Rocky Mountain High Brands Inc (RMHB)

[oilsleuth]

He wasn't moving to Texas to be closer to RMHB's operations. Many on the other board aren't very bright but none could be that stupid.

[oilsleuth]

You slay me ronnie.

Total Assets:

31 December, 2020 $4,248,024
31 December, 2021 $2,523,820

Total Liabilities:

31 December, 2020 $5,482,743
31 December, 2021 $8,020,411

You call that getting back on track? It's a debacle and a shambles.

Bear in mind that 2021 was the year CBD Life was supposedly going to start contributing revenue big time.

[Anvil]

With negative gross margins, this company would be better off not producing. And sales to CBD Life seem to be dwindling.

[kgw]

Since their inception in 1993, they have changed their name 8 times. They've finally found their destiny as a five cent a can co-packer. Still deceiving investors as a brands company of beverages. They even have investor's that believe in the company so much, they are moving to Texas. That's some impressive mind control or people just being gullible.

Rocky Mountain High Brands Inc. 10/23/2014 to present
Totally Hemp Crazy Inc. 07/17/2014 to 10/23/2014
Republic of Texas Brands Incorporated 11/2011 to 07/17/2014
Legends Food Corporation 05/2011 to 11/2011
Precious Metals Exchange Corp. 12/2008 to 5/2011
Stealth Industries, Inc. – 10/1999 to 12/2008
Assisted Living Corporation – 11/1993 to 10/1999
Electric Reel Corporation of America, Inc. – 8/1968 to 11/993

[oilsleuth]

ROCKY MOUNTAIN HIGH BRANDS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2021 AND 2020
UNAUDITED

As reflected in the accompanying consolidated financial statements, for the year ended December 31, 2021, the Company had:

Net loss of $4,857,633; and
Net cash used in operations was $1,021,084

Additionally, at December 31, 2021, the Company had:

Accumulated deficit of $52,303,215
Stockholders’ deficit of $5,492,964; and
Working capital deficit of $7,606,580

[oilsleuth]

Does anyone know what happened to the vast river of revenue that the experts said was going to result in share buybacks that would dispense with the need for a reverse split and also put a stop to more heavy dilution? In the event we got a 1:20 reverse split and 400 million new shares have been minted since the R/S (including 146,173,033 in the past four weeks). This is de facto information in the here and now which is independent of what the missing and well overdue financial statements might contain.

Please spare us nonsense about being a "gold mine" and "world class".

[oilsleuth]

The last financials submitted (unaudited) were to 30 June, 2020 so which financials after that are you speaking of?

[oilsleuth]

This one on 5 May by the Superintendent of the other board didn't work out too well:

"Hopefully they'll re-launch their legacy drinks soon. I believe they've been planning to do that when the growth of their revenue streams presented the opportunity to do it with minimal dilution to help cover up-front costs."

Oops.

DILUTION DILUTION DILUTION

[oilsleuth]

Huge dilution. Outstanding Shares now 494,379,482 (6 May). That is up 103,909,091 from the previous figure.

It's looking like Doomsday is nearly here.

[oilsleuth]

Got a big laugh at the inane assertion that the problem was with the Accounting Firms (and not RMHB's dog's breakfast of poor and unsupportable records). But it's okay now because they have hired a proven Accounting Firm to work some magic on them!

[oilsleuth]

Way to go with the financials, Oscar. The last one released was the 10-Q for the three months ended June 30, 2020. It was unaudited and signed off by Seeberger, Smith and Stock on August 20, 2021. Net loss for operations for the Quarter was $1,470,202.

All is not well in RMHB's little play ground.

[bradenhead]

Exactly! A 53' semi tractor trailer can haul approximately 50,000 cans. If they shipped one truckload 300 days of a year, that would be 15 million cans. The problem for RMHB is that they only receive 5 cents per can as a co-packer for CBD Life ( they receive no revenue from the sale of the drinks). That means their total revenue for the hypothetical year would amount to $750,000. There are problems with this:

- I don't believe their rather small production facility can consistently maintain those
production numbers.

