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oilsleuth

02/27/17 3:08 AM

#80756 RE: Dragnet #80755

Even so it's going on now for 6 months and there is still no signed, sealed and delivered Agreement. Jerry's day dreams aren't bankable except in the unfocused minds of the faithful.
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pitts77h

02/27/17 7:04 AM

#80758 RE: Dragnet #80755

The only thing that's "happening" is DELAY.

Here's the actual timeline. This BS has been going on since September, with no end in sight:

First, Jerry said the deal would close in early October:
https://www.sec.gov/Archives/edgar/data/1670869/000166357716000330/mainbody.htm

On September 9, 2016, the Company, its controlling shareholder, and an outside investor group executed a letter of intent granting the investor group the option to purchase 100% of the Company’s Series A Preferred Stock, which represents a controlling interest in the Company. The letter of intent includes a 30-day due diligence period. The acquisition is expected to close in early October 2016.

NOTHING HAPPENED. So, Jerry simply invented a new deadline:
https://www.sec.gov/Archives/edgar/data/1670869/000166357716000391/mainbody.htm

The acquisition is expected to close on or before December 31, 2016.

Well guess what? NOTHING HAPPENED. So, Jerry changed the date AGAIN:
https://globenewswire.com/news-release/2016/12/27/901791/0/en/Rocky-Mountain-High-Brands-RMHB-Appoints-International-Vice-President-to-Direct-2017-Asian-Market-Sales-Initiative.html

The appointment is part of a binding agreement between LSW Holdings LLC, Jerry Grisaffi and Rocky Mountain High Brands Inc. that will be completed on or before February 15, 2017. Terms of this binding agreement include the purchase of all the Series A Preferred Stock currently owned by company founder, Jerry Grisaffi. The agreement will assign the controlling block of Mr. Grisaffi’s shares to LSW Holdings LLC, which plans to infuse a significant amount of investment capital into the company funding future expansion plans. The assignment of the shares will occur on or before February 15, 2017.

Can anyone guess what happened? That's right! NOTHING HAPPENED!!! So... guess what Jerry did? THAT'S RIGHT AGAIN! He just invented a new date!!
https://globenewswire.com/news-release/2017/02/16/918099/0/en/Rocky-Mountain-High-Brands-Brings-Amazon-Fulfillment-of-Beverages-In-House.html

The transfer of the Series A Control Block from Mr. Grisaffi to LSW Holdings is scheduled to be completed by February 28, 2017

That's TOMORROW, btw.

Soooo the only real question is.. how many "didn't happen" events does that count for? I count 3 so far, and if Jerry doesn't close tomorrow that will be 4. How many delays do we give the guy before we can all agree it was just another Jerry Lie?