Rocky Mountain High Brands Inc (RMHB)

[jerseyfish]

Yes it was Toxic financing. Jerry needed funding to stay alive. No Bank or lending institution would lend him the money he needed so he got funding any way he could. The theory is if he was successful he would find a way to either restructure the loan or pay it off out of profits. Along came Mrs Mrs Li Lilly with deap pockets and required control of the company and so she paid Jerry $3.5 million and the promise to fund the company. Mrs Li had an established business in China that she thought would give both her and the company a windfall. She formulated a plum drink the Chinese love. While all this was going on Jerry thought it would be a good idea to bring in people to run the company that had far more experience that would move the company forward at a faster pace. The rest I think you all know.