53 acres is an embarrassment
That is the best they can do when:
Hemp Inc posted a $8,800,000 LOSS for 2015.
9 of its former Community Of Companies are either de-listed or zero bid
Its most recent addition FUTL, has dropped 80% of value since signing on with HEMP.
Another recent PZOO is struggling to stay within 5 decimal places before slipping to no bid.
The SEC is drilling down.
The Plant doesn't run and there is ZERO reason to believe it ever will.
The company failed to sell its STATED Drill Swill. A $1,250,000 sale--MISS--barns are bulging with now 3 seasons worth of UNSOLD kenaf--and the company wants to plant....... more?!
Despite all the ILLUSIONS...farmers are not planting commercial quantities of hemp--state and university sponsored "study crops" which are subsidized are about it with a FEW "commercial" plantings the biggest reported to date 300 acres. Not a BILLION DOLLAR undertaking --not a MILLION dollar undertaking--the raw hemp value would be in the neighborhood of $120,000--about half of that to the cost side.
Meanwhile the most recent numbers show near $630,000,000 in hemp related sales this year--ALL from international sources.
Want to hear something which I consider HYSTERICAL? Where do you think HEMP'S cosmetic line comes from???
Rather than me tell you and get shouted down for it--spend a few bucks get a bottle and see for yourself. Kind of using MADE IN JAPAN during the second world war--if you know what I mean!
But VERY telling about what is REALLY going on.
And what is NOT!
