Replies to post #65012 on Rocky Mountain High Brands Inc (RMHB)

[Crawford 04]

They're not profitable. Show me that pudding.

[pitts77h]

Yes, we know. It's in the audited filings.

RMH hasn't lost a dime for me and many others

Rhino Marketing they receive 250,000 shares per month restricted and $8000.00 per month fee.

The Company issued 17,275,000 shares of common stock to various individuals who performed services for the Company during the year.

Warrants of 18,500,000, issued to a note holder as a part of a convertible debt agreement, were exercised during 2015 on a cashless basis.

Various individuals purchased 11,223,330 shares of common stock during the year for gross proceeds of $244,316 (i.e. 0.02 cents a share)

During the year ended June 30, 2015, noteholders converted $115,741 of principal into 115,740,710 shares of common stock (i.e. 0.001 cents per share)

the Company exchanged $1,107,607 of the principal balance of a convertible note payable and accrued interest for same number of newly created preferred C shares. Each Series C preferred share can be converted to 50 shares of common stock (i.e. 0.02 cents a share).

On February 2, 2015 the Company entered into a convertible notes with an individual for $165,000 (with a $5,000 original issue discount). The note matured on May 2, 2015 which was extended to August 2, 2015, bears interest at 12% per annum and is convertible in whole or in part at a conversion price per share equal to the lesser of $.001 per share, or at an 80% discount to the average of the five lowest bid prices during the thirty trading days prior to the date of the conversion notice.