Chalice Brands Ltd CHALF

RE:RE:RE:RE:What will happen to my 304,000 shares with GLH?

[mathandmass]

Hopeful75 wrote:

justtruth wrote: Why are you telling us how many shares you own ????
 

Because like him many of us longs are about to lose quite a bit of money... has anybody looked at TRTCs charts.. slow and fast decline to it's current sp.. but nobody is questioning that.. seriously.. with all this great news the sp is still declining... first we deal with licenses..we get then.. i start believing in GLH again.. then our next excuse is we are mainly in the USA.. okay ..im long and well aware if this so i wait it out another couple years.. then this merger comes in to save us.. can't any of you see that if our sp continues to decline TRTC gets us at an even cheaper price... don't worry ill one star myself.. because we all know that posting facts doesn't matter.. i was really happy with our earnings report yet once again.. it doesnt matter... We continue to be had.. my thoughts at no point did i bash..all i did was give a nice history lesson.. what is it going to take to get this thing moving.. again been here for years and continued to add share from 1.30$ all the way down to .15 $ ... Have a great day. Can't wait to see people try to pump.

I know what you feel (too well, actually). One thing though, TRTC won't get your shares at an even cheaper price. The exchange ration is already known. That's regardless or GLH and TRTC SP on any given day.
I can't tell you to buy or to sell. I think we've seen a lot of selling today at a rather cheap price (mostly from people cutting their exposure/losses, those who overextended averaging down). I don't know. I think GLH should be back in the 0.30s. Will it? I don't know. Depends on how many people sell I suppose. Posts about how TRTC is a terrible company and how everyone should vote against the takeover didn't help either. We've see how the graph's been going without takeovers - not pretty.

I personally believe the takeover is beneficial. As you've noticed from the graph the current management did not get investors crazy excited. Even if the company has been doing well and increasing revenue the marker has been largely indifferent. It's easily overshadowed by dozen and dozen other more vocal and charismatic players. Also GLH stock is just way way too diluted in my opinion. The industry in general is moving towards consolidation. Most takeovers are done using shares. Good or bad that's the reality. No one has time to grow business organically in this segment. In 1, 2, 3 years all small fish will be gone.