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Bullboard - Stock Discussion Forum Chalice Brands Ltd. C.CHAL

Alternate Symbol(s):  CHALF

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root. see more

CSE:CHAL - Post Discussion

Chalice Brands Ltd. > synopsis and BIG SCAM of what is actually going on here 😂😂
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Post by TheCanadianDude on Oct 21, 2022 1:08am

synopsis and BIG SCAM of what is actually going on here 😂😂

synopsis and BIG SCAM of what is actually going on here

BIG SCAM Investors are tired of hearing excuses for 1 yr

And blaming the sector. That is why manipulators are planted here

MJ Sector is NO EXCUSE: CHALF failure NOT related to sector

CHALF Stock failure NOT related to MJ sector

  1. Shareholders have been substantially diluted in the past years 
  2. Stock tanked at a record low $0.14 & stuck there
  3. Expanding Debt on annual and Quarterly basis Acquiring failed businesses when they can’t run their own!
  4. Disintegrating Operational cash-flow
  5. Has scarce cash flow for operations
  6. Failed its investors for 8 whole years (-99.6% loss in value)
  7. Stock is down by - 89% lower than 16 months ago
  8. Cosmetic management changes failed
  9. CFO Resigns
  10. Auditor Quits
  11. Current Management failed and the 78% drop in stock
  12. Competitors doing better financially
  13. Consolidation 23:1 reverse split turned out to be a disaster
  14. DE ratio is at 68 meaning every $1 Chalice owns, it owes $68 in debt
  15. No Net Profits (Profit margin -22% in Q3/2021)
  16. Not forecasted to become profitable over the next 3 years
  17. Market cap dropped by 300% only this year from $64MM to $9.1MM
  18. No financials for over a year and excuses are piling up and dates being pushed back! Promised by Sept 30th but NOTHING TO DATE
  19. Excuses mount to become comical now pushed to October!
  20. Trading Halted in Canada
  21. Forecasts by analysts discouraging
Comment by Greenmoneyman on Oct 21, 2022 8:14pm
NONSENSE
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