Friday, July 22, 2016 11:07:13 AM
HEMP is a game changer?
No. It will never amount to more than a revisionists hippie dream.
Sure, that will spawn some craft farm plantings, habitat plantings and some mom and pop craft businesses--true Americana.
Mainstream?--no, not in the USA.
And if you know boo about farming you alreday know why. The Crop analysis I supplied a few posts back all have a $$$ figures associated with them--that is --- the land costs excluded--you take your sale value of your crop--unimproved, subtract your input costs, and that's your gross profit.
EVERY ONE OF THOSE CROPS value EXCEEDS raw hemp value.
Forget what you do afterward--farmers don't build cars of weave baskets--THEY GROW THINGS--PERIOD!
And if you are getting X from planting crop A and someone says --"hey plant this and make LESS"--what do you think the answer is???
Look people--you can buy all the hemp you want--CHEAP--nearly an unlimited source from the world market. Labor is cheap--land is cheap cost of living is cheap--and you cannot grow it here and compete--not even up for discussion--YOU CAN'T DO IT.
And that is why less that 4,000 acres where planted last year despite 28 states saying OK--And that is why this SCAM HEMP with rolling forward losses well over $15,000,000 (according to their 10Q's and K's) has only planted a joke--53 acres, its embarrassing its so pitiful.
If you invested you have been HAD--ROYALLY. And to that end Bruce Perlowin did a good job of SCAMMING you out of your money.
But its OVER--the SEC is at the doorstep--going through the files and records--digging--You think they do this for fun? No they smell the scam too.
There is a very small window of opportunity open to petition the SEC to grant RESCISSION rights to investors--to get your money back. Once they make their move--its over.
Contact the SEC to find out your rights and how to ask for the SEC to order RESCISSION. Otherwise--your money is gone--forever.
GOOD LUCK!
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