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do you call warning hurting? sad.
here here
Do you know where the share price would be sitting today pre R/S let me throw out a conjecture...$0.055!
What has been accomplished as promised since this action....nothing! It was supposed to be a money generator as investors would surely flock to a stock priced at $0.50 vs $0.10 per CEO Stadntk! What happened instead, smart money sold as fast as possible knowing all the circumstances that would preclude. Now you have 1/2 your market cap, bills coming due, contractors wanting progression payments, not shares devaluing daily, and a CEO updating websites.
That's not going to cut it silly!
You've just got all the answers except one. Will SPRWF ever see $0.50 in 2014, my $100.00 says NO! No worries that gives you 4 months wiggle room to get one prediction right! Go back to work doing DD so we can see what other ventures lie ahead for SUPREME.
More facts for you silly. Beginning May 29th 2015 Supreme Pharmaceuticals is under obligation of repayment of the 3.5 million dollars owed AmmCan with an annual percentage rate of 7%. Unless this case is determined by the courts that will cause a major financial problem as no license in hand before equals no revenues. However the payments are to begin promptly. Care to explain how that will happen with $0.00 in revenues? Stadnyk can say whatever he pleases but no money in hand equals a falling share price just as we're watching unfold daily!
In case you haven't noticed there is no volume even ay
t these discount levels for one reason. No one believes except you that they make any of the promised deadlines they committed to. It's suicide for them if OCT. passes and no approval is awarded. Guess what Injunction says no licensing for anyone!
AmmCan pre approval was prior to the injunction and that case is being heard somewhere around middle of next year. That now means the pre approval is reneged. There are no guarantees as I've read the arguments from both sides that H.C. is required to hand them or any of the other potential candidates a license period and in fact shuts the process down entirely. What is at stake is the possibility that Canada's courts stop the issuance of any further licenses which lobbying by current licensees is substantial. They control market share and met requirements during the short window of opportunity. The others including Supreme Pharma are all at risk of denial of any further MMPR licenses until case is ruled on! Now tell me I'm wrong!
For one a guaranteed license for MMPR. You've also given your SP ranges of where SPRWF will be be in the future I saw $0.50. You've also said we'll surpass the PRE reverse split soon.
I'm also telling you as an investor and what I've read on Marcomm and the refurbishment process currently under way, It's impossible for this Oct. 31st. 2014 date to be met. That alone is going to retract this SP by another 40% at least.
Let me know what I've misquoted please.
In all fairness you must let these speculation dates play out. If at any point these are not met with the company and it's credibility will self destruct.
Some of our frequently asked questions: $SPRWF $SL
Sourcing Materials: We are sourcing materials via seed from two potential distributors in Europe where laws will permit the export of cannabis seeds. We will be applying for an import permit at the same time our application is approved and have already had preliminary discussions with Health Canada to this effect. We are also speaking with existing LPs regarding the possibility of sourcing some domestic genetics as well - as this would avoid any delays with the importation. Primarily, our genetics will be from the Med-Man-Brand catalouge of medical marijuana varieties, with a selection bias for those which fill certain market niches (i.e. high CBD) and those which have been awarded at various "cannabis cups".
Grow License: We are not yet licensed to cultivate. We received pre-approval (ready to build letter) in January 2014. We anticipate being ready for inspection by the end of October, 2014.
When you have IR posting answers to hard questions, they better be right in today's trading world. Supreme is only as good as there predictions looking forward delays are not excuses and investors punish companies that miss dates.
What is the time line from plants in ground to harvest for the layman? What might be the estimated production of grams from the first planting to market?
would it be wise to have plants in ground for the open house as proof that were fully licensed and underway or simply walk through an empty facility?
Thanks for any answers you can provide.
again, please tell the viewers what an empty green house with piles of dirt laying everywhere, and a dozen men working over a 340,000 sf project has in relation to this going higher. The fact of the matter is the security contractor posting tweets has no impact on SP and those looking for an entry here are at great risk of loosing significantly until project is finalized. If Stadnyk were to publicly announce a hard final date then maybe it would draw attention. He's not because he sees the potential for delays and as the EOY approaches without completion i expect SPRWF to drop into the low $0.20s if not the teens. Mark this post as a warning from one who has lost several thousands thus far, it's not done dropping yet.
-$0.08 from three days ago when it touched $0.40 is close to 25% loss. I'd venture to say term "SHORTLY" you are referring to is a stretch of the imagination. From the pics I've seen this facility is nowhere near ready for completion let alone another inspection by H.C.! Please if your going to pump at least leave out words that do not correctly correlate with the situation at hand. This stock like any other should be traded when you see gaps of $0.04 to $0.08 every time, until any approval by H.C is deemed true and published by CEO of Supreme. Several months away from security upgrades and with cold weather hitting in a few weeks expect major delays! Best case scenario May June of 2015 for inspection if they're lucky, that's obvious silly!
