Thoughts from the shareholder's meeting: nice afternoon at
Thoughts from the shareholder's meeting: nice afternoon at Gilley's Dallas. Food was good and it was interesting to meet some fellow posters. Met Jerry and Michael Welch. Impressed with Welch running the show. He seems organized and professional. Here are some highlights:
- no appearance from Ms. Li. When asked about the progress of the LOI, Jerry danced around alluding that discussions are still in progress but , in Jerry's way he gave the audience a wink saying great things are going to happen. I think he can't say too much here. My impression is something is going to happen but we just need to wait.
- Fred Dryer spoke about his past health pursuits and how the water and beverages are consistent with his viewpoint. He shared how popular his TV show was in China leading you to believe he would help market drinks there.
- No results and no one asked about them.
- Discussed how arduous the uplifting process was. But stated it was a major stepping stone with a national exchange next.
- spent a lot of time on the water. Met all the players responsible for bringing the water to RMHB. Met tribal members and there is now a water expert working with the company. He spent a lotf time discussing how the water was better than competitors. He was responsible for the water at Campbell's soup and has 35 years of experience.
- for the energy drinks, the most impressive was a broker singed up to market the TX market. Lisa from a broker company discussed how many buyers of large retail companies are in TX and the goal is to leverage those connections for distribution. The stateside agreement was pushed too and Jerry thinks the so cal area will be huge. Not much else on drinks as water took up more time.
- left when Hillbilly Vegas started playing because wife recovering from concussion.
Overall it was typical. General information with hope about improving sales. 2017 will be a make it/ break it year. I walked away confident of my investment and I will keep my shares. No earth shattering news but it was more business type oriented which makes me feel the company is maturing. Michael Welch seems like he is the one that will guide the company to success leveraging Jerry's ideas.
Enjoy
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