Hemp Inc (HEMP)

[Det_Robert_Thorne]

Bearish because of reporting, governance and business models

I have been bearish on many stocks in the sector because of their generally shoddy reporting, governance and business models.

HEMP is another beast entirely, because of Perlowin's inability to settle on a business model and make it come to fruition in a way that benefits shareholders.

Regarding the Ascent Expo, I wasn't expecting Bruce to be selling candles at the booth, but to have possibly written some orders for products that would ship to retailers before the end of March (the Expo was held Feb 27 - March 1,) or trigger some sales on the website.

Regarding the Decorticator, I've already used a Canadian study of the hemp fiber market to show that the business simply isn't all that profitable:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109989785&txt2find=nbpt

I am confident of my analysis, which is why, based on the plans currently disclosed by HEMP, I'm predicting large losses on tiny revenues for the rest of 2015.