Sam as well as all of we investors here:
I have spoken with legal regarding this as well as researching this myself:
What I'm posting has been extracted from OTCmarkets PDF file which I'll post a link at the end of this for verification
Phase 1 --
2.3 Standards for Continued Eligibility --
Bid Price. Maintain proprietary priced quotations published by a Market Maker in OTC Link with a minimum closing bid price of $0.01 per share on at least one of the prior thirty consecutive calendar days.
Which will be a moot point once RMHB releases via filings and PR's news which we all await.
If that should fail it moves to phase 2 --
4.1 Removal of OTCQB Companies for Failure to Meet Requirements
b. Bid Price Deficiency. Companies are granted a cure period of 90 calendar days for failure to maintain the minimum bid price under Section 2.3(2). In the event that the minimum closing bid price for the Company’s common stock falls below $0.01 per share for 30 consecutive days, a grace period of 90 calendar days to regain compliance shall begin, during which the minimum closing bid price for the Company’s common stock must be $0.01 or greater for ten consecutive trading days. In the event that the Company’s closing bid price falls below $0.001 at any time for five consecutive trading days, the Company will be immediately removed from OTCQB
Bottom line at worst RMHB has till April to hold above a penny 10 consecutive trading days.
With pending news all await this should all be quashed by the end of this year/month with our new team.
Hope this helps clear up that picture for all - No goom and doom as others would like you to believe and talk you out of your shares by years end
Rock on RMHB