Rocky Mountain High Brands Inc (RMHB)

[oilsleuth]

An extract from a post on another board (not the other board) I found interesting. The name of that company is deliberately withheld so as to avoid any possible infringement of I Hub rules.


"Because the amount of outstanding shares is irrelevant in today's market. They create 'infinite liquidity' and will sell shares into the market well in excess of the number that actually exist, which has a dilutive effect on price. And most importantly, they don't buy the shares back, because why would they when regulators don't enforce the laws? So real price discovery based on supply and demand is totally gone.

And most financial institutions do not care about innovation, new technology, etc. They care about making the most money possible, by any means necessary. And the way they do that today is by strangling companies like #### to death, through toxic financing (which #### has finally broken away from), naked shorting (which #### cannot directly stop) and reverse split cycles (which I truly hope #### does not get forced into again)"


This is the first time I've heard of the novel concept of 'infinite liquidity' and that the amount of Outstanding Shares doesn't matter, financial institutions are out to strangle small struggling companies to death, and naked shorting is easily done because there is no enforced obligation on the shorter to buy the shares back (apparently the defrauded buyers just shrug it off).

This extremely odd view of investing in Pinks met the enthusiastic support ("Spot on man!") of a well known apologist for RMHB.