Via grok: Australian entrepreneur Steve Baxter
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Posted On: 11/27/2025 12:08:06 PM
Via grok:
Australian entrepreneur Steve Baxter provided multiple convertible loans to Rocky Mountain High Brands, Inc. (OTC: RMHB), a U.S.-based company specializing in hemp-infused beverages and snacks. These loans, documented in the company’s 2022 financial filings, included:
• $50,000 on December 14, 2021, due June 14, 2022, convertible at $0.0075 per share.
• $52,500 on December 27, 2021, due December 27, 2022, convertible at $0.0075 per share.
• $50,000 on March 23, 2022, due December 31, 2022, convertible at $0.0075 per share.
• $100,000 on April 15, 2022, due April 30, 2023, convertible at $0.0075 per share.
• $50,000 on May 5, 2022 (additional details align with the pattern of short-term convertible debt).
These transactions appear in RMHB’s OTC Markets filings for the fiscal year ended December 31, 2022, where Baxter is explicitly named as the lender. No public records indicate further loans beyond 2022, and his involvement seems limited to these debt financings rather than equity investments. Baxter, known for his tech startup investments in Australia (e.g., via Transition Level Investments), has not publicly commented on these U.S. deals, which align with RMHB’s broader efforts to secure short-term capital during its turnaround phase.
Australian entrepreneur Steve Baxter provided multiple convertible loans to Rocky Mountain High Brands, Inc. (OTC: RMHB), a U.S.-based company specializing in hemp-infused beverages and snacks. These loans, documented in the company’s 2022 financial filings, included:
• $50,000 on December 14, 2021, due June 14, 2022, convertible at $0.0075 per share.
• $52,500 on December 27, 2021, due December 27, 2022, convertible at $0.0075 per share.
• $50,000 on March 23, 2022, due December 31, 2022, convertible at $0.0075 per share.
• $100,000 on April 15, 2022, due April 30, 2023, convertible at $0.0075 per share.
• $50,000 on May 5, 2022 (additional details align with the pattern of short-term convertible debt).
These transactions appear in RMHB’s OTC Markets filings for the fiscal year ended December 31, 2022, where Baxter is explicitly named as the lender. No public records indicate further loans beyond 2022, and his involvement seems limited to these debt financings rather than equity investments. Baxter, known for his tech startup investments in Australia (e.g., via Transition Level Investments), has not publicly commented on these U.S. deals, which align with RMHB’s broader efforts to secure short-term capital during its turnaround phase.
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