Rocky Mountain High Brands Inc (PK) (RMHB) Share Price

From the other board:

re. Tilray Brands THC drinks being introduced into the US

https://www.just-drinks.com/news/tilray-brands-launches-thc-drinks-in-us/?cf-view

"In California, emergency legislation proposed by Governor Gavin Newsom that bans the sale of hemp THC products in the state was passed this week. The ban affects hemp food, beverage and dietary products that have a detectable level of THC." (September 25, 2024)

The pothead State is not impressed.

From the other board:

The last time there was a prediction made of share buy backs it was followed by the 1:20 reverse split and the Outstanding Shares count has bloated post the split from less than 100 million to the present 900 million.

From the other board:

The long term plan is to become profitable and make good money and pay dividends. But that is dependant on first getting through the obviously serious problems that have required specialist advisers and consultants being brought in.

"The consultants have complete control of all funds received from sales revenue, loans and investment capital which will be used to fuel the path forward, growth and reduce current debt. Different decision makers have been put in place to ensure the Company and its subsidiaries are heading in the right direction in all matters relating to RMHB’s business operations, including operational efficiency, productivity, marketing, sales strategy and funding."

From the other board:

It's a shame about the woeful September Quarter results Adi, but looking on the bright side the Outstanding Shares count is still only 899,466,003.

Let's hope the specialists and consultants can get them out of the mess they are in.

Like another poster observed, we have been waiting so long and been so loyal we deserve to be well rewarded for our patience.

From the other board:

Sales have gone downhill with a vengeance:

March Quarter $659,820

June Quarter $466,041

September Quarter $108,246

The Company is in such a shambles they have had to bring in outside specialists and consultants to try to get in on track.

There is no real explanation of why it has all turned so sour.

Whatever happened to the $1 million a month sales? Whatever happened to the great CBD Life input? Whatever happened to being on the way to becoming a "world class" company?

Just a load of baloney about two high-volume production lines, lucrative new private labels, photos of cans in trucks, and this message board churning out airhead propaganda and censoring serious comment.

What a bunch of malarkey! What an all round fiasco!

"Eagle Spirit Land and Water Company and Rocky Mountain High Water Company, LLC were issued a case-and -desist order from the Bureau of Indian Affairs (BIA) on July 12, 2024. This is in violation of our current contract and the Company is in the process of coming to a resolution that is satisfactory to all parties."

Sales are going backwards:

March Quarter $659,820

June Quarter $466,041

September Quarter $108,246

From the other board:

Things will need to escalate positively in order for them to move to a higher exchange. At present they are in intensive care in the hands of specialists and consultants.

From the other board:

Actually the PR is remarkably up front that the company has not been performing well and extraordinary measures need to be taken to try to get things on track. The names of the consultants and turn-round specialists don't matter, the fact that they have been retained says it all.

It's hardly a vote of confidence in the management that a small and not particularly complex company cannot perform without having to resort to handing over its operations to some external hotshots to sort out. One wonders why cutting costs and boosting efficiency is so beyond their own capability. It should be bread and butter work for a competent management that is on top of the operations.

As for major revenue increases taking place in the first quarter of 2025 we've heard previous predictions of big quarterly revenues expected that were way out. The June Quarter results were a huge flop. They need to walk the talk and stop treating the shareholders like muppets (the ones who aren't dumbasses, that is).

From the other board:

Actually the PR is remarkably up front that the company has not been performing well and extraordinary measures need to be taken to try to get things on track. The names of the consultants and turn-round specialists don't matter, the fact that they have been retained says it all.

As for major revenue increases taking place in the first quarter of 2025 we've heard previous predictions of big quarterly revenues expected that were way out. The June Quarter was a huge flop. They need to walk the talk.

Wow, that announcement was $hortlived!

From the other board:

The company has been performing so badly turn-round specialists have been brought in to try to improve matters. They are out of cash (see the previous Quarterly) and need more funding ("investment capital") which may well result in further substantial dilution.

"The consultants have complete control of all funds received from sales revenue, loans and investment capital which will be used to fuel the path forward, growth and reduce current debt. Different decision makers have been put in place to ensure the Company and its subsidiaries are heading in the right direction in all matters relating to RMHB’s business operations, including operational efficiency, productivity, marketing, sales strategy and funding."

There it is in black and white. No reading between the lines is needed. Management has stuffed up and is looking to find a way out of the problem. It's as clear as the nose on your face. There is no sugar coating it with head-in-the-sand talk of "potential". The consultants are company doctors not some happyclappy cheer leaders.

