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Uh huh.... Google Jerry Grisaffi. Shouldn't take long. I don't trust him to safeguard my money in the least.
Jerry is @ the main shop a lot I see and hear so it must not be just about dumping shares?? Not sure what you mean about the banking thing, obvious he is in the HEMP game so if not CBOD or Delta it would be MJ I am sure.
The liabilities have been going down quarter by quarter also.
I would be shady with most penny traders also, real pieces of work most of us are lol. I was naive to things, cannot blame people for making money for themselves and their family etc. RTON on paper is x100 times better from last year, if Jerry keeps it up this can be a life changer @ this level of Market Cap.
Little side note, whole market under attack, most tickers getting beaten down it seems. Should see a bright side afterwards but who knows .
Be sure to check out the dilution angle.
The CEO has always been shady as I see it. This company wouldn’t exist if Jerry couldn’t dump shares. The CBD angle is for the pubco to hand out shares to insiders. If they had to start this with bank loans and risk absent of public dollars, there would be no CBD store IMO. Jerry has been pulling this crap for many years. This will continue to drop against an ever rising share structure IMO.
LMAO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Looks like RTON is the tax sellers wet dream.
TIMBER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
WRONG COMMENT, THAT WAS MEANT FOR INND, KINDLY DISREGARD.
WITH THE MARKET VALUATION OF $1 BILLIONS AND OUTSTANING SHARES OF 6,049,872,135 AS AT 11292021, PUT US AT $0.1652927496/SHARE. AN EXCELLENT START WITH BOTH MANAGEMENTS, WITH CONSISTENCY, TRANSPARENCY AND FORWARD-LOOKING PRs, A SOLID COMPANY IS GROUNDED. NOT ABOUT PRICING ANY MORE, IT WILL ALWAYS BE THERE, NOW DIVIDEND AND GREATER THINGS ARE LINED UP
INND SECURITY DETAILS
Share Structure
Market Cap Market Cap
77,438,363
11/26/2021
Authorized Shares
14,975,000,000
11/29/2021
Outstanding Shares
6,049,872,135
11/29/2021
Restricted
363,663,379
11/29/2021
Unrestricted
5,686,208,756
11/29/2021
Held at DTC
5,684,905,403
11/29/2021
Float
5,329,706,040
07/19/2021
Par Value
0.0001
Market Value calculated only for respective security
Transfer Agent
VStock Transfer LLC
Shareholders
Beneficial Shareholder Beneficial Shareholder
What is the good and bad for this company?
I see they have 12b authorized and only 5.5b issued…
Looks like they are growing.
Agree!! Hidden gem and bound to get recognized soon!!
Picked up my first shares of RTON last week at 0.0010 (posted on my Twitter). This one is SEC reporting and has actual stores in Austin and Dallas and growing. Stock price has come down a lot since the otc bull run earlier this year and has been dropping even more on good news (recently reported financials, record gross sales, reduced liabilities and new store openings), which makes me want to BUY. Accumulate slowly and hold for the win.
I see. Thank You. Interesting info. I have a milly shares as well.
A common problem in Penny Stock Land these days:
"In case anyone was wondering why MRMD doesn't hold gains, it's because there is a noteholder converting shares and selling them at will. These guys have no patience and will dump into the market whenever the share price starts to appreciate. The current noteholder has some 6 million shares I believe, give or take. With that said, if volume was high each day the noteholder wouldn't matter but since it is NOT. This A-hole will make the stock appear to be dead. These guys are the worst thing imaginable that can happen to an investment and your guess is as good as mine as to why MRMD used dilutive financing. Maybe because they can't borrow from a bank until safe banking act passes. I dunno. Love this company but sooooo sick and tired of noteholders popping up in my investments. They are like a virus that never goes away.
Just substitute the symbol RTON for MRMD.
Will do. I hate cry babies that blame PPS downtrend movements on MM(s) & shorts, but I can’t see this any other way.
Some people stop by our SPA just to get the gummies bc they don’t like the other brands being sold by the head shops around town.
This is not dilution on a large scale like people are insinuating. This manipulation, the OS has up by 300M since July. That seems like store openings, Attorney fees (to fight Texas D8 ban, and new stickers for D8 bottles to say D9.