- I don't believe they have the established supply chains (ingredients, pallets,
shrink wrap, cans... just to name a few) in place to maintain those
numbers

- With average losses of $6.7 million per year in the last three filed annual reports
(2017,2018,2019), $750,000 annual revenue will hardly make a dent in losses.

- There is little doubt in my mind why they don't/won't file current reports.

THIS SHIP HAS SUNK AND THERE IS NOW ONLY DEBRIS FLOATING ON THE SURFACE.

[bradenhead]

Since the 1:20 reverse split on 4/22/2019, RMHB outstanding share count has increased by a multiple greater 5. . . all while posting massive losses. Why folks continue to depend on hope as an investment strategy is beyond all logic. Fortunately I exited this disaster when it was still THCZ in 2014 for a $250k gain. Ronny's pump support is either delusion or paid. I suspect the latter.

[goingnuts]

well said. if the numbers were good we would be hearing it all over this board and the other one. we'd be seeing videos of full pallets, production runs, you name it, all day long.
My take is that the last 6 months of 2021 numbers are disastrous, They don't dare publish them.

[oilsleuth]

Another episode of your long running BS story ronnie that doesn't match the facts on the ground. This broken down hack is not on the way to becoming a champion racehorse. Wave goodbye to all the dough you have lost on it. You made the mistake of believing your own bullshit. Making up phony form guides won't get it back.

[onthegreen]

1,607 DAYS OF MEXICO LIES / NO ORDERS
Rocky Mountain High Brands Announces Significant Private Labeling Contract
Press Release | 12/19/2017
DALLAS, Dec. 19, 2017 (GLOBE NEWSWIRE) -- Rocky Mountain High Brands, Inc. (OTCQB:RMHB), a fully reporting consumer goods company specializing in brand development of health conscious, hemp-infused food and beverage products and a naturally high alkaline spring water announced today the Company has entered into a three-year Master Manufacturer Agreement with CBD Alimentos SA de CV (“CBD”), a food and beverage distributor from Mexico. During the term of this Agreement, CBD shall have the exclusive right to distribute in Mexico the Company’s energy and soft drinks with hemp seed oil and hemp seed extract. In return, CBD will utilize the Company as its exclusive supplier of its hemp-infused drinks.

CBD’s initial purchase order will be 8,000,000 cans, worth up to an estimated $3,600,000 in revenue for the Company during late first quarter or early second quarter of 2018. The 2018 volume requirement is 16,000,000 cans including the initial purchase order. This translates to revenue to RMHB of up to an estimated $7,200,000 in 2018 under this contract. RMHB and CBD will work in good faith to agree to a 2019 volume requirement.

Michael Welch, Chairman of the Board, President and Chief Executive Officer, said, “We are very pleased to have this significant private label opportunity to provide our original hemp-infused drinks in Mexico and are looking forward to working with CBD. This agreement, made possible by CBD, is an important milestone for our Company. We look forward to meeting Mexico’s demand for hemp-infused drinks with our great products. We will work closely with CBD to advance this strategic opportunity.”

The Company filed a Form 8-K with the Securities and Exchange Commission on December 15, 2017. A copy of that filing can be found at:

https://www.sec.gov/Archives/edgar/data/1670869/000166357717000415

[oilsleuth]

More of your rubbish ronnie. Without audited financials what is going on in Mexico is murky and simply wishful thinking. Social media advertising is not a reflection of hard sales.

Suspension from share trading, absence of audited financials, steadily increasing share dilution, the public not overly impressed by the vague CBD beverages health quackery - never seem to rate a mention in the garden-of-roses stories here.

[oilsleuth]

A big week coming up ronnie? All those missing audited financial reports are on the way at last?

Without the reports we haven't a clue how things are going in Mexico. CBD Life's social media advertising doesn't necessarily equate to strong sales performance and RMHB's take of their revenue is not of "gold mine" or "world class" proportions anyhow. We know the RMHB domestic beverage operations are desultory and nothing to be excited about.

