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Bullboard - Stock Discussion Forum Chalice Brands Ltd CHALF

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root. see more

GREY:CHALF - Post Discussion

Chalice Brands Ltd > 8 years of total DISASTER. INVESTORS are RIPPED OFF
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Post by TheCanadianDude on Jul 20, 2022 11:21am

8 years of total DISASTER. INVESTORS are RIPPED OFF

CHALICE ACHIEVEMENTS IN 8 YEARS 

  • NO FINANCIALS FOR OVER A YEAR NO SIGNERS
  • HALTED BY IROC and on the way to delist
  • CFO RESIGNED WITHOUT SIGNING FINANCIALS
  • Shareholders have been substantially diluted in the
  • Expanding Debt on annual and Quarterly basis to 70% higher than Q1/2021
  • Acquiring failed businesses when they can’t run their own!
  • Preparing the company for PRIVATE takeover in November
  • 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 (-99.3%)
  • Stock is down to $0.20, 84% lower than a year ago
  • SIX Cosmetic management changes failed
  • Competitors doing better financially
  • Consolidation 23:1 reverse split turned out to be a sham
  • Debt is at a Record due in November 2022
  • No Profits for nearly 13 quarters (Profit margin -23% in Q3/2021)
  • Not forecasted to become profitable
  • CHAL BARCHARTS recommend 100% SELL
  • CHAL Wallet Investor FORECAST is DISMAL
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