Chalice Brands Ltd. C.CHAL

Did I lose or my money or am I missing something

[Maztol]

So I had more than 15000 shares with GLH on my questrade. Yesterday my balance was reflecting the market closing $1.45 times 15000 shares so $21750. Today new Chalice ticker is on and shares converted to the 1 for 23 ratio. But my balance has only $900 on it. Am I missing something. I was holding GLH for more than 5 years at 0.40. Did u lose my money???

[NachoMan]

Yes, you did. The reverse split is a legalized scum. Welcome aboard...

[MoneeMakr]

The reverse split made everyones account look like they had old number of shares, with new price. Until the brokerages corrected. So, in your case, 15000 x 1.45. It was a reverse split. If you owned 15000 shares @ 0.06 you now only own 652 at 1.45 or $947 like you did last friday.

[Oasisjunior]

Bend over little buddy,,, Reversals are never good for share holders,,,, my account has lost 26% due to the conversion.......

[RickyBobby412]

Your statement makes no sense. How the F do you lose 26% in conversion? The value of your shares are the same post consolidation. And FYI my shares are worth more now today then compared to pre consolidation.

[daveinvestor]

It's hilarious how hard the guy with multiple accounts tries. Yes exactly no one lost on the deal except the shorter from Tues. No one lost 26% in the conversion, absolute lie. I wonder if our village idiot is making a re-appearance?  

[MoneeMakr]

Lol yeah what an idiot. Nothing he said makes sense.

[gianfranco1]

These shorts are trying everthing to get you to sell.

[NachoMan]

Yep, easy peasy, say me and buddy decide to print some money fast, we give ourselves a few million shares at "company prices" (like 0.001) then do a reverse split and presto chango: we got millions of dollars coming in while people who bought at 0.50 while back, are left now holding the bag...just priceless

[Oasisjunior]

Exactly,,,, down 26%

[Bestbuybully]

They used the money to buy another company with 5 retail operating facilities that are already making money. Are you STUPID?! Or just not paying attention???