And this group is responsible to get out news to who? How much are we paying them?
The company has retained Agoracom for their online investor relation's initiatives. Pursuant to the terms of the Agreement, the company will issue common shares equal in value to $15,000 on each of the following dates: late August 15, 2014, December 15, 2014, March 15, 2015, and June 15, 2015.
Oh I know they're only there to send sillylung tweets and e mails and then he informs us as to what's going on with Supreme.
The news we need is how much will share holders get diluted. Another mouth to feed and we haven't got a plant in the ground yet! You don't add personnel when their is no revenue to be seen for several months. My goodness what is Stadnyk thinking. The contractor builds to plans they don't need a babysitter. Oh well Guess we'll just keep feeding shares to people and media for nothing!
Here we go boys and girls, let me just say 'I TOLD YOU SO' before it happens...comical LOL! EBIDA,EBIDA,EBIDA.....do I here $0.29 going once, going twice, sold to the next sucker!
Wow do I feel better now on the possibility of a stronger ROI with my SPRWF shares! I saw (3) more workers in the new pics at the 320,000 SF facility so that only makes them responsible for 48,857.143 SF of new construction each. Odds are in my favor this is not complete till 2nd Q next year but hey, we can dream EH!
Day's not over yet now is it!
UH OH! It's at the magic number $0.30. Looking for the big dump soon!
Amazing that at a 340 thousand s.f. facility in 7 photos of ongoing construction there are only 3 laborers working unless you take into account there's actually someone in the trac-hoe operating it. I know I know that's to keep costs down and within budget. At this rate can anyone honestly believe that we'll be signed off on by H.C. and plants in ground by December? Really, I guess miracles can happen right?
Supreme Pharmaceuticals Inc. (the "Company") (SPRWD)(SL.V) is pleased to report it has retained Agoracom, an online investor relations and marketing firm, to generate an awareness program.
Awareness of what. Investors want pot in ground and buds blooming not pics of buildings and some publicist telling those interested that supreme is hoping for HC blessings.
You sir are completely naive of today's markets. Promises that don't get met are a death wish. Supreme is treading water at best and will need evidence of revenues soon or $0.26 will be cut in half in the twinkling of an eye!
What people are watching here is how the share price creeps up 1/2 penny a day with pathetic volume under 100k to get near .30 then suddenly we get 1.5+ million shares traded in one day and were back to $0.24!
This is the running theme and it's not day traders causing the drop, it's someone exiting at a range of .27 - .295 in large blocks!
That should be alarming to LONGS!
$ 0.30 would be nice for more than 5 minutes in one trading session! $0.35 ,$0.50 now you're stretching it without the famous MMPR license in hand. Telling investors anything but " we've got the green light to plant, harvest, sell" will not move SPRWD!
Nope, no calls to Supreme because the tendency for any company is to avoid time stamps on anything they've predicted or tell you things like ,"we're a growth company" so invest now at your own risk.
Worthless time spent. The only thing I need to see are forward looking statements actually happening causing the share price to rise accordingly. All else is dreams, quotes, ideas, predictions, that never influence the share price.
Time is not on their side and one more denial of license put's Supreme at high risk for collapse.
Thank you for sharing this information. I'm wondering if they issue licenses to several more of the applicants but have a court ordered injunction in place that "could" allow patients to grow their own would that stymie all growers?
Seems logical that the possibility exists. That's where agreements need to be in place between pharmaceuticals, doctors, and people in need that low price grams can be attained in lieu of grow your own for 1/2 the price policy they currently enjoy. Everybody would be on board quickly to license these companies that meet requirements.
Apparently that arrangement could not be agreed on as cost of planting, growing, selling would exceed drastically by estimates already given from licensed growers. When profits are needed to sustain growth that figure is always past on the those who buy the product. Explain how they sell MJ with no margins to share holders? If they try and force this down patients throats then we are back to black market conditions and across border transactions and the likelihood of many growing illegally still.
Thoughts?
Please post temporary court injunction and highlight the facts you're referring too. That's not how I understand the language of the injunction. Thanks!
Many wishful posters here keep referring to "when the MMPR license is in hand then....."! They are absolutely correct! That one detail is the only thing that's going to move SPRWD higher,PERIOD. "F"king fences, drive through gates, security cameras, vaults, bobbed wire, even pretty little badges to swipe and enter doors isn't going to help the current crisis this company faces. Money Honey is whats needed now and again I reiterate no more licenses will be granted until the injunction is lifted. Please don't sit here and tell viewers that any of the upgrades being done and even finalized are going to put a license in hand, it's a LIE! Health Canada is stopped by law from doing so and possibly mid July 2015 a ruling will come down. All others holding licenses are unable to distribute any MJ as of now so their s/p has been falling as well. Supreme has a big building, and soon to be retrofitted and allot of empty space under roof. Tell those reading, how much income do you think this will produce BUD'
Answer:$0.00
I'll get more satisfaction of telling everyone here the truth and holding my position till it hits zero just to emphasize how CEO's in garbage companies are just that!
