(Total Views: 491)
Posted On: 05/30/2017 7:02:30 PM
Post# of 75360
The lowering of stock dilution makes it easier for a take over bid but I don't see that happening in the near future. A company looking to take over another looks at their profits and the potential of increased profits in the future. In the case of RMHB they are just starting out and laying the ground work for those events to happen. It could take years. With 950 million shares outstanding and a conversion of 100 for 1 preferred shares at a dollar per share offer the profits would have to be several hundreds of millions of dollars. I suspect that we will be on the NASDAQ first and this will make big investors interested and financial institutions come knock on our door to lend us money for expansion. By the time tat happens we could be a stand alone huge drink and health food company and put Coke and Pepsi to shame. We can only guess at this point but the fog will lift as time progresses and as it does so will the stock price climb. For the share holder I see nothing but great times ahead. Patience is required while the company grows.
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