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Re: rmepac post# 801

Tuesday, 05/16/2017 9:10:17 PM

Tuesday, May 16, 2017 9:10:17 PM

Post# of 12530
The drop from $5 to the current price is due to the fact that this was previously a different business, (cigars, I think), and instead of launching a new company and trying to get listed, the founders took over an existing company that was already being traded OTC.
I bought 10 shares a year or so ago, at $10 or some such, just to have a position. When the spinoff shares came through, the share price had already adjusted to the beverage company's financials, which is IMO - a true value of the company.

So the drop from $5 is nothing to take into consideration when valuing this stock. That price has nothing to do with the current company.

Look at the current financials and news - this stock is not your typical pink.

Good things are coming to those who wait - FHBC long.