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Bullboard - Stock Discussion Forum Chalice Brands Ltd. CHALF


Primary Symbol: C.CHAL

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. > What does the $0.12 means to investors and CHALF?
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Post by TheCanadianDude on Nov 02, 2022 11:20pm

What does the $0.12 means to investors and CHALF?

*$0.12 ÷ 23 (RS multiplier) = $0.005 OR 0.5 Cent In real value

*$0.005 compared to $1.35 8 years ago = -99.9% Loss in value

*$0.12 compared to $1.27 after reverse split in May 2021
= -91% loss in value in nearly ONE YEAR (may 2021 reverse split)

*Stock has been stuck in the $0.10 to $0.20 for months

* 0.12 will get worse since the financials have not been posted for over 13 months now

* 7 Management Changes and 3 company name changes and the stock is at $0.12

* First CFO resigns without issuing Q4 2021, Q1 in 2022 OR Annual 2021

* CHAL Halted in Canada

*Ist Audiotor allegedly had employee shortage, then it was COVOD
1St Auditor was fired twice

*Second Auditor was hired all the way from Houston Texas, 2500 miles from Portlant and Toronto

*Second CFO resigned after 4 months without signing the financials.

*13 months Later, No financials still and the debt matures in 6 working days so will it be a private takeover? An insolvency or another reverse split?
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