GREY:CHALF - Post by User
Post by
darkvvingon Jan 30, 2022 1:26am
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Post# 34375643
Review of Chalice failures over 7 years of operation to date
Review of Chalice failures over 7 years of operation to date - Shareholders have been substantially diluted in the past year
- Expanding Debt on annual and Quarterly basis
- Acquiring failed businesses when they can’t run their own!
- Disintegrating Operational cash-flow
- Has less than 1 year of cash runway and Negative cash flow for operations
- Failed its investors for 7 whole years
- SIX Cosmetic management changes failed
- Current Management failed and the 80% drop in stock value in 8 months is proof
- Competitors doing better financially
- Consolidation 23:1 reverse split turned out to be a sham
- Debt is at a Record $25Million at 10% Interest due in 2020
- No Profits for nearly 12 quarters (Profit margin -37%)
- Not forecasted to become profitable over the next 3 years
- Good News, bad news, FAKE news and manipulation by pumpers failed and backfired to drop the value by 98.3% since inception in 2014 (7 years)
- EBITDA has been in the red for 12 quarters now
- Does not have a meaningful market cap (CA$20M)
- Takeover by debt holders or purchase of company at a couple of pennies might be only salvation Or Receivership