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Sunday, May 21, 2017 7:04:21 PM
Let's compare the two companies:
CELH revenues were up 63% Y-O-Y; from $4.3 million in Q1 of 2016 to $6.0 million in Q1 of 2017.
The CELH balance sheet shows $28,562,031 in current assets vs.$4,367,308 in current liabilities.
CELH has cash of $20,904,487.
RMHB revenues were down from $157,138 in Q1 of 2016 to $117,814 in Q1 of 2017; a decline of some 25% Y-O-Y.
The RMHB balance sheet shows current assets of $2,432,378 vs. $7,401,573 in current liabilities.
RMHB has cash of $458.
Yup, it sure looks like Celsius shareholders should sell their CELH shares and rush on over to invest in RMHB.
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12059960
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12070937
"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Arthur Schopenhauer
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