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How do you find all this stuff??
Valued at $2 billion, and the ice cream doesn't taste in the same league as Nightfood. And, no sleep benefit
Of course, they're doing hundreds of millions in revenue a year.
but I don't imagine any halo top customers that try Nightfood will ever go back
You could show him your account with 8 million shares in it and he’s still keep parroting his 7 million number
Obviously there’s no possible way 7 million is right unless there’s a process people need to go through to free up shares after the RS
In any event, anybody who thinks this company could truly have a 7 m float is in for a big surprise
Yah that’s the comparison. Halo top went from nothing to like $300m in sales in 2 years
This is light years better in my opinion. Not even close
Agreed. Sales will drive valuation. Not sure why it’s so low right now but with all the distribution and revenue expected, a market cap of 25 million is a joke (if you believe the revenue and distribution are coming)
I do
All my opinion.
How does it compare, in your opinion, to halo top?
Two companies on there look good. The meat company and the nighttime ice cream
Everybody should have a look at those.
I’m not here to bash RMHB just got active because of that float nonsense
But the news about acquiring the candy company is interesting
Still think the night ice cream company warrants a look as a long term investment
RMHB. If you’re thinking the float is going to save you, just wait until the tide rolls in
No need to make demands.
It’s coming
The financially literate see it coming a mile away
You’ll know shortly after it happens
Enjoy!
GLTU
Tsunami of free trading shares coming!!!
Sink or swim
Let’s see if you float
GLTU
He still can’t explain how it’s possible that a company like this, been around for decades, multiple ticker changes, bankruptcies, and reverse splits, and tons of toxic financing could ever in a million years be so tightly held
He seems to prefer not to even consider such things
Obviously it is downright inexplicable. More importantly, it is NOT possible unless it is an artifact from the RS
If that’s the case, at some point the technicality disappears and those shares can again flood the market
Everybody forgets how much upheaval a RS can cause. Remember how people couldn’t trade? Remember how accounts took weeks to update?
Same thing here.
Or, if anybody can explain how the float could possibly be so impossibly tight, we’re all interested to hear your theories
You know the Greeks used to believe Apollo’s chariot pulled the sun across the sky daily
That theory didn’t age well, and neither does this 7 million share float myth
Ha. Should be pinned, no?
Agreed. Who could POSSIBLY have unrestricted shares gang are NOT free-Trading??
I tried. What can you do.
Over 90% of the stock is free trading.
“...as of today”
Check in with your buddy Vegas Andre in post 95715. He understands what I’m saying.
Maybe he can explain it to you so you’ll understand. If not, you’ll see when it gets corrected.
I’ll mark this post just so I can be sure to remind you that you were warned
Now you can go back to watching Barney
GLTU
You’re right about one thing. Your 401k is in trouble.
GLTU
Have you read the agreement with GHS?
Laughable!
Nobody in their right mind would short it. It’s under a dime
Doesn’t mean 7 m is the float
Size of the float may not matter, agreed
With over 100 million shares unrestricted and under 5m in the hands of company people and institutions, what do you guess the float must be?
You really still don’t understand?
This is getting painful. Its true that it’s easier to fool somebody than to convince them they are being fooled
Standby for an update on the float from your precious DTC and OTC. It’s coming (just like the RS you’d have probably insisted would never happen)
You: “how could there possibly be a reverse split? It hasn’t happened yet therefore it will never happen!”
And then it happened. Same here.
You may be surprised but most of us won’t
By your logic, you’d look outside and see daylight and think night will never come
I’m moving on
GLTU
OTC had TWO BILLION shares issued a couple months ago. Now it’s different
See how that works?
If you don’t yet understand, you will when it happens
Enjoy the “tsunami”
Remember how you went to sleep one day with a million shares and woke up the next day with 50,000
Yup, it will be kind of like that
Today, there may technically be 7 milllion and the DTC info may be correct
But there’s a tsunami coming whether you admit it or not
Might be this week or next, might be a few months. But there is no way that only 6% of the shares of this company are freely tradeable
Doesn’t matter what you believe or what might be true at this particular instant.
Do you know how OTC markets defines “float”?
I understand if you don’t want to think about the harsh reality I posed
But, think about it
If it happens to only be 7 million at this moment in time, that’s probably just a technicality of being so soon after the RS. How else can you explain this company having only 6% of shares in the float
Don’t respond talking about DTC or anything like that. It’s not relevant
I understand if you don’t want to try to answer the question as it might seem scary
It’s ok if you chose to bury your head in the sand. But, alternatively, you can engage in an intelligent discussion of HOW what you’re saying could possibly be true. (I don’t think it can)
If they’re not there yet, they will be soon
How could a company that’s gone through multiple ticker changes, bankruptcies, reverse splits, etc
With all that, how is it possible that the public float could be 6% of issued shares?
You can keep pointing to the numbers on their profile, and say you contacted DTC, but there is no logical answer to my question in the prior paragraph is there?
I’ll wait
If you cannot answer that question, it’s safe to assume that there is a “tsunami” of shares either in the float that you’re not accounting for, or soon to hit the float
The question again for your convenience:
With al the multiple ticker changes, bankruptcies, reverse splits, etc, how is it possible that the public float of this company could be only 6% of issued shares?
After RS, do all newly issued shares get placed in DTC and then need to “move out” again? Anybody know?
Braden Head? toxic avenger?
Anybody?
How do you reconcile the filings made by RMHB that show the team owns under 5 million shares? And that they issued over 11 million to GHS and others in just the last 6 months?
