GREY:CHALF - Post by User
Post by
darkvvingon Aug 02, 2022 9:56am
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Post# 34865394
Why did the CFO resign? Why No Financials for a whole Year?
Why did the CFO resign? Why No Financials for a whole Year?$0.23 Cents after multiplying by 23! 1 cent worth of garbage $0.01
The company has accumulated 11.56 M in total debt
Chalice Brands has high likelihood to experience some financial distress
Chalice Brands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt.
Chalice Brands has some characteristics of a very speculative Micro OTC pink stock
with debt to equity ratio (D/E) of 0.69,
Chalice Brands has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
However, a more frequent occurrence is when companies like Chalice Brands sell additional shares at bargain prices, diluting existing shareholders and investor equity