You must be new at this trading business. You won't last long if you're buying penny company's like Supreme pharmaceuticals that go belly up. Just give them time they'll shot themselves right in the heart with the pump stories that never deliver!
You call taking a 50% total loss since buying this garbage funny! You keep throwing your money at it and please post all the dollar amounts so I can laugh when it's gone up in smoke , just like all the Stadnyk promises!
Start here
http://london.ctvnews.ca/medical-marijuana-production-coming-to-bruce-county-1.1966900#ixzz3AseBpO00
then work your way back to his interview with all the promises that have come and gone!
He's using words like "construction" in lieu of what's really being done, sorting through junk and tossing. That's a far cry from construction and the impact it's had on investors believing him. His credibility is gone and the worthless infomercials that continue are costing him dearly and for what. None of them can come to fruition w/o MMPR granted licenses. That puts this company and everyone of the hundreds in the application process line on permanent hold bud, no pun intended.
They can't even put plants in ground legally unless they are all carrying Medical cards which I doubt they need or have unless they are approved. So you're telling me and the others that follow Supreme on this board that we should keep buying while chances are eroding and most likely will be halted for several months? Then you say you're buying more when the ticker symbol goes back to SPRWF. FORK TONGUE BUD!
Very funny and highly optimistic. How can they justify even putting this fraudulent information out when things are legally against any more growers being licensed or permitted by Canada's justice system? With a potential date of judgment being in mid 2015 there is no possible way for this video to ever be true.
Another fraudulent attempt by Supreme to entice or scam investors into a no win situation. These company's seem to be trying hard to persuade the country of Canada's justice system we're moving forward with or without your permission, laughable to say the least.
I don't care how Ms. Herberger feels regarding those with similar illnesses that doesn't trump an injunction nor give them the right to build, grow, harvest, sell, and best of all make money doing so. Without that little detail this company and stock are headed for BK in months!
If you think things cannot get worse think again. For all the hard date promises that CEO David Stadnyk is recklessly setting including being licensed and growing by December, wait till they start the excuses and push out dates! Then wait till the security bids actually get submitted for a 342,000 square foot facility to include perimeter fencing and all other safeguards to meet health Canada requirements.
I'm telling anybody now who's considering jumping in at the discounted prices you'll be sorry. There is no possible way that their current cash on hand will suffice Supreme's needs nor H.C. list of upgrades and most likely BK this venture.
David Stadnyk has lied to investors with Construction start up dates that never happened and since then has made multiple forward looking statements that came and went with no results. The only thing he was able to get done was the dreaded reverse split which has cost every one holding over 30% loss or greater.
The side show reporters he's paying to publish his false agenda have no positions in his company. That should tell you what a fraud this guy is.
Supreme Pharmaceuticals could be wiped out by end of year with. David Stadnyk has not put out a single PR as promised that would indicate anything is being done to attain the much needed MMPR license and avoids completing their website so investors can stay informed. Avoid this company or anything they promise and thank me later!
A regretful holder of a house of cards!
You said it bud!
"The unpredictable factor is health canada."
Now as long as as Canada's citizens voices are heard this MMPR licensing is a dead issue. Those treating with Medical weed are not about to give in so expect this fight to escalate for many years. Where do you see Supreme w/o a license and all that high end property they are paying on going until then? Backwards. It'll only take one more court battle extension and all the work in F1 and F2 will not matter. It's like the roulette wheel of stocks and they added 64 more numbers on the wheel and the ball is spinning. Supreme is just one number verses the other 99!
Here! Here! Great response to a wishful thinker. If Mr. Stadnyk did his homework and had his house in order he would never have asked for a MMPR license only to be denied with multiple infractions. The smart thing to do is know 100% what's expected of you prior to submitting for License. 13 others were successful in attaining licenses and very capable of producing all the WEED that's necessary for now. Now there light years ahead of the competition. This situation has become political and Stadnyk plans and intentions may be legit but Canada has literally stopped any further licensing for a reason. None of which any of us having wishful dreams of changing with repetitive pump posts has control over.
SPRWD is now a gambler's stock with odds against being so high that all can be lost in one defeat in Canada's high court! when that happens no one hear knows. Throwing a bunch of wishful posts out at viewers, very entertaining but worthless until Supreme's Mr. CEO David Stadnyk announces "we've attained several MMPR licenses as promised"!
sillylung, maybe Stadnyk will let you personally visit him and allow a live question interview like the one he put out earlier. Then you can ask him all the questions you need answered and download a live stream for all of us. Then you have my attention! LOL!
