Chalice Brands Ltd (CHALF)

[JimofRidge]

I do not believe a buyout is in the immediate future. Why ramp up the website TV and obtain a line of credit with a lender? Like I posted previously I believe the shares being sold are the former debenture holders. They were quick to accept the stock as a settlement and are not looking to hold for 2020 and will take a tax write off in 2019. This is a new management team and I believe they are into making Golden Leaf successful. October kicked off the CBD market in Canada and we are ready for that market. We have new business in California in progress. We have our licenses for Canadian Medical Marijuana which currently are backlogged for many competitors. Our cultivation business is in full swing.By the end of the 2019 year we should turn a profit and look to 2020 to be a real breakout year. Look at some of the info posted recently regarding how undervalued Golden Leaf shares are currently trading at. Golden Leaf has not made the missteps and bad investments like quite a few of the Cannabis Companies have made.