Hemp Inc (HEMP)

[Det_Robert_Thorne]

Now, Perlowin says plant operation delayed to 2Q/16!

Check out this little gem embedded in today's PR about a meaningless award: [Bolded emphasis is mine]

This is why we have been full speed ahead with our decortication line which is expected to be fully operational by the second quarter of 2016.

Two days ago, on Dec 7, I wrote the following, based on what I saw in HEMP's latest videos, which were posted on Facebook two days ago, then edited into a Hemp Update, available today on Hemps YouTube channel: [again, emphasis added]

If the plant if operational before the end of February, I will be extremely surprised, because I'm now beginning to think that April is more likely.

So again we have another example of one of my forecasts about HEMP's business coming true.

And so now, it's time to state the following financial forecast for the current and next quarters:

HEMP will have little revenue (<$100K) and will show large losses of $500K - $1M in both 4Q/14 and 1Q/15.