Replies to post #84215 on Rocky Mountain High Brands Inc (RMHB)

[NYKnuckleballer]

Which begs the question, where's the value, if any?

Is it in the beverage business or the real estate?

The beverage business is worth zero today; actually less than zero, more like negative $25M. The brand is a zero, too IMO.

The real estate was a distressed sale in 2011 for ~$2.5M. It's still worth zero as a hotel but residential may have some value. How much I don't know but perhaps that's why they have Win Morrison on board. The more I look into this stock, the more it feels like a reverse merger.

Given the size of the site (203.06 acres), they can do both uses. Below are the aerial measurements of "Buckingham Palace". It's basically an acre under a roof. Google aerial below:





"Buckingham Palace" can be retrofitted to bottling use (assuming a zoning variance is applied for and granted) fairly easily I would think. They don't need 200+ acres for a bottling plant. This could easily be split off, especially with frontages on three different roads. I based this on Leading Brands and their recent sale of their former bottling plant.

Link (basically 50K footprint):
http://edmontonjournal.com/business/local-business/vancouver-firm-selling-edmonton-bottling-plant

Advertising for post-bottling rental. They basically ripped all the user-specific attributes (i.e., the bottling equipment) out of the building and sold it as a shell. Rental PDF link below:
http://yorkrealty.ca/wp-content/uploads/2017/05/NEW_4104-99st_v5.pdf

[Altitrade Partners]

So much for Lily Li blowing smoke up everybody's backside. Thanks for all the due diligence, NJM. Much appreciated by those of us who suspected that this is a shell game. Shareholders are being played like a finely-tuned piano.

The fact that she would lie about converting the property into a bottling plant, when zoning regulations prohibit such use, says volumes about her integrity and whether she can be trusted.

How Gerry David and Kevin Harrington managed to get involved with such an unscrupulous person is almost beyond our belief.

[oilsleuth]

Great DD. One fact is worth a thousand opinions.

I guess they could have a rezoning application underway but it all looks rather pie in the sky. Any future bottling plant in the Catskills would be poorly located for doing China business. IMO the best way to try to sell Eagle Spirit water to China would be boxed water dispatched from the west coast.

[I-Glow]

Excellent real DD! Thanks