Chalice Brands Ltd CHALF

RE:RE:RE:RE:RE:RE:Dilution at 86c

[PotStocker]

PotStocker wrote:

PotStocker wrote:

RomanGod wrote: 4.75 / 5.5 = still the same just 86c share... 

Better. Let me help you. You have another mistake. See it now? Below.


Purchaser to subscribe as follows: 1,000,000 Common Shares for aggregate consideration of $1,000,000 (funding as of “closing date”); at “closing”, the Company then issued three separate warrants for 1,000,000 “units”, each purchasable at an exercise price $1.00. Each “Unit” is comprised of one Common Share and one half of one common share purchase warrant (which will entitle the holder thereof to acquire one Common Share (a “Warrant Share”) at a price of USD $.50 per Share for each of two Units). The aggregate exercisable Warrant Shares amounts to 4,500,000 shares (3,000,000 shares at $1.00 and 1,500,000 shares at $0.50).
 

So, it is 1.15~1.17 CAD$

So, for everybody who is holding the share at the price lower than 1.15, you are safe and you will be able to make good return ( I think it will be able to reach 1.6~ 1.8$ one year later) one year later. That is my very conservertive estimation.

So, enjoy your black friday discount! You bought it cheaper than the bankers!