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Author Topic: Medical Marijuana Stock In The Spotlight: Supreme Pharmaceuticals (SPRWF)  (Read 1908 times)

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Updated DD on Supreme including Facility 2 details...

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(So far 26723000 have been exercised officially). No insiders participated in the financing(Which means T/A has the answer from what I gathered the rep didn't know he said "I looked at google finance" when I called them. Finders' fees of $4,840 and 1,040,000(I'm sure these went early.) 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/2014/2014_04_17_15_04_13_SL_Listing_Statement.pdf

David Stadnyk CEO resigns from Sahara Energy. April 8th, 2014

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:FSE-2164129&symbol=FSE®ion=C

As of April 20th, there are 53,177,000. Shares reserved for issuance. By now we should be almost out of these if not already done with them.
http://www.cnsx.ca/cmsAssets/docs/Filings/2014/2014_04_20_16_52_38_SL_Signed_form_1A.pdf

79,900,000 option shares x .05pps = $3,995,000.00 in money raised for acquisitions.

Total o/s is between 157,697,362(based off f2 acquisition paperwork documentation listed below under 2.) and 210,474,362.

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/directors_correspondence/2014/04April/15AprProduction_facility.pdf

http://www.cnsx.ca/cmsAssets/docs/Filings/2014/2014_04_29_13_13_35_SL_Supreme_Reports_MMPR_Application_Submittal_.pdf

http://www.cnsx.ca/cmsAssets/docs/Filings/2014/2014_04_24_16_48_51_SL_Form_9_Notice_of_Proposed_Issuance_of_Securities.pdf


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/2014/2014_05_13_10_02_51_SL_Supreme_Announces_Second_Acquisition_Target.pdf

http://www.cnsx.ca/cmsAssets/docs/Filings/2014/2014_05_21_20_04_58_SL_Form_10_Notice_of_Proposed_Significant_Transaction.pdf

http://www.marketwired.com/press-release/supreme-pharmaceuticals-acquires-ontario-greenhouse-complex-future-medical-marijuana-cnsx-sl-1913620.htm


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/c.sl/supreme-pharmaceuticals-inc#7xmxHmgJdlWYsihl.99

https://maps.google.com/maps/myplaces?ll=44.31013,-81.549448&spn=0.003942,0.008256&ctz=240&t=h&z=18&dg=feature



Search #1: MLS#2013144991

Search #2: 33286-0211

https://www.facebook.com/media/set/?set=a.1459107184301015.1073741844.1459077384303995&type=1


It was apart of Lot 18, so check out Lot 18 in Bruce Township as well.





A third acquisition in B.C. that hasn't been officially NR'd yet. 45 DD period approaches.(News overdue on this one. Supreme has been known to be late their own party.)

http://www.proactiveinvestors.com/companies/news/53440/supreme-pharma-extends-due-diligence-period-cancels-private-placement-53440.html


Side notes:
CEO David Stadnyk has his own charity
http://Http://www.givingandwinning.com

Interview with Stadnyk


He is also co-founded Arsenal Energy.
https://finance.yahoo.com/q?s=AEI.TO

In-depth DD on CEO:
http://seekingalpha.com/instablog/17663872-kuala-kaimi/2814463-supreme-pharmaceuticals-inc-a-new-entrant-to-mj-in-canada
http://www.thevoyageurs.org/index.php?/topic/7475-david-stadnyks-comeback-press-release/


Insider options:
http://www.cnsx.ca/cmsAssets/docs/Filings/2014/2014_05_28_15_25_22_SL_Form_11_Notice_of_Stock_Option_Grant.pdf

I confirmed by buying this report that there are about 31million or so give or take stock options, common shares, and warrants held by insiders. Feel free to PM me I will send you the report.

http://canadianinsider.com/node/7?menu_tickersearch=SL+|+Supreme+Pharmaceuticals

Third party news stories on SPRWF(Organic news):




http://www.stockhouse.com/news/newswire/2014/05/13/medical-marijuana-update-supreme-c-sl-shows-creative-edge-fitx-how-to-ramp-it-up

http://www.stockhouse.com/news/newswire/2014/05/23/medical-marijuana-update-affinor-wins-big-growlife-ceo-boosts-stock-38-quitting#6whKfI7vzSf40OpT.99

http://www.vancitybuzz.com/2014/05/b-c-mining-company-looks-big-money-new-medical-marijuana-venture/

http://www.nasdaq.com/press-release/in-the-medical-marijuana-market-pick-a-winner-20140501-01111


http://www.forbes.com/sites/kitconews/2014/05/28/junior-miners-still-looking-at-medical-marijuana/ (Kudos to Alexandergustavo for sniffing this out!)

http://manufacturing.pharmaceutical-business-review.com/news/supreme-pharma-acquires-ontario-greenhouse-complex-for-future-medical-marijuana-production-260514-4276847 (Again kudos Alexandergustavo!)

There is a lot in store with SUPREME. This is a 5x-10x bagger at current pps with one MMPR. Imagine 2x MMPR or 3x MMPR! This company is going to make a lot of peoples dreams come true don't miss the boat. IMO
Read more at http://www.stockhouse.com/companies/bullboard/c.sl/supreme-pharmaceuticals-inc#tj1v3QY5Xx1WZ5mH.99

 

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