Back from a nice weeks getaway - after reading thru many
Back from a nice weeks getaway - after reading thru many posts here here's my take
Regarding the LOI - One of 3 things will happen - It's accepted - It's rejected- or it's renegotiated with a new time-frame.
Regarding the stock regarding investors - Again one of 3 things will happen - One will buy/add - sell - or hold (buy includes owning to appreciate or buying short to sell lower)
Listing to the OTCQB board expecting it very soon - all this watching/ worrying by folks day to day is not healthy for one's health.
Same as watching this stock tic by tic - Those demanding they release info that suits their own needs - need to give it a rest. It's all being done somewhat in a timely fashion and that's very impressive for a start-up penny stock - Not sure if you've given valuation to the company but just gaining approval of that up-list is worth way more than they spent preparing and jumping thru every loophole the sec requires.
This is barely out of the incubation stage and have been pleased with the call scaling back of more new products but rather focusing on branding as well as gaining new distributorships which will equal more sales - more sales mean bigger production runs - which allow for for better scheduling run times as well as lowering costs of increased production runs. This is just my take but once RMHB announces it's 1st deal with a Bigbox - Nationwide 7/11 deal - I see share-price appreciation of a min of 2x + when that announcement comes and it will.
Are there daunting challenges ahead? Hell yes there is. That's why when one just glances at this stock their first inference - there's another 3 cent penny stock pos. I've peeled back enough layers of this onion to see a real risk /reward scenario and do trust management going forward.
RMHB is a work in Progress - not Perfection - If this doesn't suit your needs or time frame ( I've stated mine was (36/60 mos) suggest one looks elsewhere. As for longs don't ever bet the farm on any one thing - invest within one's own means as well as company's progress . Don't get caught up in keeping up with the Jones' via shares
Rock on RMHB
Dadon_111
10
Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links
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