Chalice Brands Ltd CHALF

An interesting read.

[Gladiator3]

https://www.streetinsider.com/dr/news.php?id=18360771

[Goodgrief]

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Inks LOI to Acquire Oregon Retail Chain Store May 4, 2021 1:35 PM  Retail chain store projected to generate estimated $10M annually Company CEO calls acquisition “transformative” Retail is valued resource for GLH development of product lines, execution on brand messaging Check out the time just before

[Gladiator3]

They are probably waiting for the name change along with the consolidation to be executed before anything is mentioned.  A new name and clean slate going forward leaving the reputation behind them along with the Golden Leaf Holdings failures and past bad management reputation.   Just my thoughts.  

[Goodgrief]

Agree but they did kill all the momentum With a 23 to 1 split wow sometimes I think the financial wizard don't understand the penny stock investors at all.they want that corporate stock but forget the little guys that got them here ! And it's not the same in reverse split if it goes up a penny it's huge it'll take $.14cents for it to go up 10% at $1.38

[Gladiator3]

I agree with you 100% 

[Gladiator3]

We really can't blame the management team they have in place,  Yapp, was given a real mess to clean up and did a dame good job. But I guess consolidation was the only resort left to bring things back into perspective. But this was a gamble from the beginning.  We all knew this.  

[Goodgrief]

Just to make myself clear and I'll stop whining if you're selling weed for $200 an ounce and you got 10 clients a week you don't screw them over with a 23 to 1 split corporate dummies You had the momentum either you didn't believe in your stock or you listen to some corporate finance dumb dumb who doesn't understand the 420 nation !

[GustheGreek]

I got out of this a while ago, but looking to get back in probably after the RS at some point. It's not about the share price people, it's the market cap that's important. This reverse split, imo, was based upon a couple of psychological reasons, one being the share price, and the other being the total shares. Psychologically as an investor, a "low float" $1.25 pot stock

[Goodgrief]

This is about making money  I guess I need to say it again making money you tell me it's not better to go from $.02-$.04 $10,000 investment just made you $20,000  Reverse splits Are just corporate.To take your Shares away 2 cents all the way to $.30 cents is huge  lol Psychological  I play pennies.....stocks I don't care about the float  Do you think the

[Nicksonsnowboar]

 l agree i was pushing for this a longtime ago. l was hoping for a 50 or 100 to 1 split. Splits are basically viewed as negative,but in this case the company appears to be on the right track so this may lead to a quicker rise over time  if they can eliminate the nickel and dimers. 

[Goodgrief]

You misunderstood me reverse splits I don't like them at all . it is corporate way To STEALyour shares ! I don't want  a reverse split I would tell everybody to vote no I don't think a reverse split was needed the stock had momentum and it was ready to go,all they had to do was produce the LOI as a done deal  they couldn't do that so they blew sunshine up our butts and

[MoneeMakr]

GLH market cap is around $70mill. If ithe market cap goes to $250mill, we all make the same that we did with or without the split. Birkshire hathway class A shares are worth $437,000 today, it has seen some of the biggest growth of any stock in history. It has never been a penny stock and doesn't need to be a penny stock to see big multiples.

[Goodgrief]

There's ways of doing things properly that keep the momentum  Which didn't happen I'm not saying that this doesn't need to happen it just means I'm not playing the stock anymore it's much more lucrative to play pennies.... stocks I could care less about corporate Greed on the back of the little investors ie (The people justifying them stealing your shares ) Because

[Goodgrief]

(Information play )if you don't understand that they had momentum and they lost it everybody felt it they wanted the stock to run even after they announced a 23 to 1 they had a chance to let this stock run But they couldn't deliver on the LOI it would've been better at $.15 come on TD had them at $.10 a big bank and they couldn't even get there because It was timing of information