Well, grabthegreen, no manifestation in March. And now, the day of the much vaunted launch, it takes Mickey Mouse $55 & $73 “paint up” buys to keep this out of red for the day. Please, tell me what makes HEMPd products better or more appealing than the thousands of IDENTICAL products available on thousands, upon thousands of websites? Oh, for the record, Gerry and David are long time GONE. CBD is a very crowded space, filled with thousands of upstart companies.
Many like to blame JG for his toxic financing as the root problem. Well, let me tell you, the most toxic thing that has happened to the shareholders is the doubling of the outstanding shares in the brief period since the departure of JG. That 800 MILLION new shares effectively, itself, halved the value of your investment.
They, conservatively, raised $20 MILLION from stock over the last 8 months. What did they do with all of that money? I’ll tell you what they didn't do. They didn’t conceive of, or develop, a CBD line of products. Everyone of those products existed. They drew, or paid a graphic artist to design labels to slap on existing products and then bought the smallest production quantity they could so as to make a weak, stutter start, launch in the very crowded CDB space.
The $20 MILLION? That went to the officers and directors in the form of inflated salaries for all of the hard work they’re not doing. And, it went to GHS, who by now has established a very profitable, risk free result for their remaining obligation to RMHB. Shareholders will not be winners here. That was self evident the day the GHS deal was inked.
I’ll tell you one more thing.....Stop your incessant pumping of this failed/failing enterprise. Admit you made a mistake and begin attempting to salvage some of your losses by trading this on the 3 to 4 tic dips and spikes. There is still time.
