GREY:CHALF - Post by User
Post by
darkvvingon Jan 19, 2022 2:05pm
31 Views
Post# 34333852
Debt maturity in November 2022 might see a hostile takeover
Debt maturity in November 2022 might see a hostile takeover Chalice Brands situation the Q3 Debt to Assets ratio indicates that for each Dollar Chalice owns, it owes $68 in debt. Another way to look at it is the debt is 68 times more than the assets even before the $6.25MM debt to buy another struggling business or the recent $10MM debt.
The most recent financials will tell investors that in 2022 or at a time CHALF cannot repay the debt and fails or gets taken over investors will lose 100% of their money.