Rocky Mountain High Brands Inc (RMHB)

[pitts77h]

Well, perhaps they weren't bamboozled by the blather about stevia's glycemic index, and actually looked at the toilet paper THCZ calls a financial report.

Uhm...why are people selling?

I love the efforts to distract from the embarrassing reality. Never mind the absurdly amateur report, lets talk about how many calories the new Mango flavor has!!

http://www.otcmarkets.com/financialReportViewer?symbol=THCZ&id=141543

90% of their assets are junk. They have $1,500,000 in "Convertible Notes Payable." Their "expenses" are insane - $125,000 on "Administrative" expense IN ADDITION to the Consulting AND Marketing AND Rhino AND Travel expenses. Cash DECREASED by $427,299 in ONE QUARTER.

Accounts receivable: $406,190
Inventory: $505,380
Brand Development $104,960
Total Current Assets: $1,007,174
Convertible Notes Payable: $1,509,944
Total Operating Expenses: $377,692

Here's a question... they claim $729,000 in sales but show $406,000 in receivables? Who's responsible for THAT decision?

And seriously? They claim they have half a million tied up in INVENTORY?????? Is that valued at cost or "market price?"