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  4. Rocky Mountain High Brands, Inc. (RMHB) Message Board

NEWS OUT! Rocky Mountain High Brands, Inc. Anno

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Post# of 75350
(Total Views: 730)
Posted On: 05/13/2020 9:03:38 AM
Posted By: jettyjams
NEWS OUT!

Rocky Mountain High Brands, Inc. Announces Officer and Director Changes

DALLAS, May 13, 2020 (GLOBE NEWSWIRE) -- Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a healthy lifestyle Company specializing in high-quality health and wellness products, announced today the following changes to the Company's slate of Officers and Directors. David M. Seeberger has been named President and Chief Executive Officer of Rocky Mountain High Brands, Inc. Michael Welch remains Chairman of the Board and has been named Chief Operating Officer of the Company. Charles ("Chuck" Smith has been re-elected to the Board of Directors and will serve as President and Chief Executive Officer of the newly formed subsidiary, Rocky Mountain Productions, Inc.

Michael Welch, Chairman of the Board and Chief Operating Officer, stated, "With the acquisition of Raw Pharma, LLC ("Raw Pharma" and the growth of the Company into manufacturing, the Board of Directors felt that it was important to reallocate responsibilities to best address the Company's new opportunities. Mr. Seeberger was instrumental in successfully closing this acquisition and has a long history with the Company. I look forward to working with him in his new role."

David Seeberger, President and Chief Executive Officer, stated, "I look forward to taking on new challenges and continuing to work with Michael Welch, Chuck Smith, and the rest of our team. We are very pleased to have Chuck returning to the Company and are fortunate to have a strong, dedicated management team to capitalize on the Company's potential in both beverages and hand sanitizer."

Mr. Seeberger continued, "The hand sanitizer business is a three-prong business. The Company must establish a supply of bottles and caps at a reasonable cost available in a reasonable time frame, a supply of hand sanitizer gel, and a co-packing facility. The acquisition of Raw Pharma provides us with the co-packing facility. We are establishing relationships with strategic partners for a steady supply of both bottles and caps and hand sanitizer gel. With the demand in the marketplace, we are already creating a pipeline of opportunities to generate revenue from our facility."

Mr. Seeberger concluded, "As a result of the acquisition of Raw Pharma, we are renegotiating the Company's agreement with Eagle Processing & Distribution. We have started the process and will have an amended agreement soon."

The officer and director changes were announced publicly through a Form 8-K filing with the Securities and Exchange Commission on Tuesday May 12, 2020. To review the filing, please click on the following link:


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