Chalice Brands Ltd CHALF

RE:RE:RE:RE:RE:RE:GLH Just Lost Its Bottom 😭

[SimArchitect]

That's how they do it, and that's why I don't like to "invest" in those companies, but to trade for short terms instead.

They create this illusion that the small investors will be able to profit once the companies goes into positive territory, but instead they work things behind us to take over all the profit obtained from the investment of our money.

They are acting dead right now, so people let go of the bone and "someone else" picks up the parts.

Not long ago NVCN had a crazy deal where the creditors would be entitled to as many shares as necessary to meet their credit, whenever then wanted to convert their securities.

Do you know what happened? Share price became hundreds of times smaller, they could not hold a dollar price even after a 100 to 1 reverse split, whoever got those securities could just "keep printing money" as long as they knew how to dosage it, and now all the retailer investors are forcefully out of the company because each share became worthless in comparison to a year+ ago.

Now, GLH seems to have some sort of bad deal in the works, didn't they say they needed funds? How can they be "expanding" if they can't even fund their current operations?

Oh, I know! They will sell those "magic securities" to a closed group of friends, then they will print a ton of shares out of thin air... Everything legally.

Sorry, but whoever is holding this is at a VERY high risk of losing the entire investment (most of you likely lost more than 75% anyway).