Great news from the audited financials. Nothi
Post# of 75357
Posted On: 12/26/2015 12:55:56 PM
Great news from the audited financials.
Nothing in there that we haven't seen before. Someone earlier mentioned how paritz gave their take on the company. Partiz wouldn't give them some A+ rating by the way. RMHB is a startup company and there's some debt, so partiz won't be like "Yeah invest in them it's a great company!". They just don't know what the demand will be like, etc. They have to give a very cautious rating. They aren't a big hedge fund, just giving their take on what they see out of the balance sheet. Is there an increase in debt, yes. Their take? Yeah, be cautious because that's all we see. That's pretty much it.
It's the next step to get uplisted. That is the positive news.
99% of the investors are underwater with this stock and it wouldn't be pointless to sell right now. You going to sell 10K worth of stock for 1K? You might as well just say goodbye to the 10K or be patient for a turnaround.
This year is either going to make it or break it. There's a lot of dillution from the report and debt. Unless these new runs make significant revenue, partiz said its likely unsubstainable and they will have to file bankruptcy. This is what we got ourselves into though. Either you hit a homerun or strike out. Please understand that.
Nothing in there that we haven't seen before. Someone earlier mentioned how paritz gave their take on the company. Partiz wouldn't give them some A+ rating by the way. RMHB is a startup company and there's some debt, so partiz won't be like "Yeah invest in them it's a great company!". They just don't know what the demand will be like, etc. They have to give a very cautious rating. They aren't a big hedge fund, just giving their take on what they see out of the balance sheet. Is there an increase in debt, yes. Their take? Yeah, be cautious because that's all we see. That's pretty much it.
It's the next step to get uplisted. That is the positive news.
99% of the investors are underwater with this stock and it wouldn't be pointless to sell right now. You going to sell 10K worth of stock for 1K? You might as well just say goodbye to the 10K or be patient for a turnaround.
This year is either going to make it or break it. There's a lot of dillution from the report and debt. Unless these new runs make significant revenue, partiz said its likely unsubstainable and they will have to file bankruptcy. This is what we got ourselves into though. Either you hit a homerun or strike out. Please understand that.
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