Friday, October 21, 2016 12:19:33 PM
O/S shares shot through the roof. Cost of sales went from 43% (2015) to 105% (2016).
The auditing company that did the 10-K even wrote that it is doubtful that RMHB can continue as an ongoing business. They know RMHB better than anyone and they don't even think it can sustain but the bagholders are still drinking the Kool Aid.
Upper management salaries/compensation packages are insane for a start up at this stage with decreasing sales and ZERO profit.
The ONLY end result is bankruptcy, just like 2014, a few short years ago.
Numbers don't lie.
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