GREY:CHALF - Post by User
Comment by
RebeccaGon Dec 01, 2021 2:38am
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Post# 34183591
RE:RE:RE:I told you it is going to tumble down after Q3
RE:RE:RE:I told you it is going to tumble down after Q3Q3 was pumped hard but failed miserably as you can see in the stock price. Numbers don't lie
Any new potential investor in CHALF needs to know the track history of this company, first in hiring promoters then that the stock lost 99% of its value since 2014 when it was $1.35 and today it is a mere $0.021 (in real money). This company tried to utilize fake news, partial financials, changing names, changing managements 6 times, diluting, hiding behind acquisitions and then the desperate consolidation that I warned about. No one listened & I was called names and my posts were taken down. On May 25 2021, the Reverse Split happend and since that date about 6 months ago, the stock lost 61% of its value to struggle in the $0.40's and low $0.50's
To any potential new investor I say the reverse split was the strw that broke their back. Chalice stock now is back to the old days of 2020 at $0.0217 or 2.1 Cents..
For anyone thinking of any profit, if they bought at $0.08 just before the consolidation, the stock has to hit $0.08 X 23 = $1.84 in current post reverse split value or simply the stock has to increase by >400%. Is there any hope in the horizion for CHALF to hit this? I simply see none except the CHALF will linger below $1 for a long time based on the deb (debt to equity ratio is about 66) meaning for every dollar CHalice owns, it OWES $66 and negative profit margins (-22%) , the real EBITDA is negative etc.