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Rocky Mountain High Brands RMHB
(Total Views: 411)
Posted On: 01/03/2017 10:57:32 AM
Post# of 75357
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Posted By: Roger Wilco
There was an 8K filed in September about Mrs Li.. At the conclusion of the transaction there will likely be another filing announcing the completion.

http://www.otcmarkets.com/edgar/GetFilingHtml...D=11588374

ITEM 8.01 Other Information

On September 9, 2016, a Letter of Intent (LOI) was executed between Rocky Mountain High Brands, Inc.(RMHB or the Company), Jerry Grisaffi, Founder, Chairman of the Board, and RHMB Control Person through his ownership of 1,000,000 Shares of RMHB’s Series A Preferred Stock, and Lily Li or assigns (collectively “Li”).

The Letter of Intent grants Li a binding option to purchase 100% of the Series A Preferred Stock from Grisaffi. Further, the LOI specifies that Li understands that when exercising this option, Li will have to contribute a sufficient amount of capital to RMHB to fund the Company to move forward in the implementation of its expansion plans.

Li, RMHB and Grisaffi agreed upon a 30 day due diligence period for the potential acquisition.

Item 9.01 Financial Statements and Exhibits.














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