Very good analysis /summary quick_wit, but IMO you are painting what could be the worst case scenario.
Again, the S1 does state:
"Our registration of the shares of common stock covered by this prospectus does NOT mean that the selling stockholder will offer or sell any of such shares of common stock. The selling stockholder may sell the shares of common stock covered by this prospectus in a number of different ways and at varying prices. For additional information on the possible methods of sale that may be used by the selling stockholders, you should refer to the section of this prospectus entitled “Plan of Distribution”.
I also look at it this way, the recent professional hiring of both John Blackington as its Chief Commercialization Officer, and Michelle Krebsbach as Director of Marketing shows the seriousness of getting the products to market as quick as possible. These moves give GHS's more confidence that RMHB will be promptly executing their business plan with true expertise, which then would be to their advantage to wait for the fruits of their investment to show up in the PPS. If like you say GHS cashes in/sells stock once received, it is like they would be cutting their own throat diluting. With success, both RMHB and GHS will be winners, and GHS can then get $$ incrementally selling at discretion at a higher pps therefore liquidating far less shares for the money they need.
With any investment in a startup there are these risks, of course! With real experts getting into place, it tips the scale in our favor IMO that they will get there successfully. With Kevin H. and Gerry D. still as consultants with Mike W., RMHB execution success chances are certainly higher, than without them.
Best of luck to us all. 2018 will hopefully be our year it really turns around.
Again, the S1 does state:
"Our registration of the shares of common stock covered by this prospectus does NOT mean that the selling stockholder will offer or sell any of such shares of common stock. The selling stockholder may sell the shares of common stock covered by this prospectus in a number of different ways and at varying prices. For additional information on the possible methods of sale that may be used by the selling stockholders, you should refer to the section of this prospectus entitled “Plan of Distribution”.
I also look at it this way, the recent professional hiring of both John Blackington as its Chief Commercialization Officer, and Michelle Krebsbach as Director of Marketing shows the seriousness of getting the products to market as quick as possible. These moves give GHS's more confidence that RMHB will be promptly executing their business plan with true expertise, which then would be to their advantage to wait for the fruits of their investment to show up in the PPS. If like you say GHS cashes in/sells stock once received, it is like they would be cutting their own throat diluting. With success, both RMHB and GHS will be winners, and GHS can then get $$ incrementally selling at discretion at a higher pps therefore liquidating far less shares for the money they need.
With any investment in a startup there are these risks, of course! With real experts getting into place, it tips the scale in our favor IMO that they will get there successfully. With Kevin H. and Gerry D. still as consultants with Mike W., RMHB execution success chances are certainly higher, than without them.
Best of luck to us all. 2018 will hopefully be our year it really turns around.
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