TIMBER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Thanks for posting. Keep us informed on your RTON progress if possible. The knowledgeable keep saying that RTON products should translate into company success/higher pps, but it continues to be held back.
Sooner or later, that will change.
Everyone is making a big deal about Delta 8(s) and the state of Texas. There are still 30 Plus states (Map link below) where Delta 8 is legal. If you look at the map, a lot of the states where Delta 8 is illegal, Delta 7 (traditional weed by most) is legal. Delta 9 is just an end-around so will Delta 10, 11, etc... These are synthetic by most parts. Delta 7 would be "Organic". Besides the grey area of Delta 8 & Texas, I have a wholesale license with RTON/ENDO in NC. Our Spa has sold over 100 bottles of these different gummies all from ENDO Brands since July of this year. We have not had one person tell us they do not like the products. People actually ask if we can carry other items from the website as RTON wholesale agreements are very aggressive to help the smaller shops sell their products. I hold over 1M Shares and wish I had dry powder to cover the purchase of even more.
https://mogreenway.com/2021/10/18/delta-8-legality-map/
Oh yeah. How? They are selling Delta 9 now. No?
Just a day in Scam Land on the OTC.
Lies, shares are so diluted. There is no return from this. Ever!
Shares are added and sold by insiders, its all on record, are you all blind?
Warning these bag holders, will say anything to make you buy the hype. Seems at least all are not morons and bailed today.
Better late then never.
Wait until the laws suits start up and they will.
Prepared to submerge, close hatches.
Dive Dive Dive.
This wreck will be at the bottom of the Mariana Trench by 2022.
CEO caught a life boat and sent investors in a long slow dive until they implode. And there is nothing left, but corpses.
And well Conman, will shake his brothers hand, and thank him yet again for a job well done screwing yet again more investors.
00009 coming up. Oh yea! You forgot about the scam before this one.
Actually the Delta 9 product just rolled out is superior to Delta 8. No worries.
No surprise down here in sub penny land. But the deal is who wins the lawsuits. If Delta - 8 is allowed then big profits are very possible. if they lose the company is hard to make money.
Stock has dropped because management has given shares out constantly to insiders and dumped them. Hes a scum sucker who lies to shareholders. He sold around 400m shares in a 4 month period @ .0002 per share when this was trading .002+. He gave himself and his stupid idiot grandson hundreds of millions of shares for free and they dumped most of them this year. On top of all this BS, guess who reared his POS face again end of October?? Ding ding yup, dipshit grandson. So now he just gave him or his aunt lol 225m shares for a $20k loan 3 years ago. So 220m shares for sale around .001 avg is 220k lol. CEO is a POS.
On October 20, 2021, the Company and Noteholder 8 reached an agreement resolving an ongoing dispute related to Noteholder 8’s convertible note payable (Note 6). As part of the agreement, the Company issued 225,910,000 shares of the Company’s common stock to settle the dispute and all unpaid principal and interest on the convertible note.
The trustee of La Dulce Vita Trust, Noteholder 8, is the aunt of Daniel Crawford, a related party. The trust is a noteholder as detailed in Note 6.
The news cast says that the Delta 8 THC from Hemp accounts for 80% of the stores profits...but the state of Texas has banned it. There was a court injunction given because the retailers argued that the 2018 farm bill on fed level allows it and the retailers claim they were not given enough forewarning.
The state is appealing it and a hearing set for Jan. 28th.
It will be a states rights vs fed case.
Think this is why the stock is dropping on a good news 10Q.
If the state bans it for good the store is probably out of business and the company kplunk. But if they win it could be huge.
My take on it anyway.
LMAO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
RTON the only stock where people are too HAF to understand a 10Q. This is one of the worst 10Qs one has ever seen. Made more in one day then that con artist did in months.
Excerpt from today's press release:
".....Report for the quarter ending September 30, 2021 showing record gross sales for the quarter of over $237,000. In addition, the company is reporting that in October 2021, the company and its licensed store in Austin, Texas both had record monthly sales. Finally, the company expects that the Company’s sales for the quarter ending December 31, 2021 to also be a new record."
Nice. Now let's find a way to get those new stores built without substantially adding to our debt issues.
