website that has no license in hand. Let me help you. If there was a blank white page, and Supreme's name at the bottom and they owned a real license, not the one they're wishing for, the stock would be over $1.00! Instead the careless CEO is trying to entice those already holding at a 50% loss before R/S to hold tight while Supreme dazzels the investors with a ridiculous NEW WEBSITE. It doesn't change the fact there is no money coming in and branding what? You need a product to brand which Supreme is coming up short on. Any idea why the security contractor has been silent? It's simple, they will need twice as much to renovate this property and then you have 100s of structural issues along with out dated electrical, watering, and enclosure surroundings. Just look at the free labors trying to pull down the old lighting systems there must be thousands of fixtures that need replacement. C'mon will ya, admit the cost is probably north of 10 million alone to revamp this ghost town of a greenhouse. Tell everyone why Stadnyk suddenly shut off communication with investors cause everything is so wonderful and we're ahead of schedule? RIGHTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT!
SPRWF goes BK if STADNYK is honest!
Halted? Can't find it but it's possible that Canada has shut them down.
It's very possible that David Stadnyk has thrown in the towel! Based on the pics of F2 and the amount of work that was needed, the funds they have on hand were not enough to cover even security. Add to that the laborers from town working for free and you have the recipe for financial disaster. What do think would happen now if he made another offering of shares just after the R/S. That Greenhouse was in much worse shape than anticipated and the cost of total repairs was probably in the tens of millions. There's no new website, no more talk of contractor tweeting messages and now the stock is acting like it's been pulled from the market.
It was told to everyone here that SPRWF was a big risk. It happened just as predicted.
It seems as though the cheerleaders cannot face the truth you and I have presented. The company tried to use a dirty trick by in industry standards, of telling certain individuals what they wanted posted. It releases them, Supreme, from any legal responsibility of misrepresentation to investors all while pick-pocketing naive potential buyers. It's as though they're posting what they want readers to believe is their own DD, but in essence it the company feeding them the hogwash.
It's used regularly in penny stocks and SEC will never enforce. Even Canada's version of SEC warned everyone of investing in MJ companies that suddenly appear because they're claiming to be in line for licenses. The number of tickers fo MJ business shot up so fast and many bought into the hype. Supreme was one of them that failed to deliver and now has been exposed.
It really seemed "silly" when one poster would run to Supreme's defense every time someone asked the hard questions about David Stadnyk. Now they've all disappeared because the evidense stands for itself, NO ONE IS BUYING!
AVOID ticker SPRWF at least until mid 2015 when the case of Canada vs growers is heard and ruled on!
Your welcome!
Glad I could help! It lets me know people don't want stocks that can't deliver, 38K shares trading in a day is SPRWF worse nightmare!
Tweed sucks yet they continue reeling in licenses. Supreme has a dilapidated greenhouse and cant even apply for re inspection, to many problems. Tweed has 350,000 sf facility that can produce at any given moment, Supreme has locals from town pulling weeds! Is David Stadnyk ready for this industry or does Lacrosse, Women's Soccer, and fund raisers for his charity come before Supreme Pharmaceuticals?
It's clear the guy can't hold down any executive positions for very long, Supreme will be another. His resume is filled with numerous attempts at entrepreneurship and looks like a school boys first five years in a job market. I'd say radio stations and sports appear at a 20 -1 ratio as far as successfully ever running a company. Guys tried it all, Pharma, power, sports teams, radio stations, none of which he's managed to hold down for any length of time.
I think investors are looking a dead horse in the eye owning this garbage and it's apparent when a few thousand shares trade daily no one believes. If Stadnyk would ever come clean with the roadblocks that lie ahead of this MJ project they would run as fast elsewhere. I'm stuck owning it and have washed away 25K so far don't get caught in his web of dreams.......AVOID STADNYK'S GAME OF SPRWF the ticker that will leave you BK!!
The condition of the F2 facility is equal to that of a 100 year old home that's been vacant and ready for implosion. That place is so far from ready for any business and looking at the electrical boxes alone indicate that most wont meet code on top of the building structure's condition. I'll bet all my shares you fail miserably when attempting again to pass HC licensing in 2015. June or July I'd say.
This
http://www.saugeentimes.com/55%20y/Medical%20MJ%20july%2027,%202014/Template.htm
sums up the reason Supreme has little to no chance of success. This grass roots efforts by a few community workers posing for pictures is not how you convert 320,000 SF greenhouses into working MJ business! Stadnyk you should be embarrassed by this free labor pool associated with your company. You, Sarah, and anyone else that thinks this is somehow gaining you popularity or exposure in a small community are sadly mistaken. You look like a bunch of idiots and your workers that most likely want some buds for payments are worthless. Your hillbilly's labor pool is comical! please get serious with investors money or GTFO!