Another amazing stat! Stadnyk couldn't get any investors to buy in at $0.10 when O/S was 295M. Now he consolidated to 59M and price is only $0.178 pennies away from pre-R/S and still no one wants in. Maybe he souls try another 5:1 R/S get the O/S down to 11.8M and try again!
Between the three main posters on Ihub and the entire BOD they must own 10%. The rest is just sitting in two markets accounts praying some idiot will buy a 100 share today for $0.29 and make the EOD numbers look good.
What a complete waste of time, energy, and money put out by this pathetic stock!
Funny coming from you. You act as though you're the spokesperson for Supreme Pharmaceuticals and somehow interacting with corporate management. Everyone here doing proper DD now realizes your intent. It shouldn't surprise anyone you're trapped and looking for an exit at a minimal loss. However it's dropped further than even you expected looking back at all your pre R/S predictions. Stadnyk is in financial trouble, not personally because he was smart and let investors hold the risk. Now that MMPR licenses are locked down where do you think he'll find capital? How much money can Stadnyk throw at either facility now that Canada's got pot companies on hold. Ever thing Tweed is lobbying to have licensing stopped here and remain exclusive? Of course you didn't but anything in a competitive market is possible. Imagine where their stock will be if Licensing is limited to the 13 at hand! You have got a serious agenda or you're really brave to pump SPRWD at these levels. It's headed to $0.00 by EOY...
Mark it!
Stadnyk, your video really makes you look stupid.
What incredible volume on SL are you talking about? It certainly isn't SPRWD.
Your list of failures regarding pharmaceuticals that you didn't obtain isn't helping your cause regarding the Medical MJ industry you're trying to break into, another failure.
Maybe you should concentrate on getting much needed funds and let the people who make you look smart talk because your public speaking skills are horrendous!
Everything you've done up to now has added no value to Supreme. You neither grow, harvest, or sell MJ nor do you have any indication from Canada's court system of any further MMPR licenses being allocated. Even if you complete all the F1 and F2 projects what good is it when no one will be there to buy off on the upgrades and hand you a license.
Your grasping at air and trying to get the general public to buy into dreams that as of now are 100% on hold. You should have teams in place covering the battle of Canada's Medical MJ program and convincing those day to day users that you will guarantee $2.00 grams to every customer with hardships. Do something constructive for once instead of bragging about all your past successes that really aren't EH!!
A very concerned shareholder!
Supreme Pharmaceuticals list of completions and progress reports for re-inspections by Health Canada for MMPR licenses at F1, F2 and from CEO Stadnyk:
1) NONE
2) NONE
3) NONE
4) NONE
5) NONE
6) NONE
Dear investors we've had to stop progress due to insufficient funding and a substantial capital loss in the past several weeks. Our mission was to expand and through strategic acquisitions gain several licenses. We have failed to deliver any of the necessary requirements for MMPR licensing through Health Canada. We are sorry to inform you of our failure to accomplish and regretfully ask your patience in the matter.
Respectfully,
( _______ _______ ) you know whose name should be here!
Stadnyk has failed to deliver any results of F1 or F2 upgrades. These were crucial selling point to investors and all proposed well before any mention of a 5:1 reverse split. So, telling share holders at this point we need at least 5 million in additional capital to complete even one facility destroyed any credibility he may have had. Now we supposedly have Stadnyk family members sending emails to selected share holders informing them of even greater risks for the coming months and deeper red share value, but not to worry.
This company is in deep financial trouble as I've mentioned and leveraged all existing share holders accounts with a R/S that has since lost Supreme Pharmaceuticals over 7.6 MILLION in market capital. Now Stadnyk asks for 5 million to complete projects necessary for HC approval. Does this make any sense, ask yourself.
My personal opinion is Stadnyk has stepped on toes in Canada touting dominance in the pot business with "MEGA FACILITIES" that all require one simple thing to exist... A LICENSE! Why is it that he cannot shed any light on construction milestones or completion of certain processes that get them closer to a HC license? Simple he's scrambling for dollars and everyday investors are pulling out due to his FAILURE TO DELIVER on anything.
This company is $ 0.28 from ZERO, don't wait get out now.
A strict warning!!
Much obliged! Supreme could offer grams of pot for $1.50 but without a license it's pointless. That's where he's at today.Would you put brand new tires and rims on a rusty car in a field? No, just like he can't continue spending on F1 and F2 if there's even a chance MMPR is rescinded by courts.Notice the price falling and the PROMISED PRs not happening, it's all about CYA!
The latest article written suggests mid 2015. However the fine print states that a final decision could come prior to that if the court so deems it. They could rule in favor of plaintiffs and bypass any further MMPR licenses.