Rocky Mountain High Brands Inc (RMHB)

[oilsleuth]

From the other board:

The company has been performing so badly turn-round specialists have been brought in to try to improve matters. They are out of cash (see the previous Quarterly) and need more funding ("investment capital") which may well result in further substantial dilution.

"The consultants have complete control of all funds received from sales revenue, loans and investment capital which will be used to fuel the path forward, growth and reduce current debt. Different decision makers have been put in place to ensure the Company and its subsidiaries are heading in the right direction in all matters relating to RMHB’s business operations, including operational efficiency, productivity, marketing, sales strategy and funding."

There it is in black and white. No reading between the lines is needed. Management has stuffed up and is looking to find a way out of the problem. It's as clear as the nose on your face. There is no sugar coating it with head-in-the-sand talk of "potential". The consultants are company doctors not some happyclappy cheer leaders.