Ok , now how many other MJ plays will be ready prior to October 31st and granted licenses putting Supreme further back? As sillylung is showing us these licenses are being awarded by HC then anyone ready for inspection is already waiting. For every license issued it drops Supreme down the ladder in line and due to the size and scope of all that's required at F2 any bad weather and you can forget Oct. Nov. Dec. for completion. Not looking good and their contractor has only brought in a small crew for that size of job. Donald Trump would have had 500 guys on a project that size and completed in two weeks but that's difference between who's got money and who's scraping up capital in small amounts.
Driver's licenses!
I have to agree with all your opinions here. It seems that Tweed went to great efforts to quickly search, find, acquire, and license a facility equal to or greater than that of Supreme. Now how did they manage to do all that while Stadnyk is struggling to get even the smallest of tasks completed.
Answer, MONEY! These contractors that know the requirements for HC , and there are plenty in Canada are surely in business to make profits. With Tweeds access to money for capital expenditures contractors will go to the highest bidders. They also showed Canada that we are ready at a super size facility vs others who are falling behind and very well could sway HC to go with smaller producers issuing more licenses and spreading opportunity. I think Supreme's chances for a license anytime soon may have been critically wounded by Tweed's decision to gain another license while Supreme is months away.
I said it all along, Tweed want's nothing more than to have the largest market share in Canada and this is a good indication they are fighting all competitors ruthlessly!
36,959 shares traded today so far in a company that's getting ready for a MMPR license, seems crazy but those are the facts silly. I see they're are waiting for it to hit $1.00 -$2.00 and on and on then they'll jump in. Seems logical to me. Prayer is all you got.
Let me see if I understand you correctly. You're telling viewers that HC is issuing licenses to any qualified grower who meets the new security standards. Then, allowing them to grow while an open case is being heard in Canada's court against an injunction for any licenses to be awarded.
Why doesn't Supreme come out with a PR stating we expect to have license in hand awarded us by HC by November because the case against MJ growers will not succeed. Because he can't and neither can you prove any licenses have been given since that would be illegal. Your $100.00 awaits you silly just show me the $0.50 by EOY!
Ah Ha! Now you are starting to sound pessimistic that HC is not speaking. It's a big case and will require the full amount of time asked for by attorney's defending those who don't support paying 3x the cost of growing their own. Licenses...stopped cold until then. So admit it you're optimism you spread is really a prayer in disguise.
Website my A, that wont do anything but add more costs to already burdened financial mess. What should visitors look for when they attend open house? I guarantee empty greenhouse's aren't going to have wealth managers throwing money at it. Get real will you this is a year away if it survives the teens and below once Stadnyk comes clean with the ultimate delay speech and I'm very sorry announcement!
You can't have a MJ business unless you have an agreement by users and growers for product to be as reasonable to buy as it is to grow your own. Supreme Pharmaceuticals is not a business until they have the method of receiving money for services. Ask any accountant how long you have to consider yourself a business and write off losses without accounts receivable, before they penalize you. Two years I believe and this is no where near making an income.
Ok I here your point. Now let's visit the quest that Stadnyk is looking at. If the LP's are struggling to meet demand why would he be looking outside of Canada. If his goal is to help Canada's needy for MJ then the production should be focused on that vs trying to lure investors into the dream of servicing America. He thinks big but does not even produce small, that to me is something that HC may regard as cocky or using a Canadian license to service those outside their borders. The whole reason the general public filed the injunction and is up in arms is that public companies need to make profits. The mention of lower grade MJ for those struggling on fixed incomes will become a major problem if indeed the demand drives up prices and no one can afford. I don't see a happy medium at this point non do I see this case favoring those looking to make millions on something they could just as easy grow in their privacy. No one can guarantee the case goes in favor of growers. ALL licenses are on hold until that matter is ruled on. So we have no chance of plants in ground by EOY. That is where Supreme will fall unless things develop in favor of both sides.
This is exactly what happens when statements made fail by CEO's. If all that was missing in the first place was a vault, some cameras, some fencing, a few want to be cops for security why the hell did this DORK apply for licenses. We are all screwed if plants aren't in ground by December 31st. Now tell me, how can that happen as Stadnyk's IR department answered that question when the case won't be heard for another 8 months? AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!
For those of us unfortunate enough to be holding this it's like getting kicked in the teeth by a Mississippi mule. The mere fact that That went for inspection at a point where a denial of license was imminent frustrates the hell out me in hindsight. A CEO looking to get into the MJ business should have had some idea they were not ready and focus on that before any of the other promises that missed anyways! Now the possibility of this injunction having teeth could wipe out any and all chances of further licensing!
What a mess Stadnyk has on his hands with the use of investor money! Just watch as the next offering comes into play as the S/P is so low he'll use it as a method to try and entice more investors and promise the delivery which will could happen. meanwhile everyone holding this crap gets corn holed!
you are very wise. Investing is a battle in penny's. you fight tooth and nail for information that stands behind the leader. In this case Stadnyk is hopeful of many things put has disappointed and now has dates set for upgrade finalization. It is impossible for that date to be met and if I'm wrong I apologize but lets be real winter in knocking on the door. Delays are inevitable. It's not personal just my way of sharing.