Chalice Brands Ltd CHALF

RE:Warrants

[sasasa123]

For detailed number see Sedar documents issued Oct 13,page 10-14. Yes they issued warrants and options very cheap but that was at early stages of businesses for consulting, for property purchase, for founders work. When you see total number of shares dilution after all warrant and options exercised, I don't see big%. Immaterial #. Particularly if GLH closes sales around 10-16million this year & next year can be 30 million or more if Washington adds. Last year they started private broker deals (were more than 2,don't remember how many)at $1/share. Last two were at 1.25,1.30. Business value has changed a lot with revenue from 150k to 1million/month. If they keep up such revenues, they will not have need to get financing at lower than 1.30 If any of you don't want to take risk,hold until December financial and Washington deals done. You will still make money.

Mackoo wrote: I don't think any of the serious posters on this board is doubting the (unofficial) numbers, growth prospects, etc. The big problem in my mind is the millions of outstanding options and warrants that are currently in the money. i suspect this is most of what we see being sold from Anon. Even just counting the number of warrants issued to consultants, i believe there's a few million issued at $0.025, $0.20 & $0.50 (Don't have the detailed sedar doc in front of me now so may be off here). Thought i had done great by buying the day before the Dixie news but tons of shares got dumped on the news, so had to get out with a loss just above $1. Looking for a good point to buy back in but this makes it complicated.