Rocky Mountain High Brands Inc (RMHB)

[oilsleuth]

Much desperation is evident on the other board to construct a hopeful scenario of management taking shares in lieu of cash and share buy backs from rivers of revenue soon to flow in order to head off speculation of the rather more probable likelihood of a large reverse split.

It doesn't have to be a billion dollar plus company to hit $1/share in three years. Why do so many post that analogy? It depends on how they reinvest revenues.

Share buybacks can drastically reduce and even completely eliminate the need for reverse splits as a means of shrinking the outstanding share count.

The problem with this is

1. Management is taking all the cash they can get their hands on. They aren't there on a wing and prayer and they already have plenty of shares if the company is as successful as is hyped it is going to be. In lieu shares were taken when RMHB was broke before the GHS honey pot existed to be dipped into and not so much after.

2. It is conveniently overlooked that much more dilution is in the pipeline through the Equity Funding Agreement before revenue begin to flow in a substantial way to perhaps allow the luxury of share buy backs above essential spending on continuing operations. And of course it's pretty fundamental that revenue from sales is not the same as disposable profit.

It's sad that full and open discussion is not permitted on the other board to correct the many distortions and biased opinions that mislead the unwary and gullible.