Hemp Inc (HEMP)

[Det_Robert_Thorne]

Q1 wasn't real money, and Q2 will be less

The "Revenue" in 1Q/14 was mostly from pumped shares received as payment for consulting serviced.

For the second quarter, Bruce only signed a couple of new clients, and we won't know the terms of the payments until those companies file and they disclose how many shares they paid to HEMP and at what prices.

The "first quarter" clients will also give their quarterly payments, but for most of them, the share payment will be one-third that of Q1. The exception will be HIMR, which because of the stupid contract signed by its management, will have to pay HEMP 2 billion shares at $0.0001.

Because of HIMR, HEMP will receive more shares overall, but less dollar value.

I expect 2Q revenue will be significantly lower than 1Q.

Also, the value of all the shares fell dramatically during 2Q, so the marketable securities assets on the balance sheet should be marked lower.

No revenue from the decorticator, though we might learn how much Bruce paid and how much he loaned the company to buy it.