[Haytore]

These guys are trying to grasp onto anything they can. And if there is nothing, then they'll fabricate it. I guess RMHB told the longs that the fins will be out middle of May. I'm sure Ronnie is working on the "excuse de jour" for when that fails to happen.

[oilsleuth]

ROFL. Did he think we didn't know what a can of Rocket High Energy looks like? Like CBD Life has never shown one, like pickles has never linked to a video of clowns dancing around one. If he had named the store he allegedly bought it in (in Cabo, Mexico) that would have been helpful. Your story stinks. He was so amazed to see cans of the drink he told his wife to buy some and bring them home (his wife? wtf does that have to do with it?) but he didn't have the wit to state the store that sold it! Give us a break.

And it's Salud (health) you knucklehead, not Salute.

[oilsleuth]

"Maybe that's the big supprise [sic] and the news there [sic] waiting to report before they put out the financials!"

Ridiculous.

[oilsleuth]

RMHB is back to the Expert Market, presumably because of missed reporting deadline. But it's okay because the other board fills in with newsy stuff they make up.

[oilsleuth]

You think CBD Life sells in some OXXO stores. You need to do better than that. If CBD Life does it has kept it to itself.

[oilsleuth]

But ronnie (Christian Vega?), what about the heavy dilution that continues with the ever increasing number of shares on issue (now 390,470,391), and what about the missing audited financial statements? Where is the river of revenues that you have been touting for years?

Here is a vanishing act you have been complicit in worthy of the Penn and Teller magic show:

Buy 20,000 RMHB shares at 10c for an outlay of $2000
Reduce the holding to 1000 shares through a 1:20 reverse split
And hey presto the value of the 1000 residual shares at market price of 2c is now $20

Do you really think any sane investor who has been burned by your poisonous stoogings would take notice of any more of your baloney?

[oilsleuth]

I get a kick out of the talk of it being a gold mine, world class company in the making, a buy out by Pepsi and other idiocies. It's a piss-farting little company that has gone nowhere for years.

[oilsleuth]

Audited financials out soon ronnie?

2021 Annual now overdue and 2022 March Quarter due 15 May.

[oilsleuth]

With Rocket High Energy plastered on the side of the spaceships advertising doesn't come any better than that. The Rocket drink served like wine on board to millionaire passengers. It would be a winner with all the stockholder "to the moon" babble come true at last. Elon is a smart guy and he will see a great opportunity for a synergy merger with RMHB. Suck it up Pepsi.

[kgw]

That’s a great idea, just like TANG and NASA!! lol

[oilsleuth]

Now that Elon Musk has bought Twitter his next big buy could be Rocky Mountain High Brands. Anyone thought of that? The Rocket Energy drink would make for a natural partner with his spaceships.

[oilsleuth]

Outstanding Shares up 42,263,942 to 390,470,391

OS was 94 million post the 1:20 reverse split.

Dilution Dilution Dilution Dilution Dilution

Gold mine not. World class not. All lies.

[onthegreen]

1,592 DAYS OF MEXICO LIES / NO ORDERS
Rocky Mountain High Brands Announces Significant Private Labeling Contract
Press Release | 12/19/2017
DALLAS, Dec. 19, 2017 (GLOBE NEWSWIRE) -- Rocky Mountain High Brands, Inc. (OTCQB:RMHB), a fully reporting consumer goods company specializing in brand development of health conscious, hemp-infused food and beverage products and a naturally high alkaline spring water announced today the Company has entered into a three-year Master Manufacturer Agreement with CBD Alimentos SA de CV (“CBD”), a food and beverage distributor from Mexico. During the term of this Agreement, CBD shall have the exclusive right to distribute in Mexico the Company’s energy and soft drinks with hemp seed oil and hemp seed extract. In return, CBD will utilize the Company as its exclusive supplier of its hemp-infused drinks.

CBD’s initial purchase order will be 8,000,000 cans, worth up to an estimated $3,600,000 in revenue for the Company during late first quarter or early second quarter of 2018. The 2018 volume requirement is 16,000,000 cans including the initial purchase order. This translates to revenue to RMHB of up to an estimated $7,200,000 in 2018 under this contract. RMHB and CBD will work in good faith to agree to a 2019 volume requirement.

