Chalice Brands Ltd (CHALF)

[JimofRidge]

WHEN THE CONVERSION RATIO OF HOW MANY SHARES GLDFF SHAREHOLDERS WOULD RECEIVE WAS PRESENTED IT WAS CALCULATE BASED UPON AN APPROXIMATE SHARE PRICE FOR TRTC OF 1.80 AND A SHARE PRICE FOR GLDFF OF APPROXIMATELY .22 THE SHARE PRICE OF TRTC AS WE KNOW HAS PLUMMETED 56% SINCE JUNE AND SINCE THE MERGER ANNOUNCEMENT THIS PAST MONDAY AN ADDITIONAL 8.7% (1.80 to 1.57)so altogether a whopping 64.7%! I THINK IT IS FAIR TO FORECAST THAT BY THE TIME A MERGER COULD BE COMPLETED THE SHARE PRICE COULD BE SOMEWHERE AROUND 1.00 PER SHARE FOR TRTC. SINCE MANY INVESTORS ARE LOATH TO WANT TO BE A PART OF THIS IT IS ONLY FAIR THAT WE BE GIVEN AN ESCAPE ROUTE AND A LITTLE EXTRA SECURITY! WHAT WOULD BE FAIR IS TO CALCULATE THE TRTC SHARE PRICE AT .50 PER SHARE AND GLDFF AT .18 PER SHARE. I KNOW THE SP IS SLIGHTLY BELOW .16 BUT THAT IS A RESULT OF IT BEING DRAGGED DOWN WITH THE POSSIBLE MERGER WITH TRTC. AT .50 AS SHAREHOLDERS WE COULD AT LEAST GET OUT IF THE STOCK CONTINUES TO PLUMMET AND AT LEAST GET OUR MONEY OUT! THE OTHER REQUIREMENT WOULD BE A GRADE OF STOCK WHICH IS ASSET BACKED TO AVOID A COMPLETE WIPEOUT IN A CHAPTER 14 BANKRUPTCY. THE NEW RATIO WOULD THEN CALCULATE TO .36 SHARES OF TRTC FOR EVERY SHARE OF GLDFF