Supreme DD O/S update, Acquisition detail, News li
Post# of 316
Watch CEO interview with John Fowler head of operations at F2 (I believe this was made because Green Rush Conference blew the live feed) below:
Source: http://vimeo.com/99268138
David Stadnyk CEO resigns from Sahara Energy. April 8th, 2014
http://www.stockwatch.com/News/Item.aspx?bid=...FSE®ion=C
How share structure is where it is currently(always changing).
On October 1, 2013, the Company completed a non-brokered private placement up 79,900,000 Common Share units at $0.005 per unit for total gross proceeds of $399,500(This is already in the float). Each unit consisted of one Common Share and one Common Share purchase warrant. Each warrant is exercisable for 12 months from closing at an exercise price of $0.05 per Common Share. No insiders participated in the financing. Finders' fees of $4,840 and 1,040,000 finder's warrants exercisable for 1 year from closing at $0.05 were issued in connection with the closing.
http://www.cnsx.ca/cmsAssets/docs/Filings/201...tement.pdf
79,900,000 option shares x .05pps = $3,995,000.00 in money raised for acquisitions once warrants are fully exhausted from the Private Placement Offering.
O/S(Outstanding share count) breakdown for SPRWF/C.SL
To give a breakdown of the warrants so far.
Shares Outstanding 48,174,362 For year ended June 30,2013.
Adding 48,174,362 + 79,900,000 .005 warrants that were exercised = 128,074,362 o/s. This was the O/s Prior to any .05 warrants being exercised.
http://sedar.com/GetFile.do?lang=EN&docCl...ls\MDA.pdf (Page 5 shows the O/s as of June 2013)
What is left remaining is the .05 warrants that were also issued with the .005 private placement.(There was a mirror total of 79,900,00 of these).
As of 6/30/2014 O/S is 185,682,362
http://www.cnsx.ca/cmsAssets/docs/Filings/201...action.pdf
So if we subtract current o/s as of June 2nd 185,682,362-128,074,362=57,608,000 shares of the .05 warrants have been exercised.
Subtract 79,900,000-57,608,000= 22,292,000+1,040,000(Finders fee associated with the warrants)= 23,332,200 .05 warrants are left.
Monthly Progress Report from July 10, 2014(form 7) reported that o/s is now 285,193,425 with 93,211,063 in escrow for F2.
This gives us 191,982,362 mil - 185,682,362 (O/S reported on 30June) = 6,300,000
Currents warrants stood at 23,332,200 - 6,300,000 = 17,032,200 Left remaining
6.3mil warrants exercised in last 7 trading days!!! (Thank you Wiseguy13 for calculating for the lazy like myself.)
http://www.cnsx.ca/cmsAssets/docs/Filings/201...Report.pdf
Grant of Consultant Options made for a total of 2 million shares but gave us an O/S update as of July 14th. With Shares Outstanding of 290,443,425.
Subtracting the new and old o/s 290,443,425-285,193,425=5,250,000 Warrants hit the market in 4 trading days.
Subtracting the warrants outstanding left remaining 17,032,200-5,250,000=11,782,200 left remaining as of July 14th.
http://www.cnsx.ca/cmsAssets/docs/Filings/201..._Grant.pdf
As of July 21st O/S 294,270,684
Subtracting new o/s 294,270,684 from old 290,443,425 = 3,827,259 Exercised shares during July 14-21st.
11,782,200-3,827,259= 7,954,941 warrants left remaining. I'm estimating by end of July/Beginning of August they will be finally over.
http://www.cnsx.ca/cmsAssets/docs/Filings/201...action.pdf
A side-note on AmmCan Insiders.
The Company has agreed to issue a total of 93,211,063 common shares at a deemed price of 0.07
per share, half of which to be issued on closing and the other half upon granting of the full
MMPR Licence. The parties have entered in to an escrow agreement pursuant to which
70,389,957 shares will be released over a 3 year period in 15% tranches every six months, the
first release being on December 1, 2014.
Neither control of or the board of Supreme will change.
http://www.cnsx.ca/cmsAssets/docs/Filings/201...sition.pdf
Two Major acquisitions nearing completion.
1. Backroads Enterprises LTD. in South Okanagan(MMPR License already confirmed to have been sent to Health Canada and also producing under a MMAR). Payment for an option to buy made for $125,000.00 and 2,000,000 shares price at .05 exercisable after August 24th 2014.
http://www.rdosmaps.bc.ca/min_bylaws/admin/di...cility.pdf
http://www.cnsx.ca/cmsAssets/docs/Filings/201...ittal_.pdf
http://www.cnsx.ca/cmsAssets/docs/Filings/201...rities.pdf
http://www.cbc.ca/daybreaksouth/2014/03/25/da...25th-2014/
2. Ontario Acquisition. Initial $250,000.00 payment made. $750,000.00 payment on Facility made May 23rd
http://www.cnsx.ca/cmsAssets/docs/Filings/201...Target.pdf
http://www.cnsx.ca/cmsAssets/docs/Filings/201...action.pdf
http://www.marketwired.com/press-release/supr...913620.htm
http://www.cnsx.ca/cmsAssets/docs/Filings/201...omplex.pdf
More info on F2 Ontario(Thank you 69ingChipmunks and Thetransporter for the DD on this one):
I was talking to transporter on stockhouse he found this info.
