Chalice Brands Ltd (CHALF)

[Deep Throats]

Hey guys.

First time poster here. Simpson's sabbatical is a joke. He never wanted to be CEO, just spend time surfing with his buddies. Sabbatical for a few months means he no longer is an insider, which means..... okay you get it. (I hope)

William Kulczicky was like George Clooney in the movie he goes to fire people. He reduced salaries by 3.2M, bringing this way closer to CFP than beforw. Obviously axing folks isn't popular so once it's done need a new CEO.

Problem is there was no one in the wings. CFO Barsa took over by default really and her short tenure shows how vastly underqualified she was for the role. Bye bye and good riddance.

Revenues going up, costs going down, shares selling for 2x sales.

The deck is a bit of a joke, positioning 9 fruit chews flavors as 9 different product lines is funny. About as funny as expecting BMF to become GLH owned at any point in time. Most processors in WA are losing money hand over fists with the surplus of flower available, not sure why we would want that unless product could move across state lines as the new Blumenauer project attempts to do now.

Long story short: at 7 cents CAD this is a steal. Not sure where it goes long run but short term return to 11 or 12 cents CAD seems imminent

Do you own DD