GREY:CHALF - Post by User
Comment by
TheRealCanaDudeon Jan 18, 2022 3:25pm
33 Views
Post# 34330012
RE:What Risk will Chalice's Debt (DE=68) most due in Nov Bring?
RE:What Risk will Chalice's Debt (DE=68) most due in Nov Bring?It brings no more risk than any other Cannabis company is carrying? Where is your comparative analysis? Quit switching ids, everyone knows it's all you.
Boddington wrote: What Risk will Chalice's Debt (DE=68) most due in 2022 Bring?
Debt is a tool to help businesses grow, but if a business like Chalice is incapable of paying off its lenders & debt holders, then it exists at their mercy of a hostile takeover or in the worst case scenario, a company can go bankrupt if it cannot pay its creditors. However, a more frequent (but still costly) familiar CHALF occurrence is where Chalice issued shares at bargain-basement prices, permanently diluting shareholders, just to shore up its balance sheet then reverted to a meaningless & failed Reverse Split that resulted in more debt & more loss of value