Chalice Brands Ltd (CHALF)

[JimofRidge]

TRTC is dropping because revenues fell in a market where everyone else was increasing revenues. Under performing! They have toxic convertible notes coming due at the worst time. They do not have the cash on hand. Their only option is to draw down on the Dominion line which is convertible to shares. When these notes come due they don't pay them the shareholders do because all TRTC does is issue more shares of stock which dilutes shareholder equity.They loose money every quarter. Company is poorly managed and has received an Adverse Opinion from auditors for lack of financial controls. GLDFF is dropping because the merger exposes shareholders to TRTC's toxic debt and bad performance. GLDFF was supposed to be operating at a profit by 2nd half of 2019. Merger should be stopped and restarted once TRTC shows it can improve it financial management and start making a profit.