Chalice Brands Ltd CHALF

RE:RE:Shares outstanding is a disaster

[PotStocker]

PotStocker wrote:

GrapheneRocks wrote: How are they going to raise future $$ on good terms for shareholders with so many shares outstanding. I'm long, but the share count freaks me out.

The number of outstanding shares and the reserved shares(for warrant or options) are not problem. There is no difference if there are 400 million shares each at .315 and 40 million shares each at 3.15. The professionals eyes should be on the market caps and and future income. The disaster was that in the 2016 Q4, the revenue was only 100K. And now, a year later, the new management will be able to bring in 4 million in Q402017. This is a game changer.

Back in 2016, when Tweed bought Metrium, it had less revenue and it was valued at 450million $. So GLH is at least worth 500 millions $ even we do not consider the protential of US market. And things always have two sides. With 300 million as warrant, it means GLH will be able to raise another 60million CAD without private placement again. At current cash born rate, this amount of capital will keep GLH alive till profitable. Unless the management makes another stupid mistake or the politics is tightening up with marihuana business, this GLH will fly high because it has two engines. One is in Canada and another is in US. It is the only one of its kind. We will be able to see a clearer picture after Feb 2018