GREY:CHALF - Post by User
Comment by
TheCanadianDudeon Mar 14, 2022 11:51am
54 Views
Post# 34511809
RE:8 Years of total failure
RE:8 Years of total failureChalice Failures in 8 years of existence
Shareholders have been substantially diluted in the past year
Expanding Debt on annual and Quarterly basis to 70% higher than Q1/2021
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 8 whole years
Stock lost 99% of value in 8 years
Stock is down to 1-2 pennies,65-80% lower than 10 months ago
Cosmetic management changes failed
Current Management failed and the 65-80% drop in stock value in 10 months is proof
Competitors doing better financially
Consolidation 23:1 reverse split turned out to be a sham
Debt is at a Record >$25MM Million at 10% Interest in 10 months with more than 1/2 due in NOV 2022
No Profits for nearly 13 quarters (Profit margin -23% in Q3/2021)
Not forecasted to become profitable over the next 3 years