Wow, now we know the real deal about LSW Holdings
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Posted On: 10/17/2017 9:22:32 AM
Wow, now we know the real deal about LSW Holdings falling through for funding the company.
"Our current management team was led to believe that when the former chairman sold his controlling interest to LSW Holdings, LLC (" LSW"
on February 28, 2017 that LSW was contractually obligated to fund the Company to move forward with the Company's expansion plans. That funding did not occur. After the former chairman's departure on June 30, 2017, we obtained an executed copy of his stock purchase agreement and determined that it contained no such requirement."
Great that they persisted getting the financing with now GHS. That effort alone, huge, tells you that they must have a great business turnaround plan, awesome!
This is good: "Our management team worked closely with GHS, Rob and David to put together a transaction and capital plan that worked for our Company, both now and in the future. It will provide us the capital to execute the critical turnaround strategy for Rocky Mountain High Brands. We will be sharing more specific plans very soon."
Onward now! $RMHB
"Our current management team was led to believe that when the former chairman sold his controlling interest to LSW Holdings, LLC (" LSW"
on February 28, 2017 that LSW was contractually obligated to fund the Company to move forward with the Company's expansion plans. That funding did not occur. After the former chairman's departure on June 30, 2017, we obtained an executed copy of his stock purchase agreement and determined that it contained no such requirement." Great that they persisted getting the financing with now GHS. That effort alone, huge, tells you that they must have a great business turnaround plan, awesome!
This is good: "Our management team worked closely with GHS, Rob and David to put together a transaction and capital plan that worked for our Company, both now and in the future. It will provide us the capital to execute the critical turnaround strategy for Rocky Mountain High Brands. We will be sharing more specific plans very soon."
Onward now! $RMHB
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