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Saturday, February 28, 2015 8:56:48 PM
In that PotStock Radio interview last weekend, Perlowin was asked how he would finance the cash burn needed for the reassembly of the decorticator equipment in North Carolina.
In the past, he's loaned the company money, and would receive repayment in convertible shares, but in the interview, he said that in the fourth quarter of 2014, he sold shares he received from the consulting clients instead, and that this would be his method going forward.
The shares of DEWM he's holding are only down about 75% from when they were paid, whereas most of the shares of the other client companies that he received in 1Q/14 are down 95% - 100% (one was deregistered by the SEC).
So while he didn't specifically mention DEWM, the writing is on the wall.
BTW, anybody notice that in the last few PRs from HEMP about the Ass-end Expo, there was absolutely no mention of any of the consulting clients, including DEWM?
https://finance.yahoo.com/news/photo-release-hemp-inc-gears-101505747.html
https://finance.yahoo.com/news/1st-annual-ascent-expo-los-161752732.html
https://finance.yahoo.com/news/hemp-inc-debuts-flagship-nutraceutical-160409275.html
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