Chalice Brands Ltd CHALF

Consolidation $$$

[Snakebite18]

Nobody likes to see a consolidation. But if your going to do one, I think this is exactly how it's done. Build a strong foundation with constantly improving numbers, compiled with a aggressive future growth strategy does nothing more than insure investor confidence. Still need to iron out some wrinkles, but a "healthy consolidation" is exactly what this company needs right now to take the next level and out of "penny land", into more serious eyes. Always hiccups along the way, especially through the consolidation period, but I think there coarse of action here looks very promising. If they can lock down the LOI, there future here looks locked in for tremendous growth. The state of Oregon can't seem to keep up with demand. Now that the balls rolling, if they can post results like this already, can't imagine what they would be able to accomplish with ten more locations. Nationwide legalization would be icing on the cake for sure. $$$$$

[Goodgrief]

Playing the penny stocks we're all looking for the 10 to 1 if not more upside It's  all irrelevant ,playing for a run  not the growth of a company just looking for a run There's plenty Of good stocks out there that are not going to reduce your shares 

[Gladiator3]

Would it be wise to buy in now or after the consolidation?  

[Goodgrief]

All depends on what you're looking for are you looking for a 10 to 1 do you believe the stock is going to go to )13.80 after split    I personally believe $.30 was more achievable

[Goodgrief]

 The stock at $.30 or in double digits  TD had them at $.10  Then a 10 to 1 split  the stock at $3.00 dollars or $1.50 23-1  reverse split why ? Looks like the market is judging them for that That's my opinion 

[Goodgrief]

Glh Has to stay between .05 cents and .06 cents or the 23 to 1 is useless it wouldn't look too good if they came out below a buck after the split  hopingthe pressure cooker produces information before the reverse split vote 

[Puffdragon6969]

The split is more about having a accurate market cap.   

[Goodgrief]

really Are you a penny stock trader Penny stock traders look for runs totally missed what I said if the reverse split happens and that stock is below a dollar i'm saying it's gonna go down it will seem weak no strength to outside big money investors Who cares about all the other jibber jab you're gonna lose money if you stay and it looks weak under a dollar

[Goodgrief]

That's why May 4 is happening At 2 PM they're  gonna blow sunshine up your butt they better do something more than that

[Goodgrief]

To make it more clear I believe it's GLH responsibility to bring it up to at least $.10 what TD has it at. For their investors  with such a huge reverse split they should be doing everything they can  not just blow sunshine  If the stock seems weak the stock is going to go down and now you've lost shares because of the reverse split and now you've lost your money as it

[Goodgrief]

May 4 might also be Easter eggism (a little late) Regarding the letter of intent and any other information they might be sitting on or they don't have as of today or May 4

[mugs19]

"Would it be wise to buy in now or after the consolidation? " In my opinion - definitely after.  Not likely to have any kind of run with a 23:1 consolidation hanging over our heads. Wait for the predictable pull back after the consolidation. I HATE F@CKIN CONSOLIDATIONS!!! And this is my third stock consolidation in a matter of a couple  months. WTF??? SCR took a beating

[Gladiator3]

My thoughts exactly!   And So we wait.  ; ))

[Goodgrief]

Like I said it (was) more achievable what does that mean before they did the 23 to 1 split Now the pressure cooker is on for information ! much better if they reach  double digits A stock at $1.38 could slide below a dollar pretty fast But a stock at $2.30 has some time !