How does that jive with a “float” of 7 million shares
Where are the other 111 million of the team owns under 5 and institutions own under 100k?
And what do you suppose GHS did when they had 11 million issues and then files they own about 8 now
And do you think GHS intends to hold those?
You can believe what you want about the future of any company. That’s up to you
But, I can’t believe the float, as you define it, is only 7 million unless through some technicality from a RS the new shares issued in exchange for the 20 cancelled are somehow not counted as part of the float at this moment for some reason
The record at OTCmarkets.com shows their profile was last verified in February!!
It also shows over 105 million unrestricted shares and over 95 million at DTC
My guess is the excessively high percentage of unrestricted shares held at DTC, for a company that’s been fast and lose with their shares for many many years, if accurate, is a technicality based on the RS and in no way truly reflective of how tightly held the shares are
Do with this what you will. But don’t think it’s going to skyrocket because there’s only 7 million in the “float”. I expect you will find in the coming months that this 7 milllion number turned out to be a red herring
you may want to check some handy links:
1. the last Q says "
On April 22, 2019 the reverse split of the Company’s stock, at a ratio of one share for every 20 shares, was effective. All common stock share and per share amounts in this document reflect this reverse split."
it also shows over 11M shares going out to
1/2/2019 John Kuhlke 25,403 0.16 Services Rendered Section 4(2)
1/2/2019 GHS Investments 500,000 0.10 Note Payable Conversion Rule 506
1/7/2019 GHS Investments 2,313,849 0.13 Shares Sold Rule 506
1/25/2019 GHS Investments 500,000 0.10 Note Payable Conversion Rule 506
2/4/2019 GHS Investments 750,000 0.10 Note Payable Conversion Rule 506
2/5/2019 GHS Investments 1,262,393 0.14 Shares Sold Rule 506
2/22/2019 GHS Investments 1,167,930 0.14 Shares Sold Rule 506
3/7/2019 GHS Investments 1,530,315 0.11 Shares Sold Rule 506
3/20/2019 GHS Investments 1,538,850 0.11 Shares Sold Rule 506
4/16/2019 GHS Investments 889,666 0.09 Shares Sold Rule 506
4/30/2019 GHS Investments 535,904 0.04 Shares Sold Rule 506
because of the low prices, I'm thinking maybe those are pre-split or post-split numbers. not sure. anyway, even if those are 20/1 numbers, the next 2 items should be of interest:
2. OTCQB certification shows that as of 5/29, the team owns WELL UNDER 5m shares:
Name Address (City and State only) Number of Shares Owned
Michael Welch Dallas, Texas 1,341,804
David Seeberger Dallas, Texas 1,263,062
Charles Smith Highland Village, Texas 902,142
Jens Mielke Dallas, Texas 487,158
Dean Blythe Frisco, Texas 100,000
Winton Morrison St. Petersburg, Florida 664,783
3. 13F filings show total institutional holdings of under 100k shares: https://www.nasdaq.com/symbol/rmhb/institutional-holdings/new
So, you can believe that the float is 7 million if you want. I'm showing you that can't possibly be. Or, at the very least, the filings and public records conflict with each other
So, with under 5m owned by the team, and under 100k owned by institutions, let's say that accounts for a total of about 5 million of what you're talking about. who owns the other 97% ?
I'm telling you it's not possible the float is only 7m. GHS alone owned almost 8 million as of last week as per their filing at https://www.otcmarkets.com/filing/html?id=13523787&guid=m8xxU6EIXguOByh
you think they're long? You think they're restricted?
due your DD. I put the public float at 100 million, not 7
I’m not going to argue with you. Just saying it doesn’t make sense. Maybe it has something to do with the RS
Was it only 140 million before the RS so you know?
That’s a great article.
I see it’s there too. Does it make sense that such a small % of shares could be in float based on what you know?
I’ve been lurking on this board for a few years now and I don’t see how it’s possible.
Just a heads up. At some point I think it will need to be adjusted (translated: corrected)
With all the financing they’ve done I don’t see any way possible the float is 7,000,000 shares
I probably don’t know much about this as some of you guys but how would it be possible to do so much financing and have less than. 6% of the shares be free.
Not possible right?
Yup. Friday PM on Facebook
No offense but will that really impact penny stock longs, flippers, and bashers? ????
yup, I just googled "Richard Sherman endorsement"
pretty impressive stuff
T-Mobile
Cambell Soup
Beats By Dre
Nike
Body Armor
Richard Sherman did a similar deal with Body Armor a couple years back.
Just found this:
https://www.forbes.com/sites/darrenheitner/2014/06/02/richard-sherman-signs-equity-and-endorsement-agreement-with-sports-drink/#6c264ce748e6
let's hope NGTF does as well as Body Armor.
I'm pumped!
There was no mention of the drinks. Is RMHB also supplying Gimmies?
I don’t remember hearing that
Seems like only a matter of time for a Selena Gomez or somebody huge like that, right?
And then what happens? Oh boy
Wow...great find about Bobby Portis. Being in the biggest market in the WORLD is a bonus, with his signing with the knicks! (and we want whoever his agent is, because 2 years for $31 million for him is pretty rich!!)
From the article:
Hard to tell if it’s intentional BS or really just sloppy DD from some of the esteemed posters on the board
I tend to think people are naturally good, so I chalk it up to sloppy research or simple ignorance rather than malicious intent
Like you said, fully reporting for years, massive growth since the ice cream launch this year
They may or may not hit it big, but seems like it’s got a good thing going and a great chance to make it to the big time
Your DD is exquisite
They file Qs and Ks all the time
Maybe you’re in the wrong board??
??????????