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Chalice Brands Ltd 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.


GREY:CHALF - Post by User

Bullboard Posts
Comment by Losingmoneyon Dec 11, 2016 2:57am
135 Views
Post# 25581785

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BMF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BMFThis is 100 percent not the bottom, at all! The recent sedar filing states decreased revenues of up to 75 %! 75%!!!!!! That's insane to say the least. This stock will likely continue to be hammered and hard. I honestly think 7-8c would be the bottom, but even then, no one trusts Don. This company withheld material information several months ago, and did so again not one month ago . I am not big on bashing, but this company is a dumpster fire. Really and truly. I honestly feel bad that people are actually still in this and have delusions of glh becoming some sort of Titan. I sold long ago at 30c at a 10k loss, but have rebought and sold a few times on this one . Haven't recovered my losses, but have recovered my loss of confidence in pot stocks.i hate glh, and hope don resigns with a huge apology to investors followed by working at McDonald's as a storefront employee, forever ,
Snickel wrote:
It really is scary knowing that Don is likely to do anything with the 10 mil.
Maybe roll the worlds biggest spliff......get on the news..............impress Donald Trump..................advertise you know.

No bankrupcy coming though Ray.............we both know that.
A buyer would present itself long before something like that ever happened IMO...and pay more than 30 cents a share for certain.

Anyhow guys...........I can't see any more damage being done to the sp..............it may trade low for some time.................but this is basically the bottom...

Peace





longshot777 wrote: Ahhhhhh yes. The agreed upon fee for the Washington license. We should start guessing that. How much did they raise from the dependitures?, 12m right? I will guess 10m will a bunch of options. Yeah I know, I'm out to lunch, but we are dealing with Don.
NevadaRay wrote: B I N G O, exactly what LS said...Is the next funds at 15 cents? Can someone pls send Don a dictionary for Christmas? Highlight transparency and minimal....You're all prepared for Peter's "minimal" fee?  Why not answer that question?  Why the secret?
longshot777 wrote: I think there may be some confusion to what's being said here. I am long and will probably will buy more. This isn't about a long-term hold or the issues Oregon keeps finding itself in. This is replay of managements behavior from earlier in the year. Remember the operation stoping in Feb/Mar., Company having cash restaints etc. Remember not being informed????? This has happened again. Again they have promised going forward full transparency. Do you believe it??????? I'll tell you the market doesn't believe him or have any faith in him. How many board members have left??? So again this isn't about the company working in 5yrs. This is about a problem that is scaring off investors new and old. The problem is HONESTY. Let me ask you all this. When Don needs more money in the future and announces dependitures; what will you do? Why be nervous with Don at the wheel, right????
MrJeb215 wrote: What has changed so drastically to make so many so pessimistic? We've known for quite some time that Peter has loaned his shares to the main suspect in shorting. you've had a chance to get out 30 cents ago. Ray you used to be the most optimistic, even after that revelation long ago. Is anyone else here long on this one? I still believe its well under value and always have been. Low SP sucks but I think we're due for a rebound once we get to know how long of a wait the LPs are in for when it comes to a rec market. I'm sure we have at minimum a year to wait for legalization in Canada, unless the provinces are particularly prickly on the roll out. GLH will already have senior operating experience in a mature market by that time. Anyway just my 2 cents

 

 






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