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Re: damAcon1 post# 94715

Wednesday, 04/24/2019 4:24:28 AM

Wednesday, April 24, 2019 4:24:28 AM

Post# of 100754
The problem in the pink sheet world is... The PPS reflects the true VALUE of the company and the revenue it makes. If you have 100 shares at .01, it's because the company stock is only WORTH .01. After a reverse split, the stock price very typically FALLS right back to what the company is worth rather quickly. Who hasn't seen this countless times? Real Companies price might hold up after a reverse split but in these criminal, unregulated pink sheet stocks... It's nothing more than legalized THEFT. It would not be difficult for the SEC to require more strict control over reverse splits in the pink sheets. RMHB stock price will fall right back to pre reverse split value within a month or 2 is my opinion. Then it's a viable candidate to purchase. Otherwise RMHB is nothing more than a POS REVERSE SPLIT SHELL. The "BUSINESS MEN" in charge of this POS have all made millions off this worthless stock while the "company" has little to show.