Companies like Chalice that fail very often have a culture that makes them more likely to fail. We have observed numerous warning signs to educate investors of the evident failure of Chalice (and Golden Leaf) and now, CHALF is worth ONLY 2.4% off its value ONLY 12 months ago. What were some of the warning signs?
Complacency
The sin of complacency has killed many companies in the past, and has cost many others their market dominance and profits. Just because the first year was successful because of a new market, it doesn’t mean it will go on being successful in the future! CHALF today is worth ONLY 0.8% off its value 7 years ago.
Errant executives
Another surprisingly frequent warning sign from Chalice is that a business is in danger is when executives make more headlines in the bathroom than in the boardroom. Simply, 6 managements failed and are failing to remove the curses. Constant changes in management were a big failure. If it ain’t broke it’s because you haven’t looked hard enough. Fix it anyway.
Management in love with debt and Crazy about acquisitions when their business is failing
Prioritizing numbers over people
There is a prevalent idea in this business that you can’t manage what you can’t measure. Instead they hire a manipulator from a different Country, all the way from Michigan to do the empty boasting an d organized lying and An obsession with false advertising using a scheme of lies or a series of fake aliases to spread fake news about “winning” while in reality (as numbers show) hope is being diminished Companies that boast about their revenues, never mention profits and other signs of growth as though these were the only things that matter are setting themselves up to fail
Sinking in debt
Getting deeper every quarter in debt and even borrow to operate yet the debt shows that for every dollar they own , they owe $68 in DEBT.