GREY:CHALF - Post by User
Post by
markgreenon Dec 29, 2021 2:52pm
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Post# 34268531
Chalice FAILURES in 7 years, besides investors' losses
Chalice FAILURES in 7 years, besides investors' losses
Shareholders have been substantially diluted in the past year
Expanding Debt on annual and Quarterly basis to 70% higher than Q1/2021
Acquiring failed businesses when they can’t run their own!
Disintegrating Operational cash-flow
Has less than 1 year of cash runway and NEGATIVE cash flow for operations
Failed its investors for 7 whole years
Stock lost 99% of value in 7 years
Stock is down to $0.28, 80% lower than 7 months ago
Cosmetic management changes failed
Current Management failed and the 80% drop in stock value in 7 months is proof
Competitors doing better financially
Consolidation 23:1 reverse split turned out to be a sham
Debt is at a Record >$25MM Million at 10% Interest in 10 months with more than 1/2 due in 2022
No Profits for nearly 13 quarters (Profit margin -23% in Q3/2021)
Not forecasted to become profitable over the next 3 years