Replies to post #7011 on Rocky Mountain High Brands Inc (RMHB)

[jerseyfish]

Listed below is the basis of the agreement between Bergheim And RTXB. RTXB has renovated a plant and will be doing its own BBQ products. With expansion plans in mind It might require both sited to provide products to keep up with the anticipated demand.


RTXB executed a co-packing agreement with Bergheim Texas BBQ ("Bergheim") to do the following:

1. Provide smoked meats for RTXB's 1824 Texas Best Barbecue Restaurants
2. Act as a fulfillment house for RTXB's website smoked meat sales
3. Fill any other sales orders generated directly or indirectly by RTXB or its subsidiaries.

Under the agreement, Bergheim delivered to RTXB all recipes, processes and know-how to duplicate the award-winning smoked meat products that Bergheim currently produces. The co-packing agreement is for a term of 15 years.

[FedUpToHere]

You can try to spin it any way you like -- the bottom line is RTXB has nothing and is piggybacking someone else's product. They are nothing more than an order taker jacking prices and taking a cut as the customer is passed off to the real company doing the fulfillment. Which means that it's not RTXB that should be raved about here -- rather the actual provider of the product.

This all begs the question -- why is a stinky pinky shell needed for such an operation? Oh, right. I know the answer to this -- cause the "BBQ" isn't the real product being sold here.