Michael Welch, Chairman of the Board, President and Chief Executive Officer, said, “We are very pleased to have this significant private label opportunity to provide our original hemp-infused drinks in Mexico and are looking forward to working with CBD. This agreement, made possible by CBD, is an important milestone for our Company. We look forward to meeting Mexico’s demand for hemp-infused drinks with our great products. We will work closely with CBD to advance this strategic opportunity.”

The Company filed a Form 8-K with the Securities and Exchange Commission on December 15, 2017. A copy of that filing can be found at:

https://www.sec.gov/Archives/edgar/data/1670869/000166357717000415

[oilsleuth]

When they have just diluted 42 million shares and the only "news" is pickle's airhead song-and-dance videos then it ought not be surprising that the share price has taken a dive.

Some may not be aware of the hefty dilution because the stooge mods prevent it from being posted as an important factual development. Outstanding Shares have increased 42,263,942 to 390,470,391. It's called dilution, it's what they do best chaps.

[oilsleuth]

When they have just diluted 42 million shares and the only "news" is pickle's airhead song-and-dance videos then it ought not be surprising that the share price has taken a dive.

Some may not be aware of the hefty dilution because the stooge mods prevent it from being posted as an important factual development.

[bradenhead]

Yup. Up from 94 million post split with no growth in revenue since. Constant capital drain.

[oilsleuth]

Outstanding Shares up 42,263,942 to 390,470,391

Delete away you scum stooge mods but it doesn't change the hard fact that the OS keeps on rising despite the renegotiated GHS Agreement that was supposed to put a brake on dilution.

[oilsleuth]

See Settings and My Removed Posts. Deleted for vulgarity. Clean it up and you have a post that is acceptable.

[onthegreen]

1,582 DAYS OF MEXICO LIES / NO ORDERS
Rocky Mountain High Brands Announces Significant Private Labeling Contract
Press Release | 12/19/2017
DALLAS, Dec. 19, 2017 (GLOBE NEWSWIRE) -- Rocky Mountain High Brands, Inc. (OTCQB:RMHB), a fully reporting consumer goods company specializing in brand development of health conscious, hemp-infused food and beverage products and a naturally high alkaline spring water announced today the Company has entered into a three-year Master Manufacturer Agreement with CBD Alimentos SA de CV (“CBD”), a food and beverage distributor from Mexico. During the term of this Agreement, CBD shall have the exclusive right to distribute in Mexico the Company’s energy and soft drinks with hemp seed oil and hemp seed extract. In return, CBD will utilize the Company as its exclusive supplier of its hemp-infused drinks.

CBD’s initial purchase order will be 8,000,000 cans, worth up to an estimated $3,600,000 in revenue for the Company during late first quarter or early second quarter of 2018. The 2018 volume requirement is 16,000,000 cans including the initial purchase order. This translates to revenue to RMHB of up to an estimated $7,200,000 in 2018 under this contract. RMHB and CBD will work in good faith to agree to a 2019 volume requirement.

Michael Welch, Chairman of the Board, President and Chief Executive Officer, said, “We are very pleased to have this significant private label opportunity to provide our original hemp-infused drinks in Mexico and are looking forward to working with CBD. This agreement, made possible by CBD, is an important milestone for our Company. We look forward to meeting Mexico’s demand for hemp-infused drinks with our great products. We will work closely with CBD to advance this strategic opportunity.”

The Company filed a Form 8-K with the Securities and Exchange Commission on December 15, 2017. A copy of that filing can be found at:

https://www.sec.gov/Archives/edgar/data/1670869/000166357717000415

[oilsleuth]

Outstanding Shares up 42,263,942 to 390,470,391.

After the 1:20 reverse split there were less than 100 million. That was the split Adi maintained wouldn't happen because RMHB was making so much revenue there would soon be share buybacks to reduce the bloated capital so a r/s wasn't going to happen. The strong revenue growth that will make the Company "world class" is still to arrive but the predictions it will continue being hawked around by the pumper mods. However, if you want to bet on a sure thing bet on Outstanding Shares growing strongly as that one has excellent track form and is working really hard.

