Ok all - Was great to read this PR that has finally been released. I had my
annual check-up at VA this morning and just got home an hr ago and catching up.
I've spoken with Corp. for a couple min. just a bit ago as they were soon convening for a meeting. Will have a lengthier chat with them later in day and as always will add anything I'm not covering now.
First off I've forged a great bond with Company and appreciate all they can help me with and I've always shared same with all here. I've never said to buy or sell but rather post what can be gleaned for myself and share that with fellow posters here. Give yourselves some credit for belief with this Management team. As we can all clearly see now there's been a hell of a lot of work going on in background that we don't see on a day to day basis.
I'll take these factual result's based news over any fluff we used to get prior. Case in point is Michelle's HEMPd registration.We used to get that type news as a fluff post. With today's release it now has a meaning with substance. BTW many other nic's have been registered as well for future use.
This PR release today was the release they planned on releasing Last Weds then delayed it. The reason for delay is they were down to the wire with the S1 filing that had to be completed by Friday else would of had to resubmit and start over all again. Happy to say it's been approved in time with comments submitted. I believe I got it correct the reason for down to the wire was that commenting was specific to hemp but now has CBD's included for share usage. I haven't seen a PR released regarding this but since it's been approved I can legally have knowledge and talk about this.
We've known all along the S1 is for a shelf reg of 250 mm shares. This will be used judiciously Only selling needed shares for operations till revenue stream's come home to roost. AS I'm hearing it we have more news ahead and hopefully shares sold will happen around a nickel. GHS is now obligated to buy shares as we need revenue. So at a Nickel we allocate XXX shares to GHS. With their discount RMHB will receive 4 cents. I've heard with prior JG was funding via shares and co was only receiving 1/10th of a cent. Also with the shelf we now have a "Cash Kitty" where if a viable company becomes available for purchase we'll be able to fund the purchase
in house and Not have to borrow.
I've stated from the 1st day I ever posted here this was a min of a 36 month entry for me and I'd base my decision to remain or move on after that window. After last years setback - They are still on my clock for another 12 months - Only then will I determine my/family/ friends relationship as an investor with RMHB. After today's news I sure know which way I'm leaning
Wish all the best with each's decision - whether to exit - get even - sell after a big pop - stay for potential uplisting - or an offer for a buyout or
just keep adding if they're climbing.
Proud of our New Dedicated Team and trust the process
Rock on RMHB and Get HEMP'd
Dadon_111
annual check-up at VA this morning and just got home an hr ago and catching up.
I've spoken with Corp. for a couple min. just a bit ago as they were soon convening for a meeting. Will have a lengthier chat with them later in day and as always will add anything I'm not covering now.
First off I've forged a great bond with Company and appreciate all they can help me with and I've always shared same with all here. I've never said to buy or sell but rather post what can be gleaned for myself and share that with fellow posters here. Give yourselves some credit for belief with this Management team. As we can all clearly see now there's been a hell of a lot of work going on in background that we don't see on a day to day basis.
I'll take these factual result's based news over any fluff we used to get prior. Case in point is Michelle's HEMPd registration.We used to get that type news as a fluff post. With today's release it now has a meaning with substance. BTW many other nic's have been registered as well for future use.
This PR release today was the release they planned on releasing Last Weds then delayed it. The reason for delay is they were down to the wire with the S1 filing that had to be completed by Friday else would of had to resubmit and start over all again. Happy to say it's been approved in time with comments submitted. I believe I got it correct the reason for down to the wire was that commenting was specific to hemp but now has CBD's included for share usage. I haven't seen a PR released regarding this but since it's been approved I can legally have knowledge and talk about this.
We've known all along the S1 is for a shelf reg of 250 mm shares. This will be used judiciously Only selling needed shares for operations till revenue stream's come home to roost. AS I'm hearing it we have more news ahead and hopefully shares sold will happen around a nickel. GHS is now obligated to buy shares as we need revenue. So at a Nickel we allocate XXX shares to GHS. With their discount RMHB will receive 4 cents. I've heard with prior JG was funding via shares and co was only receiving 1/10th of a cent. Also with the shelf we now have a "Cash Kitty" where if a viable company becomes available for purchase we'll be able to fund the purchase
in house and Not have to borrow.
I've stated from the 1st day I ever posted here this was a min of a 36 month entry for me and I'd base my decision to remain or move on after that window. After last years setback - They are still on my clock for another 12 months - Only then will I determine my/family/ friends relationship as an investor with RMHB. After today's news I sure know which way I'm leaning
Wish all the best with each's decision - whether to exit - get even - sell after a big pop - stay for potential uplisting - or an offer for a buyout or
just keep adding if they're climbing.
Proud of our New Dedicated Team and trust the process
Rock on RMHB and Get HEMP'd
Dadon_111
30
