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Tuesday, August 23, 2016 11:57:50 PM
Of course my view is negative. I've been following this company through its past three or four business models, and have seen Perlowin fail at each.
I suggest that you read the post at all of the links in the following post from April 6, 2016:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121728545
Then you might read this post from May 3, where I showed where the kenaf core material that was being rebagged was coming from:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=122360256
Then here's another post from May, where I estimated that HEMP would have nearly 700M outstanding shares by the end of 3Q/16. It turns out that my forecast wasn't agressive enough, because by the end of 2Q/16, there were 754M outstanding shares.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=122854835
And then the SEC stepped-in in June, suing Perlowin, his brother Jed, and a business partner for selling unregistered shares:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123444960
It's fine to say that you have the largest decorticator in North America, but another thing entirely if it's just a hulking collection of non-working equipment that may never work again.
Read this post from Gailm from July about why he believes the decorticator portion will never run:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123757343
Now after reading all of this, take a look at HEMP's recent Press Releases and note that the status of the decorticator itself is never explicitly mentioned.
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