From the other board:

They are broke and need to reduce debt. Very unlikely to obtain new loans and will be lucky if funds can be raised by share placements.

Wake up, stop fooling yourselves, the ambulance is headed full speed for the emergency ward.

From the other board:

Are you happy now marines? You got the news update you were whining for and it's a shocker.

The news release:

https://www.otcmarkets.com/stock/RMHB/news/Rocky-Mountain-High-Brands-Announces-Restructuring-Of-Management-And-Initiatives?id=458480

They have admitted the position is so bad they have appointed consultants and specialists to take over all facets of the business including production and financing.

From the other board:

What a load of rubbish. A higher share price comes about through a company's good developing performance and prospects, not some new investors dropping in out of the sky. The appropriate place for a general update will be the forthcoming September Quarter report. Any significant and important news should already have been reported progressively at the Company's own initiative. Management that conjures up some bland "news" in order to comfort a few whining bed-wetting shareholders cannot be taken seriously.

An interesting post on the other board (not by the irrepressible yukon pete) that has a very short life expectancy:

"Wow.. it’s been years of RMHB directors pilfering the public just to maintain their salaries. The end is near as they can’t even afford to maintain websites anymore. Complete lack of respect for any investors while A-Dik is still spewing garbage nonsense like the Dik he really is. Wake up dorks, RMHB is a failed venture that’s been propped up by known dum-ass clowns perpetrating fraudulent business practices till they finally get shut down not being able to keep their lights on. RMHB directors are low life crooks who need to be jailed as felons of society. Good riddens RMHB losers & A-Dik will soon rot in hell !"

From the other board:

What a lot of rubbish. A higher share price is not dependent on new investors coming in but instead reflects the company's performance and prospects. The appropriate place for an update is the forthcoming September Quarter report. Management that has to be prodded to provide "news" (to placate its whining idiot shareholders) is so piss weak as to be laughable and it cannot be taken seriously.

From the other board:

Charles Smith is COO/Chairman of the Board (15.86% of Common Stock)

David Seeberger is CEO/President/Board Member (4.22% of Common Stock)

The deletion of informative and fair comment posts is mainly the work of the one warped lowlife. At the end of the day I think most viewers realize what is going on and it doesn't reflect well on the Company. A good sound Company is not afraid of open discussion and scrutiny.

From the other board:

From the article you link to:

“The transdermal application of CBD led to a more pronounced reduction in sharp pain, according to the neuropathic pain scale."

So why put it in drinks which are randomly consumed by the general public at large? What has that got to do with applying CBD in some concentrated form (cream? oil?) to the skin?

Chill out cute1265, what the DEA decides about cannabinoids (especially THC) has little or no bearing on RMHB's beverages business. Your one-woman crusade is going nowhere.

Oil, I would have a much greater respect for the mods on the other board if they, instead of frantically deleting the info you post, would line-item address the numbers/comments posted. What possible positive conclusions does any investor/bystander obtain from quickly deleted factual observations?! If there truly is a pul$e over there, address the comments/numbers with a legit
response. But instead, 🦗🦗🦗🦗

From the other board:

A website need not be a direct sales point, it can well exist simply to advertise and inform about the Company and its activities. It's somewhat odd that RMHB doesn't have one. The last version they had of a website did just that before it unaccountably disappeared.

An excuse of not having a website in order to concentrate on bricks and mortar sales is sheer bunkum, of course.

From the other board:


Speaking of financial reports Adi, this summary of the June Quarter results has been posted here a number of times and has always been deleted. It did not show the company to be growing. Something sure smells fishy about the sleazy moderators. You might also notice the pps touched a new low of 0.0026 today. Hardly a good sign that it's on the way to becoming "world class" (an earlier pump of yours).


Some significant results from the amended 2024 June Quarter (unaudited):
https://www.otcmarkets.com/otcapi/company/fin...29/content

Sales $466,041 (March Quarter $659,820)

Cost of sales $94,024

Gross Profit/Loss $372,017

General and administrative expenses $525,500

Gain/(loss) from operations ($153,483)

Cash on hand Nil (with no cash equivalents)

Accounts receivable - net $372,204
Accounts payable and accrued expenses $3,196,661


"RMP is targeting revenue of over $1,300,000 per month by May or June 2024." Huh? Management is apparently asleep at the wheel as they haven't removed this earlier (hopelessly failed) prediction from the June Quarterly.

