The Voice of Realism here. below are all my op
Post# of 75011
below are all my opinions, but from my usual realistic point of view:
RMHB
the Good:
1-Great Drinks
2-Large potential market
3-A growing Niche-Hemp
4-Potential large water product
5-A growing MGMT team with connections
6-Other potential products
7-A catchy theme song by Hillbilly Vegas(don't underestimate this)
8-uplisting (dont overestimate this)
9-passionate investors
10-Great Drinks (it needs to be repeated)[
The Challenges
1-most startups fail.
2-financing
3-growing the product placement
4-growing the product distribution lines
5-getting shelf space in crowded beverage markets.
6-using dilution for financing
7-Some Past history of MGMT
8-Some forward PR's that didnt happen as planned
9-lawsuits
10-Tough initial Sales $ and potentially weak 10k/q reports for awhile
So that is my opinion. No fluff, no Bash. Saying it as I see it.
A couple of Key things to consider:
-We have a ton of potential but limited sales-its all about the sales
-need big box and big chains
-financing needs to come from non dilutive sources.
-Dont over estimate uplisting. It will happen but its not the Holy Grail. It is a positive step. Sales is everything.