You won't have to go back far on the board to see
Post# of 75350
(Total Views: 825)
Posted On: 09/15/2021 12:58:16 PM
Re: Borrego bill #69515
You won't have to go back far on the board to see the answers to your questions. This is a temporary pain in the ass due to a rare and sweeping change by the SEC that caught many companies at a bad time, but NOT the downfall of RMHB. They will continue to release quarterly reports, but the float or "tradable shares" is low at about 151 million, and in reality it's much lower than that since a good deal of those shares are "locked up" by longs who are not selling their shares despite the best bullshit the bashholes can come up with.
Nevertheless, due to these temporary restrictions, it's very easy to walk the price down just by selling small blocks of shares to the longs and traders that can still buy. Some brokerage houses are still allowing buys by average traders/investors. Also able to buy are "expert" traders like market makers, toxic hedge fund managers, etc.. Longs still trying to average down and any others still able to buy are more than happy to scoop up cheap shares, and most of them obviously are not slapping the ask price, they're holding out for their low bid prices.
I say "temporary" restrictions because RMHB is cranking out product big time, meaning strong revenue growth, and the accounting firm is still working to move them along with their reporting. They WILL return to the fully audited, current reporting status they previously had. As for a press release or an 8-k with a shareholder update, I have no idea.
Hopefully they they share something fairly soon because the worst thing any long can do is listen to the toxic turds and panic sell. They want your shares and they want them cheap, as well as to see the pps as low as they can help it go during this period where few can buy. That's why they're here. If anybody thinks they're back to help the longs here, they're sadly mistaken. They do NOTHING from kindness and EVERYTHING from greed.
Many of us have rolled the dice with companies we knew nothing about, like pure slot machine plays. We've won some and lost we've some. Those who claim they've only won on such plays are usually liars. Anyhow, RMHB is NOT one of those companies. They've had some difficult challenges, but they've gotten past them. They'll get past this too. This SEC change is not going to stop them. They're working on getting fully current now that they've satisfied the SEC with the bottling equipment info, so it's on to reporting as usual, and the revenue growth that the remaining reports bring to light will be a beautiful sight to see.
Nevertheless, due to these temporary restrictions, it's very easy to walk the price down just by selling small blocks of shares to the longs and traders that can still buy. Some brokerage houses are still allowing buys by average traders/investors. Also able to buy are "expert" traders like market makers, toxic hedge fund managers, etc.. Longs still trying to average down and any others still able to buy are more than happy to scoop up cheap shares, and most of them obviously are not slapping the ask price, they're holding out for their low bid prices.
I say "temporary" restrictions because RMHB is cranking out product big time, meaning strong revenue growth, and the accounting firm is still working to move them along with their reporting. They WILL return to the fully audited, current reporting status they previously had. As for a press release or an 8-k with a shareholder update, I have no idea.
Hopefully they they share something fairly soon because the worst thing any long can do is listen to the toxic turds and panic sell. They want your shares and they want them cheap, as well as to see the pps as low as they can help it go during this period where few can buy. That's why they're here. If anybody thinks they're back to help the longs here, they're sadly mistaken. They do NOTHING from kindness and EVERYTHING from greed.
Many of us have rolled the dice with companies we knew nothing about, like pure slot machine plays. We've won some and lost we've some. Those who claim they've only won on such plays are usually liars. Anyhow, RMHB is NOT one of those companies. They've had some difficult challenges, but they've gotten past them. They'll get past this too. This SEC change is not going to stop them. They're working on getting fully current now that they've satisfied the SEC with the bottling equipment info, so it's on to reporting as usual, and the revenue growth that the remaining reports bring to light will be a beautiful sight to see.
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