A. It's good having institutional ownership develo
Post# of 75001
RMHB's otc stats:
Market Value $70,727,692 a/o Jun 02, 2017
Author Shares 800,000,000 a/o Oct 04, 2016
Outstdg Shares 784,991,029 a/o May 14,2017
Float 556,293,290
Shareholders of Record 285 a/o Mar 02, 2017
Institutional Ownership .02%
Consumer goods brand development Company
Employees- 10
Sector - services
"What is a "Floating Stock"
The number of shares available for trading of a particular profit stock. Floating stock is calculated by subtracting closely-held shares & restricted stock from a firm's total outstanding shares. ... Also known as share float or simply “float”.
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A stock with a small float will generally be more volatile than a stock with a large float, apart from having limited liquidity & wider bid-ask spread. Because of these issues, institutional investors seldom invest in low-float stocks.
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An institutional investor is a nonbank person or organization that trades securities in large enough share quantities or dollar amounts that it qualifies for preferential treatment & lower commissions. Examples of institutional investors include pension funds & life insurance companies." (source Investopedia)
Recent announcements introducing new products while increasing distribution channels suggests increased production runs eminent directly influencing volume for added revenue.
(RMHB's at complex growth strategy)
There's also pending company structure consolidation bearing weight on focused sales considering 10 employees listed while individuals times limited, shuffling beyond required duties. Undisclosed details before merger knowing Lily Li's LSW Holdings vested financially along with Gerry David & Kevin Harrington & Micheal Welch at the helm provides solace understanding others interest reputations of winning having their network with industry associations is significant & moving right along.
Looking forward to Futures having surprise announcements.
CarryOn Bravely & May the Spirit be with you!
Z.