Reviewed financials . Amazing increase on revs for 2021 $237K compared to same quarter 2020. ( -- $603K ). That is dramatic improvement . Also they actually were profitable for the quarter $22K compared to same quarter last year. Thats almost unheard of in the OTC. At this rate they will be highly profitable in the upcoming quarters. Have you actually read these financials? They’re not bad at all.
The facts are a in a 22K profit....
3rd Quarter Financials are in with the SEC
want to learn more?: https://www.otcmarkets.com/filing/html?id=15354638&guid=IY3wkeHsBruuh3h
You do realize this is standard language in many OTC companies fine print on there financilas. Not new or unique. Seen identical Language in most all OTC’s as fine print language.
RTON is done, this is not the same old repeated warnings they file. Diluted shares and ran off with your cash.
10Q states,
The accompanying condensed consolidated financial statements have been prepared assuming the Company will continue as a going concern, which contemplates, among other things, the realization of assets and satisfaction of liabilities in the normal course of business. For the period ended September 30, 2021, the Company had an accumulated deficit of approximately $15,613,000, had a net loss of approximately $100,000, and net cash used in operating activities of approximately $119,000, with approximately $378,000 revenue earned, and a lack of profitable operational history. These matters, among others, raise substantial doubt about the Company’s ability to continue as a going concern.
While the Company is attempting to generate greater revenues, the Company’s cash position may not be significant enough to support the Company’s daily operations. Management intends to raise additional funds by way of additional public and/or private offerings of its stock. Management believes that the actions presently being taken to further implement its business plan and generate revenues provide the opportunity for the Company to continue as a going concern. While the Company believes in the viability of its strategy to generate revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and generate revenues.
10Q just showed up on Fidelity when checking the quote on RTON. Kudos to the Company for getting it filed on time. Hopefully a sign of good things to come.
TIMBER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Yet another television newscast with the Rowlett store featured on Fox News affiliate:
https://www.fox4news.com/news/judge-delta-8-products-can-temporarily-be-sold-in-texas-stores
Latest television newscast featuring RTON Endo interview at store:
https://stocktwits.com/bringonthebacon/message/403529255
Excerpt from recent television newscast RTON interview:
Delta 8 was believed to be legal thanks to language in a 2018 Federal Farm Bill that legalized hemp and hemp products. When Texas said it wasn’t, some stores started pulling it from shelves.
Others, like Mike Brown with Endo Dispensary in Rowlett, kept selling it. "We weren’t doing anything wrong. We doubled down," Brown said. "I bought more inventory because I knew people were going to panic and pull it."
Brown says Delta-8 makes up 80% of his store’s profit. He says after the state’s update last month, business exploded.
"Crazy sells," he said. "I can’t even figure out what the increase is."
Look for increased sales/earnings thruout remainder of 2021 going into the Holidays.
C'mon- you haven't done anything with this.
Another wonderful day to flip...I'm making a killing...I love this POS!!! lol
Looking good. Between the national news on Delta 8, new Delta 9 products in stores, and a great sales boost this last quarter; we should have a large spike in PPS for RTON leading up to and after next week's Q2 report.
I have been comuniv=cating with the company and updates are coming soon this week!
Texas News on Delta 8
Delta 8 temporarily removed from Texas' list of controlled substances, judge rules
A temporary injunction will be in place until a full trial determines if the Texas Department of State Health Services followed the law when it ruled in January that Delta 8 THC was to remain an illegal substance.
https://www.chron.com/news/houston-texas/article/delta-8-texas-ban-lawsuit-update-16596426.php
Next Hearing is January 28th.
ENDO shops never stopped selling Delta 8 and ended up in the news.
Stated customers found Endo Brands as the other shops stopped selling Delta 8.
New Delta-9 Gummies are available in store.
You know that Jerry is sahrmota garbage
Dilution? What dilution.
As of 10/28/21: 4,272,808,492 unrestricted shares
As of 10/28/21: 1,426,083,492 restricted shares
As of 07/26/21: 4,204,808,492 public float
These figures are per OTC.com. As you can see: basically few shares were transferred to the public float between July and October.
Restricted shares are always a bit sketchy to follow; but appear to be in line with normal growth - where is the big red flag?
All in all, they have managed the company well this last 6 months.
