Rich Pharmaceuticals Inc. (fka RCHA)

[JoTorres]

I am going to give my honest opinion based on what I have seeing for over 2 years. Company was going through touch financial issues and couldn't get enough money to pay for tests. Then, they issued billions of shares to survive paying employee and guarantee progress on the project. Let me tell you last time one of the study was getting ready for Phase 3 FDA test. CEO reported what was needed to progress and funds were way too much of capital we had to make it. Strategically, going to Wyoming and issuing those billions of shares to maintain project going was the best solution on the table. SS might look not attractive for some new investors but for the current investor who were here before all of this happened know process is long and slow due to financials since they don't have a product from where they can get revenues from so they decided financial has to come from share selling. Process is slow but surely is going forward company is status active (SOS) and has website active, we might not have communication at all but surely progress is going forward. It costs over $20 millions to have FDA test your project so we will be here for a while.

In my opinion, once company sees financial is not an issue and are ready to move on they might have action on the actual SS. RS might come to reduce SS and make this look more attractive to new investors. I really hope anything that has to be done to keep PPS going on gets executed so at least we get so such a great company moving forward! Having a lower SS will not only make it more attractive but will definitely bring more money easily!