Well said buddy! We'll see financials soon anyhow,
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Posted On: 11/19/2020 8:35:12 AM
Well said buddy! We'll see financials soon anyhow, and if we lose a few weak hands before then, so be it. I have a feeling we'll pick up many more investors than we lose, and bigger investors, as this Houston based company looks to maximize returns from the RMHB stock that they accepted for payment on the new revenue-boosting equipment.
It's a well established company with a serious vested interest in RMHB shareholder value. I'm sure they'll want to help in any way possible to accelerate RMHB's move off the OTC and onto a big exchange. A step at a time. First they get current. It takes money to make money.
The challenge is tougher when you don't have a rich parent company to pave the way to your success, but that's part of the beauty of it. When the gold starts pouring in, shareholder value can bring much larger returns than would ever be possible possible if RMHB had been bought out early on and become a wholly owned subsidiary of some large company.
They might have grown faster, but your upside usually goes up in smoke since most large companies "absorb" their acquisitions as opposed to leaving operations, brands and share structures alone.
We're definitely heading in the right direction, and momentum is building. Future 10-Q's will show that revenue streams are growing as part of this momentum, and they'll swing back around to on time as the 3rd quarter and successive reports are handled solely by the new accounting firm.
This is exactly what true longs need to see. Strong returns are all but guaranteed IMHO. For some, including some of the management team, getting to profitability may have taken longer than hoped, but not longer than it takes for most successful companies. The question now is, how big will this get as they become profitable and continue growing.
It's a well established company with a serious vested interest in RMHB shareholder value. I'm sure they'll want to help in any way possible to accelerate RMHB's move off the OTC and onto a big exchange. A step at a time. First they get current. It takes money to make money.
The challenge is tougher when you don't have a rich parent company to pave the way to your success, but that's part of the beauty of it. When the gold starts pouring in, shareholder value can bring much larger returns than would ever be possible possible if RMHB had been bought out early on and become a wholly owned subsidiary of some large company.
They might have grown faster, but your upside usually goes up in smoke since most large companies "absorb" their acquisitions as opposed to leaving operations, brands and share structures alone.
We're definitely heading in the right direction, and momentum is building. Future 10-Q's will show that revenue streams are growing as part of this momentum, and they'll swing back around to on time as the 3rd quarter and successive reports are handled solely by the new accounting firm.
This is exactly what true longs need to see. Strong returns are all but guaranteed IMHO. For some, including some of the management team, getting to profitability may have taken longer than hoped, but not longer than it takes for most successful companies. The question now is, how big will this get as they become profitable and continue growing.
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