GREY:CHALF - Post by User
Comment by
SenorLegumeon Oct 25, 2017 1:35pm
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Post# 26857093
RE:Aside from the SP, Some Nice Trends..
RE:Aside from the SP, Some Nice Trends.. Here is another trend.
Washington's BMF sales are down again. They began in 3rd position when GLH sold a bunch of convertible debentures to pay Peter Saladino over 21 million Canadian for this albatross. The share count for GLH back then was around 60 million shares. Not anymore as the new year could see that share total grow to a billion after only two years of the listing. Major dilution beyond what I have ever seen as Chalice payments and MMGC payments, convertible debt interest and settlements are due in the new year.
For 21 million in convertible debt that sunk GLH, what do shareholders get? Nothing. The royalties are not being paid either as that was agreed by Peter. Managment at GLH did a bad thing and bought a company in Washington even though that is NOT PERMITTED. So its like you took 21 million and lit it on fire. Cannabis sales in.. Washington tops $1.1 B in 9 months... Nevada tops $33M in August.. And higher than ever support for legalization in the US at 64%... Although the SP is suppressed atm, there are greater forces at work...
