InvestorsHub Logo
Followers 22
Posts 1746
Boards Moderated 1
Alias Born 03/10/2007

Re: None

Thursday, 04/05/2018 10:06:02 PM

Thursday, April 05, 2018 10:06:02 PM

Post# of 12541
So because I'm bored and curious I been snooping trying to make some since of the recent action besides the redirected url.

1. If you look up the CEOs linked in, one thing that stands out is he has recently taken an interest in cannabis crowdfunding.

2. This is interesting because in September of 2017 RBDC was added to the FDA SRO(significantly regulated organizations) list under #158020565.

HHS Supplemental Standards of Ethical Conduct formally defines SRO as “an organization for which the sales of products regulated by the Food and Drug Administration (FDA) constitute ten percent or more of annual gross sales in the organization's previous fiscal year; where an organization does not have a record of sales of FDA-regulated products, it will be deemed to be significantly regulated if its operations are predominately in fields regulated by FDA, or if its research, development, or other business activities are reasonably expected to result in the development of products that are regulated by FDA."  See 5 C.F.R. § 5501.101(c)(2).

3. Then on January 19, 2018 the DTC reinstated all services for RBDC which have been suspended since 2011.

Probably don't mean much but you can dig up anything when your bored.

Put Your Money Where Your Mouth Is