I was quoted as saying yesterday it could be UP TO 18 days to see the new shares in your brokerage account. Today the number is 17 days. BUT, let me make it perfectly clear, if I haven't already, because there are so many of you guessing. It can still take 17 days for the process, BUT that is an OUTSIDE LIMIT and it should take only a few more days. Your broker has to submit OLD RMHB (still Rocky Mountain, the existing company) shares to the Company's Registrar who issues NEW stock certificates (SAME COMANY NAME) in an amount equal to one twentieth of the number of share received. When your broker gets the NEW shares, they will then change your holdings to one twentieth of the number of OLD shares of the same company, Rocky Mountain, that were in your account. But since the company HAS BEEN TRADING as RMHBD since 4/22, the new share will be valued at the current market price, which is already HIGHER than the Friday closing price of $.0053 X 20, or the $.1060 post split. The NEW shares will trade for approximately 20 days from the official split date (4/22) as RMHBD, and then will go back to trading as RMHB.
Nobody seems, in these posts, to be trying to sell their long positions. If anyone wants to buy/sell or trade, use RMHBD and check the box corporate split in process to satisfy their settlement requirements. And, if you JUST WANT TO CHECK THE CURRENT PRICE look up RMHBD.
Hope I cleared the water by explaining the process.
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Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links
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