New product,dilute stocks. Rinse repeat. Wonder how many people realize that had " Delution" not been done, your shares would be worth more? Its as if the entire investment community in RTON, does not know or understand dilution.
Dilution is the reduction in shareholders' equity positions due to the issuance or creation of new shares. ... Dilution can occur when a firm raises additional equity capital, though existing shareholders are usually disadvantaged.
All good. I ordered a tincture from $RTON products are good stores are booming new stores in the future nothing left to do but wait for some whales to come through to reach new highs.
Jerry is like sahrmota twits garbage all the time why don't you come with real news
As posted on Stocktwits this morning by Jerry:
Hogstar1
10/27/21, 06:02 PM
$RTON
"We are still selling Delta 8 and 10 and next week we will be launching our new legal Delta 9 edible line. These new edibles are legal because they contain less than 0.3 percent Delta 9 THC by dry weight. The new edibles will be packed with 12 mg of legal THC. We will also have our new improved THCO carts. We have a full line of THCO gummies and smokable flower. The effect of these carts are really great. We have plenty of product in stock. all members that want Delta 8 products go on line and get a 33% discount on all Delta 8 vapes and gummies. If you are in the area please stop by, you will be impressed with all of our products."
Everything is proceeding nicely. Get on board if you have been sitting on the sidelines.
Lots of selling going on but the quarterly will be a nice boost
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Share Structure as of 6-27-21
Authorized Shares ~ 12,000,000,000
Outstanding Shares ~ 5,517,724,895
Restricted Shares ~ 1,312,916,403
Unrestricted Shares ~ 4,204,808,492
Held at DTC ~ 4,200,624,709
Our Brands
Our brands, ENDO Brands™, Humbly Hemp™, ENDO Labs™ and ENDO Wellness Centers™ all share the same goal of providing our customers with the best products in the health and wellness space. Through Superfood Products, Cannabis, and Water, we are planning for the future while thriving in the present. As the field of health and wellness products expand, Right On Brands will be there with industry leading Food and Beverage Products.
Company News
Right on Brands: Federally Legal Delta-8 Cannabis Products Taking Brick and Mortar Market by Storm
Dallas, Texas - (Newsfile Corp. - February 10, 2021)
Right on Brands, Inc.™ (OTC Pink: RTON), a developer of a broad line of hemp and CBD-based foods, beverages, tinctures, and topical products and the exciting new 100% federally legal Delta-8 product line.
ENDO Brands Online Sales Increase 1200%
Dallas, Texas - (Newsfile Corp. - February 24, 2021)
Online sales have increased 1200% over just a year ago. The increase in sales can be credited to expanded consumer offerings, an overall increase in internet sales caused by the Pandemic, national attention to the ENDO Brands product line and a huge increase in sales of the ENDO tokes cigarettes.
"Thanks to a huge increase in sales Right on Brands is happy to announce we have retired some of the outstanding convertible debt notes. Our goal is to retire all convertible debt by summer 2021. Our auditors have informed us they have completed the 10K filing for the last fiscal year. There are a few small foot notes remaining so we can expect the 10K Annual Report to be posted within a very short time."
Phoenix, Arizona - (Newsfile Corp. - March 15, 2021)
https://audioboom.com/posts/7822702-right-on-brands-inc-developer-and-distributor-of-delta-8-products-is-featured-on-the-stock-da
The Stock Day Podcast welcomed Right on Brands, Inc. (OTC Pink: RTON) ("the Company"), a Dallas based, consumer goods company specializing in the brand development and distribution of Hemp and CBD-based foods, beverages, smokables, oils, topical and Delta-8 products for health-conscious individuals. CFO and Director of the Company, David Youssefyeh, joined Stock Day host Everett Jolly.
"Your sales are up 1,200%; how did you get there?" asked Jolly. "Once we started talking about Delta-8, people ran to us," said Youssefyeh. "So far, we've heard back with almost 100% positive ratings on the Delta-8 products," he shared. "In addition, we're also looking to bring out Delta-8 flower," said Youssefyeh. "We're looking to do something called 'ENDO On-The-Go', which is kind of a pocket-sized Delta-8 or CBD that you can take with you wherever you go, and you can pour it into water, tea, coffee, however you would like to ingest it, and ingest it during the day."
