GREY:CHALF - Post by User
Post by
darkvvingon Jan 12, 2022 2:47pm
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Post# 34309599
Risky involvement. Find honest companies to invest in
Risky involvement. Find honest companies to invest in
Insiders & warrant holders lined their pockets with your money
The company (GLH) issued a large number of warrants for a few cents a share. The warrants were issued to the debenture holders that loaned them (GLH) money. Those warrants allowed it's holders, to buy newly issued shares of CHALF, at a price of only a few cents a share. Golden Leaf Holdings (GLH) aka CHALF did its 23 to 1 reverse split driving the share price up from 4 cents a share to a high of $1.27 a share. The warrants enabled warrant holders to buy CHALF, for around a nickel a share. The share volume for CHALF spiked post reverse split. Those warrants were exercised at a nickel a share for new post reverse split for newly issued shares of CHALF. Then the newly issued shares of CHALF were subsequently sold and the warrant holders pocked the price difference between the warrant price of a nickel a share and the market price per share of the new CHALF shares. At the same time the CHALF pumpers went on the attack with their dozens of different aliases. Flooding this board with hundreds of buy messages, to keep the shares price of CHALF up. As those new shares were sold on the market.