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Michael Welch on ABC TV today so we will know then but pps is going up so the reverse split seems to be beneficial.
Don't believe the company controls this process,more like Finra or the SEC.PPS up a little so if it continues you will get more for your shares if you decide to sell them.Good luck with that.
RMHBD is trading at Schwab but the volume is very low so most investors don't know to enter the new temporary ticker.
Ticker is RMHBD for 20 days following rs then will revert to RMHB.The D is added for 20 days onto the ticker of any company doing a reverse split so not a new ticker.
It might.But the move of these new products into mainly retail is a positive indicator.Everything depends on whether they can get the products packaged up and on the shelves:for CBD Life,for Green Lotus and for their own new products.This new person who they just brought on seems the most sensible so far.Hey penny stock is a gamble!
Jersey's chance of eventually being able to cash out is more likely now though.With all the dilution there is no way the shares could have reached a dollar before.
No way the Mexicans who run CBD Life are part of any scam.If the comany hadn't done a reverse split at this juncture they would have lost their otc status and so probably their scource of funding.The pps cannot be below as penny for more than 3 months and with 6s on the bid they were not going to climb back up in time to avoid drlisting.Some otc firms do a lot better after a rs.If a firm has potential investors are more likely to buy in after.
CBD Life still has posts about California and Rocket High beverages on their Facebook page so they must believe the order will go through.
I think the rs was the only way they could avoid getting delisted from the otc.
So if it goes down to .002 between Monday and April 3 you rate it a buy?
Because they kept the shrimp alive is why.
PPS aside what upcoming events can we look forward to?Rather be in this than pot stocks.
Sold yesterday and bought back at .25,this stock is turning me into a flipper.
Today's mj times article updates the situation but has a link to the Jan 8K filing.
Better late than never.Sorry the link to the 8K posted twice please mods erase one thanks.
RMHB filed 8K about the CBD life deal.
Is CBD Life a publicly traded company?
Good thinking.Happy to have added on the dip.
The money is in the patent and because of that with the aquaculture show in New Orleans coming up it's better to keep the shrimp alive.I added another 10,000 on the dip,have 80,000 shares now.
When did he take over the company?
Sorry I am new here I should know.
Held onto my shares because---small float.And Monday morning who knows?
What???
Yes podcast should be today.Sorry I was wrong,time goes by so fast.
Thought podcast 20 was last Friday?
Added on the dips.This stock was recommended by Motley Fool.
$2.16 a share was the price predicted in April 2018 for SHMP shares to reach within 12-24 months from that date,according to Harbinger Research in a newswire posted by the company.
This month is February so should be started now.
Made the same mistake thinking it would reach a dollar.
Added more on the dip.
Bought 40K shares last Wednesday.Can't believe the upside.
From Michael Welch's remarks about how the stock is a long term investment and that investors who want a rise in the pps should sell and buy elsewhere,I think the insiders who bought most of the cheap shares are determined to flatline it for the next 3 years or so.
What is the 3 day rule?
Doug Gillen was very emphatic that online sales alone are not a viable profit endeavor.He is gung ho for retail and building a retail sales network is the area of his expertise.
The way the pps holds steady as a rock I am starting to believe all the trading is mainly done by insiders.
What is the limit on how much more they can increase?
It can happen in Canada.