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The class A stock that Jerry issued to Lilly Li was never intended to be converted to common stock.Its purpose was to give her control of the company so she could merge RMHB China with it.
Not a scam:management presently running it believes in it and previous management wanting it back does too.
It's Grisaffi not Gasaffi.
It's a legal matter of record that in 2017 Lilly Li founded a company in China(office in Beijing)with the name RMHB China.It was never merged with RMHB as she had intended because when Jerry left,her plan to import beverages into China did not materialize,but I think the company still exists.
Just Google RMHB China duh!
Jerry Grisaffi told me that this afternoon.He is involved in several other projects with her.It is easy enough to contact him and ask him yourself.
Well she has all her permits in place for exporting to China now and still owns RMHB China since it was never merged.
Lily Li has documentation giving her 51% control of the company.
I think Rocket Energy and California are great names for the Mexican drinks.
Thanks for doing DD on this matter.I hope we will be able to purchase these beverages in the USA.
Storing drinks manufactured for the Mexican market is its intended purpose.Why would the Alimentos store beverages that did not belong to them.That is a very convoluted hypothesis as well as a most unlikely one.
The warehouse is owned by Alimentos the Mexican company not RMHB.
Whatever amount of authorized shares were uses they have to be accounted for as RMHB is a self reporting company.
Your assessment of this situation is not accurate.
RMHB didn't dump shares.They sold shares to GHS in exchange for money to fund their enterprise going forward.GHS is selling off the shares they acquired in this way.Some people may scoff but Michael Welch and those working with him believe RMHB is embarked on profitable ventures.
GHS sells the shares they acquired for financing on good news.They are careful not to dump on no news days because they aim to keep the stock from going sub penny.
Grisaffi.
Lily Li has not surrendered the Class A preferred shares that gave her(at the time)a controlling interest in RMHB in return for the $3,500,000 she paid Jerry Grisaffi.The lawsuit states that they were illegally issued and tries to nullify them.
The Mexican CBD infused beverages in the Alimentos warehouse in Laredo not the CBD HEMPd water!!!
No the Mexican company.
Says they have a warehouse in Laredo,Texas.
He posted photos of HEMPd products.How is that not relevant?
They are prepping the HEMPd website for the CBD water so it looks like it will happen.
The CBD water will be out before the end of the month and as soon as it is the company will launch an energetic advertising campaign.They are waiting for that item to be added to their HEMPd product line.
Their paychecks are in stock which would be worthless in a BK so I don't buy in to that scenario.
If Lily Li did not think RMHB was a viable investment she would not be trying to get control of it back which she clearly is as per the countersuit.After all she paid Jerry Grisaffi $3,500,000 for control of it.Now her whole plan of exporting to China has been cancelled.What happened to her company RMHB China based in Beijing that she intended to merge with the main company?
I think they lease it though.
Was assuming they still manufacture the beverages as I remember seeing pics of Jerry Grisaffi in his shower cap in front of thousands of stacked up cans in the factory???
So did they manufacture their beverages previously?
I love the HEMPd products but the fact that they are not boosting the HEMPd Facebook ads makes me think they are keeping the PPS purposely low so they can take more shares in salaries and payouts.
The CEOs are not selling stock.They are not allowed to without filing a disclosure form.
So what would happen to RMHB if Jerry G wins the suit and Lily Li takes control of the company back?When he left the pps was around .07 or .08.
The suit claims the 4 billion shares used for financing were issued without shareholder consent and that no shareholders meetings are being called.
The legalization of hemp farming bill has passed congress.
RMHB informational broadcast today at 12.30 et.Anyone have a link to it?They said Harrington & David still on board and Mexico deal still in the works.There was a lot more.
Millions of potential RMHB customers in Mexico:--There are a lot of very rich people in Mexico,also a large professional middle class.A huge student population.And sure a lot of really poor people.Income disparity.
Talking about being an entrepreneur not multi tasking daily life.
No the HEMPd CBD supplements have made it possible to multitask focusing on several different endeavors at the same time.Therefore I am edgier than ever because of the extra tasks to be completed.There has been an overall improvement in my health.
My third week of using CBD infused pro ducts from the HEMPd website and the improvements in my life have been dramatic.
Up 5.69% nice.
Mexican company representatives visit to RMHB hq will be videoteped.That should put all doubts to rest.