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Tuesday, June 20, 2017 9:54:43 AM
The problem is that investors will not be able to make any serious money investing in $RMHB until they fix the broken capital structure.
We believe that the Board of Directors has already signaled their intention to do just that by rolling back the preferred share conversion to reduce further potential dilution.
The next step will be to effect a reverse split of the common shares.
It's a bitter pill to swallow, but without a R/S this stock will never attract the kind of capital that they will need to expand and move forward with the ideas that Gerry David and Kevin Harrington bring to the table.
"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Arthur Schopenhauer
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