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Chalice Brands Ltd CHALF

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root.


GREY:CHALF - Post by User

Comment by Boddingtonon Nov 04, 2021 1:31am
55 Views
Post# 34085277

RE:RE:Forecast for next 10 trading days by Wallet Investor

RE:RE:Forecast for next 10 trading days by Wallet InvestorCHALICE might be taken over & go private in 2022; All indicators say that
I doubt that antything I write or post will meet your approval because obviously you are a pro forma touting desperate to try to manipulate to get some of your lost cash back. (I do not allege you are part of the big scheme but self serving)
The Analysts that did the work at Wallet are professionals. They have been right and your pro formas have been very wrong. They forecasted the $0.40's and $0.50's a long time ago. What is interesting is the forecast for 2021-2026 which looks not only anemic but deadly.
All these assumptions and forecasts can STOP in 2022 when the DEbenture matures and Simpson et al ask for the money they loaned and the $10million (with 10% interest) matures also in 2022. 
Simply, Chalice has not even paid the interest on any loan yet and they are cash strapped, 59.24million outstanding shares, Market Cap has dropped by over 50% this year only from 65million to $30million.
I only see a takeover either hostile or otherwise saving the company. The former (hostile) will take Chalice PRIVATE and we will ALL (including Mr Pro Forma) be holding empty bags.


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