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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 > What a disaster to investors who lost nearly EVERYTHING
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Post by TheCanadianDude on Aug 30, 2022 11:30am

What a disaster to investors who lost nearly EVERYTHING

How discouraging and disappointing CHALF has been over the whole 8 years to date losing -99.5% of the stock value
It started at $1.35 in 2014 and ended at $0.02 in 2020. 98% loss in value
It restarted after a reverse split and promises of $5 -$10 shares in May 2021 after multiplying by a 23 arbitrary factor but dividing your shares by 23
Highest it went was $1.27 and since that day, CHALF has been sub-Buck going even into the $0.16
Then the usual pumpers' hype of the "new" Quarter! After 12 such fake & unfruitful quarters, we saw the resident pumper, with multiple aliases spreading fake news that CHALF will hit $5 “soon”
Well folks; the opposite happened, instead, the stock has gone down to $0.16, simply worth only 0.6 CENTS in real money in spite of all the market indices hitting record highs, CHALF lost > 85% of its value since Reverse Split just over a year ago
Debt has ballooned & due payment with interest in November 2022
There is no cash for operation CASH FLOW NEGATIVE "Operating Cash Flow (see financial analysis)
Today.
We’ve had NO financials, No Quarterly, No Annual since September 2021. EXCUSES and engineered meaningless words. One thing Chalice is good at: Excuses for failures. How dare anyone write to investors when investors were denied the two or three quarterly financials and one annual report? THe excuses; WE FORGOT, CFO, Quit, Auditor refused to sign, Auditors caught COVID, No Federal Legalization, Pumper is not doing a good job obviously.
Comment by TheRealCanaDude on Aug 30, 2022 12:50pm
This post has been removed in accordance with Community Policy
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