CHALF Stock failure NOT related to MJ sector https://finance.yahoo.com/quote/CHALF/key-statistics?p=CHALF - Shareholders have been substantially diluted in the past years
- Stock tanked at a record low $0.13 An 8 year RECORD LOW
- Expanding Debt on annual and Quarterly basis Acquiring failed businesses when they can’t run their own!
- Disintegrating Operational cash-flow
- Has scarce cash flow for operations
- Failed its investors for 8 whole years (-99.6% loss in value)
- Stock is down by - 90% lower than 16 months ago
- Cosmetic management changes failed
- CFO Resigns
- Auditor Quits or fired
- Current Management failure:
Management Effectiveness
Return on Assets (ttm) | -4.60% |
Return on Equity (ttm) | -57.61% |
- EBITDA = -1.45 Million
- Competitors doing better financially
- Consolidation 23:1 reverse split turned out to be a disaster (-90% loss of value)
- DE ratio is at 68 meaning every $1 Chalice owns, it owes $68 in debt
- No Net Profits (Profit margin -22% in Q3/2021):
Profitability
17. Not forecasted to become profitable over the next 3 years (Wallet Investor.com)
18. Market cap dropped by 300% only this year from $64MM to $10MM
19. No financials for over a year and excuses are piling up and dates being pushed back! Promised by Sept 30th and now October, but NO sign!
20. Excuses mount to become comical now pushed to October!
21. Trading Halted in Canada
22. Forecasts by analysts discouraging (BARCHARTS.COM)