GREY:CHALF - Post by User
Post by
TheCanadianDudeon Dec 14, 2021 1:56am
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Post# 34227778
CHAL: REVIEW FOR HONEST INVESTORS. Hopeless
CHAL: REVIEW FOR HONEST INVESTORS. HopelessHow discouraging and disappointing CHALF has been over the whole 7 years to date.
It started at $1.35 in 2014 and ended at $0.02 in 2020. 98% loss in value
It restarted after a reverse split in 2020 and promises of $5 -$10 shares in May 2021 after multiplying by a 23 arbitrary factor but dividing your shares by 23
Highest it went was $1.27 and since that day, CHALF has been sub-Buck going even into the $0.30's
Then the usual pumpers' hype of the "new" Quarter! After 12 such fake & unfruitful quarters, we saw the resident pumper, Portland Blazer with multiple aliases spreading fake news that CHALF will hit $5 “soon”
Well folks; the opposite happened, instead, the stock has gone down to $0.39, simply worth only 1.6 CENTS in real money in spite of all the market indices hitting record highs, CHALF lost > 70% of its value since Reverse Split ONLY 180 days ago
Debt has ballooned to >$25 Million, 70% more than last Quarter & due payment with interest in 2022
There is no cash for operation CASH FLOW NEGATIVE "Operating Cash Flow (see financial analysis)
Today, after the Q3 financials, we see the OUTSTANDING shares still unmoved at 59.24Million
It is obvious, there is NO HOPE