Youssefyeh then discussed the possibility of the Company doing a reverse split. "The only way we would do a reverse of the stock would be in conjunction with moving to a senior exchange, but at this point we do not have any plans to go to another exchange."
Right on Brands Opening ENDO Brick and Mortar Retail Location
Dallas, Texas - (Newsfile Corp. - March 18, 2021)
Right On Brands is proud to announce that the Company will be opening an ENDO Brands retail store location in the trendy Dallas neighborhoods of Rockwall/Rowlett. The section in Rowlett Township is a growing, upscale community with nearly $1.5 billion in development in the Dallas suburb located on Lake Ray Hubbard.
The opening of the ENDO Brands store at Lakeview Plaza will be this Spring and the Company would like to invite all retail and corporate customers to stop by for a visit. The new retail operation will also serve as the company headquarters and a test location for new products that the Company is planning to bring to market. The Company will be sending all registered customers who currently use the endobrands.com website periodic updates on the opening of the new retail location.
Right on Brands Pays off Convertible Debt Holders, Files 10-K
Dallas, Texas - (Newsfile Corp. - April 1, 2021)
Jerry Grisaffi, CEO of Right on Brands noted, "Like most small companies, there is a need for capital and the big lenders shy away from small companies such as ours. We now believe that by paying off these lenders the Company is on a better track. We took on one new note from a more friendly lender, the note is for $140,000 and has a fixed conversion of .015 cents. In six months if we so chose, we could pay the note off with no penalty. This note was used to pay off two convertible lenders. In addition, a third lender chose to convert its note to stock so now we have no upcoming conversions." Grisaffi also noted, "We have filed our 10-K today on our quest to becoming a fully reporting company again with the SEC. This was a long and costly process and time consuming. Now our accountants and auditors will be completing the quarterlies and we believe that this process will be completed by the end of April or sooner. Now that Texas is open from COVID, our sales are coming alive as our products are becoming a choice product in the marketplace. We believe the retail store will help our bottom line. We will always be transparent with our shareholders and will always answer questions that are in the public domain. We also love to answer questions concerning our products."
Right on Brands Discusses Growing Sales, Upcoming Filings, and First Export Order with The Stock Day Podcast
Phoenix, Arizona--(Newsfile Corp. - June 21, 2021)
The Stock Day Podcast welcomed Right on Brands, Inc. (OTC Pink: RTON) ("the Company"), a Dallas based, consumer goods company specializing in the brand development and distribution of Hemp based foods, beverages, smokables, oils, topical and Delta-8 products for health-conscious individuals. CFO of the Company, David Youssefyeh, joined Stock Day host Everett Jolly.
Jolly began the interview by asking about the Company's background and current projects. "We have two lines of business; one is Humbly Hemp, which offers a hemp-based drink and hemp-based energy bar," said Youssefyeh. "We also have a line called ENDO Brands™, which deals with endocannabinoids that are found in the hemp plant," he continued. "This year we have started selling Delta-8 and it has taken off like crazy. People love our Delta-8 gummies, vapes, and flowers," said Youssefyeh, adding that the Company has also opened up a new store north of Dallas, Texas. "We're seeing sales go up every day, we're seeing new customers come in every week, and it's been an amazing experience watching the growth of the new store and the new products."
https://audioboom.com/posts/7890521-right-on-brands-discusses-growing-sales-upcoming-filings-and-first-export-order-with-the-stock
Right on Brands now current with SEC
Dallas, Texas, June 25, 2021 (GLOBE NEWSWIRE)
Right on Brands, Inc.™ (OTC Pink: RTON), is proud to announce that it has finally completed its third quarter filings with the SEC and has become Pink Current. This has been a big step and long process, and our CFO has done a tremendous job for all of us. We look forward to moving forward and moving RTON to a higher exchange. We are on target to file our 10K.
Right on Brands also introduced an Endo Brands vending machine that has already achieved approval for use in select markets. The Endo brands biometric vending machine will be distributed and maintained by owners into "satellite" locations such as smoke shops, beer distributors and convenience stores.
As mentioned in our audio on the Uptick newswire radio show with Everett Jolly, we have received our first international order for Mexico. We are excited for this development.
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