Chalice Brands Ltd (CHALF)

[JimofRidge]

I disagree. The shares being sold are still the aftermath of settling the Debentures. The money owed for Chalice Farms was put off so there is no payment presently due. William Simpson also would not be selling off shares at such a low share price especially when he knows first hand the progress the company has been achieving. He may very well be involved with a new startup cannabis venture but other than owning Chalice Farms he has very little experience in running a full scale company. The selling volume is not that great either so selling off 200 million shares is not happening. The stock could be shorted by investors but that could backfire very soon if the company reports decent earnings.