Chalice Brands Ltd CHALF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:MMGC = Golden Medical, High Times Mag article/interview...

[NevadaRay]

Indirectly they did announce it when they said overhead slashed. They didn't slash salaries. They axed people that were deemed redundant. Obviously, Will kept his own people (proven people)  Your way off on Peter's finances. No poor person gives his company to the employees. Peter is a landlord top over 25 Lp's. They operate with 30k sf and do anywhere from 500-1M a month. Now if wants to show a loss, that is up to his accountants. My bilionaire boss shows he breaks even EVERY year, yet he self made himself within 30 years. From a forklift operator to multi billionaire and yes, every tax year he broke even. There are crafty ways to manipulate cash flow.

In Peter's case, not being able to write off expenses would make it real attractive to show a loss. Easily done. Raise his rent. That way he can write off the income and claim expenses. Washington pricing is crazy. Nobody could forecast this. Much like in Canada. Everyone says shortage. I see a HUGE glut. Massive glut. great for GLH as we are buyers, not just sellers

Maxswell wrote:
I don't think the 1.5M is coming at all was my point. Bitcoin, interesting ahah. Maybe make some gains on that. I'm just not sure BMF is rolling in cash is all, and I am expecting this to not be paid in full, therefore, not cash flow positive in Q4. Meaning Q1 maybe CFP, which will not be reported until May 2018. The GLH investor presentation also stated the BMF credit risk, and now we are seeing significant declines in sales. Edibles or not, BMF should not be dropping that much. Just goes back to the deal made by Don, which EVERYONE on here was praising and bragging about. Only issue was the market thought different. So, soon to be 700M shares out and they are the leader in OR with license in NV and Canada. Did they really need 700M shares out to get there? It's bad man. Regulatory issues or not, is this really worth missing CDN LP pop 2.0 this spring? We shall see. But the hype and bs on here has been quite frankly embarrassing. Rubbing elbows with mgmt. at the general meeting was a top 10 lol. Don knew he was gone and GLH mislead again. People bragged about talking to his wife. Lesson learnt over here that's for sure. You state 50 people axed. I don't disagree, but without the company saying it directly....well, it falls under the elbow rubbing with mgmt. category.