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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 NevadaRayon Jun 25, 2017 6:08pm
133 Views
Post# 26403047

RE:RE:RE:Theories as to why 3 / 4 recent GLH deals haven't closed yet

RE:RE:RE:Theories as to why 3 / 4 recent GLH deals haven't closed yetAn extremly intelligant Toronto investor, messaged me privately on this very website. I had the very same convo. What is GLH worth?  The company is worthless, if there is no buyer. Penny Stocks. He is vested large and still holds.

Anyone worrying about yesterday is crazy and should simply sell...I will have last laugh when GLH dwarfs every single LP.  12 months trailing 1 year today....holy grin.....Haters will be haters

Justin,

So to all investors,
EvelKnievel wrote: I found one more math error...

It doesn't matter how many shares you had at an average negative value if the company went bankrupt cause any amount you had at the moment of bankruptcy would be worth zero dollars regardlless. You basically would have to sell them for any amount such as even .00000000005 c to get your -10c a share profit plus whatever extra price per share on top

Refer to the highlighted part of the below quote to see what I mean... 

They have no edit button... Sorry for my math errors, but at least I caught them, and not being able to edit my posts at least allows me to see where I made my mistakes, thereby allowing me to learn from my failure, rather than erasing my failure and forgetting it...

I also accidentally posted the last post without getting a chance to write on it... Oops.. My bad...

Have a good weekend...

EvelKnievel wrote: One note... I found a math error in my prior post, which I highlighted in my quote, which I correct in the following...

If you could get your average price per share down to a negative value, the worse case scenario at that point for selling would be  if the shareprice went to zero due to bankruptcy, you would in that case end up with your shares being worth your exact negative average cost. So for example if you had 100k shares costing on average -10c per share, you would still in the worst case scenario of bankruptcy, be left with a profit of 10c x 100k = 10k dollars. 

Hence. once you get your average cost per share down to a negative value, it is impossible to sell ever period for a loss, even in the case of bankruptcy.

EvelKnievel wrote: What I'm wondering is if people could put out some legitimate facts as to why deals such as the kind we are expecting GLH to still close, may close much later than stated? I'm wondering if people could use factual examples using any decent respectable successful companies out there who have had similar circumstances like GLH's occur where although they stated that deals were supposed to close sooner, that they still successfully closed much later down the road regardless anyways.

Not that this discussion will make a difference in GLH's stock price, or speed up GLH's actions any faster, but I was just trying to look for some healthy balanced discussion,using facts to help get a better understanding of why GLH even though they may know without a doubt all their 4 deals are signed, sealed and done, why they still would delay the news. My own main theory was simply it takes time to fully put all the legal paperwork into action, to officially close them, despite the fact the deals are all closed on more initial levels, just like how although weed will be recreationally legal in Canada ultimately, how it still takes a certain amount of time involving paperwork and legalities to make it as official as possible. I mean, for example, they said weed would be recreationally legal this past spring, but now they say it may take as long as 2019 for it to be truly official, because of all the legislation, etc...required. We do keep hearing Canada July 1st 2018 keep in mind always though. Keep in mind what the world tends to keep in its own collective mind.

I truly try to avoid speculation, however in this case I was simply looking for real facts, using examples of cases which supporrt why the delay with GLH. It's way too easy to bash why GLH is delaying. It's way too easy to use bs non factual fearmongering nonsense to bash GLH. I'm looking for support using real historical factual examples of other extremely successful companies..

Regardless of anything said here, I myself will hold onto my GLH shares until I at least make a profit. I refuse to sell for a loss. I have 13 years at least to hold my GLH shares to do this. If I don't manage to do this, within this alloted time, then so be it, that's how it is... That's my plan and I'm sticking to it...

Ideally, if I could keep selling for a profit on highs, and rebuy my shares with that entire amount at lows, then this is what I'd do. I basically would try to increase my amount of GLH shares, while only putting in my initial prinicipal investment once. That's being ideal though.

I always have the option to add more principal cash for whatever reasons at whatever time, however the one constant that would always remain is simply to not sell for a loss, ever. My definition of a loss mind you is NOT where I sell for less than what I initially paid of course. My definition of selling for a loss is instead based off of selling my shares for less than my average cost per share. Technically, if I played my cards right, I could get my average cost per share down to a negative number, where the only way I could technically take a loss in selling is if the company went bankrupt... 

I'm taking a calculated risk with GLH based on my endless DD on them. I figure I'd rather place my caculated DD infused risk bet on GLH, and multiple other diversified stocks, rather than to spend it all instead using blind risk bets in the casinos.

Anyways... That's about all I got to say on Stockhouse for now... I'll go back to my normal routine now of simply posting news, info and articles I find out there on the internet that is related to stocks I am in.

That's alll...

Have a good weekend...
 

 





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