Transporter:
Well when someone mentioned it's in the Bruce Industrial Park and used Google maps to look around the Bruce Nuclear Plant for this industrial park and found it!
Once again for those who are just seeing this thread for the first time, here is the link to seeing Facility 2 via Google maps satellite:
Read more at http://www.stockhouse.com/companies/bullboard...lWYsihl.99
https://maps.google.com/maps/myplaces?ll=44.3...dg=feature
Search #1: MLS#2013144991
Search #2: 33286-0211
https://www.facebook.com/media/set/?set=a.145...amp;type=1
It was apart of Lot 18, so check out Lot 18 in Bruce Township as well.
Confirmed June 2nd acquisition in Ontario:
http://www.cnsx.ca/cmsAssets/docs/Filings/201...rities.pdf
Background information Acquisition 2 in Ontario:
Master Grower MED-MAN(Thaddeus Conrad)linkedin Profile:
https://www.linkedin.com/pub/med-man-brand/80/15/909
Master Grower confirmation working for AMMCAN
https://www.icmag.com/ic/showthread.php?t=283675
https://www.icmag.com/ic/showthread.php?t=283674
http://growyourownmedicine.blogspot.com/2014/...juana.html
Med-Man branded seeds! (Thanks Built tough)
https://www.seedboutique.com/catalog/index.ph...83a425ddaa
http://www.seedbay.com/index.php?a=5&b=365
Ammcan MMPR Application submitted and pending (security implementation) Appears AMMCAN applied in January so this MMPR deal happened some time ago. If you read this privately AMMCAN was raising $25,500,000.00 Read page 4. Supreme paid 6 million dollars in shares and 4.5 million dollars in cash(for facility) for AMMCAN. Thats 10.5 million dollars. AMMCAN understands the value as a publicly traded company so they gave supreme a discount for the takeover. This should see a much bigger valuation in the 50 million to 100 million(.50-1.00 minimum price per share) once the MMPR is in the hands of Supreme. IMO. Link below:
http://issuu.com/margitmiryamherburger/docs/a...fb841e4e91 Link is now dead.
On June 6th construction began for updating the security of facility completion within 90 days.
http://www.cnsx.ca/cmsAssets/docs/Filings/201...sures_.pdf
F2 Local 3RD Party NON-paid Media Coverage.
http://www.lucknowsentinel.com/2014/07/08/sec...uana-plant
http://london.ctvnews.ca/medical-marijuana-fa...-1.1889808 (Video of F2)
http://www.bayshorebroadcasting.ca/news_item....wsID=67186
http://www.owensoundsuntimes.com/2014/06/27/k...0-new-jobs
http://blackburnnews.com/midwestern-ontario/m...-proposal/
http://eedition.kincardinenews.com/doc/kincar...4070201/#2 (local news paper)
Side notes:
This is an interview with an MMPR implementation expert he states to see at least 25-30 MMPR licenses being distributed before years end this year.(Thanks Tooyoungtodie)
http://www.midasletter.com/midas-letter-finan...-interview
CEO David Stadnyk has his own charity
Http://www.givingandwinning.com
Interview with Stadnyk
https://www.youtube.com/watch?v=W_E7mZVwQB0
He is also co-founded Arsenal Energy.
https://finance.yahoo.com/q?s=AEI.TO
In-depth DD on CEO:
http://www.stockhouse.com/news/newswire/2014/...ng,-high-q (This confirms a lot of what the long-term shareholders found. This is a good read)
http://seekingalpha.com/instablog/17663872-ku...-in-canada
http://www.thevoyageurs.org/index.php?/topic/...s-release/
Insider options/common shares/ownership/filings:
http://canadianinsider.com/node/7?menu_ticker...aceuticals
For sedi insider transactions/detail:
1.copy and paste link below
2.view summary reports on the left hand side of the webpage
3.select first option Insider transaction detail
4. Under Madatory criteria select Issuer name and type "Supreme pharmaceuticals"
https://www.sedi.ca/sedi/SVTReportsAccessCont...cale=en_CA
Sedar filings(Supreme is filing exempt with SEC since they trade in Canada and have what you call sedar filings instead of edgar filings.)
http://www.sedar.com/DisplayCompanyDocuments....&sub=1
The stockhouse ones are opinion pieces(paid for placement but not opinion):
http://www.stockhouse.com/news/newswire/2014/...ramp-it-up
http://www.stockhouse.com/news/newswire/2014/...Sf40OpT.99
http://www.vancitybuzz.com/2014/05/b-c-mining...a-venture/
http://www.nasdaq.com/press-release/in-the-me...0501-01111
http://www.forbes.com/sites/kitconews/2014/05...marijuana/ (Kudos to Alexandergustavo for sniffing this out!)
http://manufacturing.pharmaceutical-business-...14-4276847 (Again kudos Alexandergustavo!)
http://www.hortidaily.com/article/8882/Canada...production
https://www.youtube.com/watch?v=jBUNFdR5lVc#t=24
http://www.stockhouse.com/news/newswire/2014/...ng,-high-q
http://globenewswire.com/news-release/2014/07...n-D-C.html
http://finance.yahoo.com/news/supreme-pharmac...rc=applewf