Hemp Inc (HEMP)

[Det_Robert_Thorne]

Because of stock more worthless by the day

The reason the assets are up is because of the stock received from the consulting clients, but those restricted shares are becoming more worthless by the day. Perlowin took a $3M writedown of the value in 2Q/14. He probably should have taken another writedown from the current $4.1M for the following reasons

WBXU was suspended and the SEC is planning to delist it.

HIMR had a 1:5000 reverse split, and trades at the equivalent of $0.000001

LKEN is trading at $0.0006

PPJE is trading at $0.0001

The other stocks in the portfolio are also down from when the companies paid them to HEMP.