[Haytore]

In the 7 years that I have been familiar with this company, shares are the only things that they have successfully marketed. They also produce a great deal of bovine fodder, although that is difficult to quantify.

[oilsleuth]

The large increase in the Outstanding Shares was reported on the other board but swiftly deleted by the scum who rule over it. It did not meet the fluffy upbeat standard mandated there. Some would say that witholding such important news in an attempt to keep investors in the dark is tantamount to fraudulent practice.

[oilsleuth]

That is a 12.14% increase. Has anyone seen a 12% improvement in performance since the last increase? It's no use looking in the audited financials because there aren't any.

[oilsleuth]

Outstanding shares up 42,263,942 to 390,470,391.

[oilsleuth]

Thanks for your latest splendidly composed piece ronnie (although unfortunately marred by the grammatical howler "it's potential" - we have been through the "it's" and "its" difference before but you seem incapable of understanding it). We were worried that you had cut and run after all your depressingly off-target failed predictions and we were to be denied any more of your would-be thoughtful and wise compositions.

Can't wait to see them grow to be world class when they will be the ones doing the buyouts. But first gotta get past having only a tiny fraction of their incredible future potential. Got any clues how they will do that ronnie? Bit of a problem when the hapless crew (aka management team) running the show can't even manage to get out audited financials.

[onthegreen]

1,568 DAYS OF MEXICO LIES / NO ORDERS
Rocky Mountain High Brands Announces Significant Private Labeling Contract
Press Release | 12/19/2017
DALLAS, Dec. 19, 2017 (GLOBE NEWSWIRE) -- Rocky Mountain High Brands, Inc. (OTCQB:RMHB), a fully reporting consumer goods company specializing in brand development of health conscious, hemp-infused food and beverage products and a naturally high alkaline spring water announced today the Company has entered into a three-year Master Manufacturer Agreement with CBD Alimentos SA de CV (“CBD”), a food and beverage distributor from Mexico. During the term of this Agreement, CBD shall have the exclusive right to distribute in Mexico the Company’s energy and soft drinks with hemp seed oil and hemp seed extract. In return, CBD will utilize the Company as its exclusive supplier of its hemp-infused drinks.

CBD’s initial purchase order will be 8,000,000 cans, worth up to an estimated $3,600,000 in revenue for the Company during late first quarter or early second quarter of 2018. The 2018 volume requirement is 16,000,000 cans including the initial purchase order. This translates to revenue to RMHB of up to an estimated $7,200,000 in 2018 under this contract. RMHB and CBD will work in good faith to agree to a 2019 volume requirement.

Michael Welch, Chairman of the Board, President and Chief Executive Officer, said, “We are very pleased to have this significant private label opportunity to provide our original hemp-infused drinks in Mexico and are looking forward to working with CBD. This agreement, made possible by CBD, is an important milestone for our Company. We look forward to meeting Mexico’s demand for hemp-infused drinks with our great products. We will work closely with CBD to advance this strategic opportunity.”

The Company filed a Form 8-K with the Securities and Exchange Commission on December 15, 2017. A copy of that filing can be found at:

https://www.sec.gov/Archives/edgar/data/1670869/000166357717000415

[oilsleuth]

Enquires about the financials are not welcome on the pickle board. They are a distraction from the important work he does there.

[oilsleuth]

He could be sulking because the market won't recognise his financial genius that this is a world class stock in the making.

[goingnuts]

yeah, but he is still working that delete button!

[Haytore]

Ronnie hasn't posted on the company board for over a month. I'm thinking that the the last check they gave the paid stooge probably bounced!

[oilsleuth]

Audited financials out soon ronnie? (They don't need to woke fashion "reach out" to us and "share" them, just release and disclose them.)

[oilsleuth]

It depends who was rostered on guard duty when the post appeared. If it was Adi it would have lasted about 2 seconds, any of the others from 2 minutes to 2 hours.

The last report on the bottling plant was it is a gold mine, but company promoters can be terrible liars.