GREY:CHALF - Post by User
Post by
darkvvingon Jan 27, 2022 1:55am
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Post# 34365514
CHALF Stuck in the $0.20's & at best low $0.30's FAILURE
CHALF Stuck in the $0.20's & at best low $0.30's FAILURE-80% in 8 months and -99% in 7 years, FAILURE is evident
I believe the drop to the $20's & $0.30’s is the straw that will bring some closure to this sad state of affairs. All the empty promises issued before every quarter, before consolidation, name changes, management changes, board member changes, dividing or multiplying by 23, did not materialize in any of the past Quarters. Simply, no one is buying, not even the highly paid insiders, Shares outstanding are corroded at nearly 60Million for months & even years. Debt is up by 70%% from Q2 to over $25 Million
Common sense says debt holders will takeover in 2022, then go private especially when debt is up by $3,6MM (45% increase) from Q1 then the new debt of $16.25MM in Q3 will up the overall debt to over $25 Million (70% more than Q2) with an interest of 10% to be paid in 10 months. So 2022 might spell the takeover by the debt holders.