See p.26 for other instances where statements are made referring to activities well prior to the June Quarter. It seems that while the numbers have been appropriately changed the text has not been properly reviewed and updated before release. Such sloppiness is hardly indicative of a well run Company.

At June 30 there were no finished goods in Inventory.

For the six months ended June 30 2024 the Company had a Net loss from operations of $351,141

"Management’s strategic plans include the following:
• Pursuing additional capital raising opportunities (debt or equity)"
With 3 billion Authorized Shares (Outstanding Shares 899,466,003) more dilution can be anticipated?

They are still pursuing Jerry Grisaffi for the legal judgement against him but he doesn't seem too keen on paying up.

From the other board:

Now that cute1265 has revealed cbd acts as a mosquito repellent it would be best to soft pedal the cbd in the drinks. The public might not be too keen on beverages that contain an insecticide.

But the cloud could have a silver lining. Since cbd can knock out mozzies it would be a good idea if RMHB researched its effect on flies as well with a view to producing a pressure pack cbd spray to zap these pests. Joggers running on Rocket Energy could take a small can of the spray with them to ward off these nuisances. It would be a win-win synergy.

'Fish always gets the bum's rush treatment there, he is persona non grata like yukon pete.

Wow! ‘Fish got slapped off the hemp heap on the other board for LMFAO. Oh yes, ROTF also.

The poor fellow seems to be hallucinating.

Pathetic!

From the other board:

Yes that must be it, they are so busy with production they don't have any time to put up a website and do news releases. But running the drinks lines so hard could cause breakdowns so maybe they should ease up a little and grab an opportunity to let out some news.

Another aspect of going all in on production would be they don't have time to consider doing a reverse split. Even though BigOH has a NDA with the company he has still been able to slip us a heads up on that one.

Pretty nice $lide today. Very encouraging for a world class company.

Congrats on your name being given prominence on the other board by one of the resident masterminds there.

Yukon Pete pointed out to BigOH that Adi had proclaimed there would be no reverse split shortly before the last one happened but it didn't go down at all well.

Looks like another 1 for 20 reverse split is coming!!

Wow, and I always thought he was fair and balanced…. Lol 😂

From the other board:

vegasandre, the reason many investors have been here for a long time is they have been stuck with a dud and can't admit it. The 1:20 reverse split should have been a clue. The fascist mods shamelessly deleting out fair comment (and even inconvenient actual facts) so as to give a distorted and unbalanced picture should have been another.

From the other board:

You are on top of your game marines. When they launch the the new site you say they are preparing then they could splatter all over it the good news you think is coming and we would no longer be in the dark and there would be a bright light at the end of the tunnel. Yessir it all fits together nicely. I'm just a bit worried about your .05 estimate. Was that a slip and you meant to type .50?

Also, I trust whoever was given the assignment of letting management know the website was down might have mention the same with the stock.

CBD a mosquito repellent

https://www.marijuanamoment.net/cbd-rich-hemp-extract-is-an-effective-natural-insecticide-against-mosquitoes-new-research-shows/

From the other board:

Geeze Cute, you shouldn't have put that one up. That RMHB's drinks contain an insecticide is not a good selling point.

It takes six mods to keep the board a safe space for the faithful few. Some rude sods might say the company isn't doing very well if the mods weren't constantly on the alert.

From the other board:

What's so nice about a share price of a penny, very little turnover, the June Quarter results a bummer, and management silent as the grave?

But the good news is the Outstanding Shares count is still only 899,466,003

Yes, he keeps plugging away asking Cute (the board's expert on marijuana) if Abe Lincoln ever gave an endorsement for mj like she has found out Richard Nixon did. His opinion would have counted for more since Tricky Dick was forced to resign in disgrace.

the amount of time and effort to keep the other board 'clean' for a tiny audience is incredible. It has to be a huge drain, a beat down.

Well, Y-Pete’s post didn’t make it through the night. It was certainly “cute”!

Looks like Y-Pete has shot another one across the bow on the other board…,and it’s a good’n!

LMFAO!

Hey vegasandre, the ducks might never line up if there's much of this going on:

https://www.abc.net.au/news/2024-09-13/donald-trump-springfield-ohio-cats-and-dogs-rumour-origin/104348440

LMFAO!

The shills are alive with the sound of losers ...

Ahhhh, “Raindrops on roses and whiskers on kittens…..” Such a feel good observation there Oil!

Good news, the Outstanding Shares count is still only 899,466,003