The new board members are being paid $112,000 cash each year for each of them. I suspect at the present moment, this cash is coming right out of Mrs. Li's pocket. This is part of the cash infusion that we heard about. I also suspect that Mrs. Li would rather pay these men, and all employees of RMHB out of the revenue stream, rather than her own pocket. She really has shown that she has confidence in the company, and continues to put "more skin in the game". Though it might not happen as quickly as Jerry first thought, and I had hoped, it is clear now that it will happen, and happen in a big way. I do not look for a great financial report this Monday, as Mrs. Li only took over the company with less than a month left in the quarter. But I also think that once this report is out of the way, we will begin to major announcements coming from the company. The credentials of the new board members are amazing, and frankly, they are worth, in the business world, much more then they are being paid. I believe it is their confidence in the stock options that have been granted to them, that makes up the difference. Truly a resounding vote of confidence in our company.
(14)
(1)
Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links