RMHB - Let me see if I can put some clarity in wha
Post# of 63692
Posted On: 12/04/2015 12:46:06 PM
RMHB - Let me see if I can put some clarity in what is holding up the rise in stock price.
The company had a big Canadian order and went to the can manufacturer to produce the cans for the order. At that time 7 up came in with a big order and the manufacturer did their order first setting back our order by some 6 weeks. The quarterly report did not reflect the $500,000 income because the accountant said they can't report till the product was delivered and it will be reflected in the next quarter along with any additional revenue. That means that the next quarter will be fantastic.
There are a number of things in process that will make this company expand in size.
The water partnership with the Indians
The new 16 oz cans with increased Hemp and caffeine for the energy drinks.
The new drinks are well know to be the best tasting in the industry.
Least we forget this is a new venture and there will be road block thrown in their path that must be addressed. Its all part of a growing company and management is dealing with it.
Once the company up lists we will be exposed to big money investors.
We wait for the audited financials to be released by the accounting firm that will start the up listing procedure. That should take about 60 days fro the release date.
SO HERE IS THAT WORD AGAIN....PATIENCE!
The company had a big Canadian order and went to the can manufacturer to produce the cans for the order. At that time 7 up came in with a big order and the manufacturer did their order first setting back our order by some 6 weeks. The quarterly report did not reflect the $500,000 income because the accountant said they can't report till the product was delivered and it will be reflected in the next quarter along with any additional revenue. That means that the next quarter will be fantastic.
There are a number of things in process that will make this company expand in size.
The water partnership with the Indians
The new 16 oz cans with increased Hemp and caffeine for the energy drinks.
The new drinks are well know to be the best tasting in the industry.
Least we forget this is a new venture and there will be road block thrown in their path that must be addressed. Its all part of a growing company and management is dealing with it.
Once the company up lists we will be exposed to big money investors.
We wait for the audited financials to be released by the accounting firm that will start the up listing procedure. That should take about 60 days fro the release date.
SO HERE IS THAT WORD AGAIN....PATIENCE!
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