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pitts77h

07/23/16 1:10 PM

#74392 RE: Pugilista #74391

Too bad those pesky auditors didn't "get it."

I guess all that accounting training, experience and knowledge got in the way of their seeing the beauty of Jerry's grand design.

However, I suggest you consider the difference between giving away samples and stealing the store. The accountants sure did:

The Company has a shareholders’ deficit of $11,177,357 and an accumulated deficit of $19,204,108 at June 30, 2015,and has generated operating losses since inception. These actors,among others, raise substantial doubt about the ability of the Company to continue as a going concern.

This next 10K has to be audited too, right? If Jerry's going to keep up the pretense of becoming an SEC filer and switching OTC tiers, that is. Do you think it will be?

oilsleuth

07/23/16 6:58 PM

#74402 RE: Pugilista #74391

Selectively edited to exclude the post's main point:

The question...does RMHB have the cash flow to survive?

They look to be struggling with great hopes being placed on the "uplist" resulting in substantial funding. On results to date that is not a given.