Sunday, December 17, 2023 3:41:48 PM
I posted this on another site in August. "company is still working on uplisting with OTC but a law suit concerning a past business deal involving 16 million shares of RHCO stock has delayed that until resolved".
Since then, a New CEO announced but no news since. OTC has had "yield" on company for some time now.
I have been told several times now OTC issue is due to Lawyer letter concerning current status of company. Plus, the lawsuit has been settled so I assume that also has to do with that 16 million shares. They have responded to OTC a 3rd time to resolve issue.
Once OTC issue is resolve, they will release latest Qtr. Earnings. Was told not to expect any news till OTC issue is resolved.
Whether you think that is good or bad it is what I have heard is the current situation.
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