Replies to post #76423 on Rocky Mountain High Brands Inc (RMHB)

[Pugilista]

Excellent jersey. Can't wait To update the " never gonna happen " list!

[I-Glow]

How many times have they filed and then withdrawn - I see they withdrew once and this is the 7th amended Form 10. How long before Grisaffi withdraws this Form 10?

From the Form 10:

an accumulated deficit of $16,878,382 at June 30, 2016, and has generated operating losses since inception.

Almost $17 million in accumulated deficit since the bankruptcy - and Grisaffi and has never produced a profitable quarter.

The SEC loves this stuff:

As of  August  12,  2016,  members  of  our  management  team  beneficially  own  approximately  26%  of  our  outstanding  common  stock  and  all  1,000,000
outstanding  shares  of  our  preferred  series  A  stock,  each  of  which  is  convertible  into  100  shares  of  common  stock  and  votes  400:1  preferred  stock  to common stock on an as converted basis.  As such, management owns approximately 83% of our voting power and controls the Company.  As a result,
management has the ability to control substantially all matters submitted to our stockholders for approval including:
• Election of our board of directors; • Removal of any of our directors; • Amendment of our articles of incorporation or bylaws; and
• Adoption of measures that could delay or prevent a change in control or impede a merger, takeover or other business combination involving
us.

Shareholders have to sit and watch what Grisaffi does they don't have any input.

IG