Replies to post #89868 on Rocky Mountain High Brands Inc (RMHB)

[Ducati74]

Sorry, I see the acquisition name is "whey fit."

Anyway.....why not include revenue YTD. in the PR so investors can gather a cost benefit?

Cheers!

Ducati

[oilsleuth]

From the 8-K

The acquisition is documented by an Asset Purchase Agreement dated July 25, 2018 (the “APA”). Under the APA, we have acquired all assets of BFIT for a total purchase price of $230,000

$75K of that was satisfied by the issue of 7,462,687 shares at $0.01005 per share

The low price paid would indicate the acquisition has very small earnings and it is of little importance. Meanwhile add another 7.46 million shares to RMHB's ever growing outstanding share count.