Rocky Mountain High Brands Inc (RMHB)

[oilsleuth]

They look to have given up on producing audited financials. Now the game is Alternative Reporting Standard and they are having difficulty even achieving that. As two auditors and an independent accountant have refused to sign off on the accounts they are now resorting to the dubious ARS route to try to convince the market they are in good shape. Clearly they are not. Their financial position will remain questionable even after the ARS if that is approved. You stooges can go on about increasing revenues (the lions share being attributable to CBD Life and private label operations, not RMHB's own domestic production) until the cows come home but that is only part of the story. Without clear, open, honest, verified accounting this is just another high-risk wannabe pup in a highly competitive field trying to sell a fad and somewhat dodgy product to a compliant public. Even Willie Nelson has got in on the act (as was pointed out here recently by the board buffoon).

On any objective assessment of RMHB is a big caveat emptor.