Followers | 170 |
Posts | 8965 |
Boards Moderated | 0 |
Alias Born | 01/24/2011 |
Monday, May 22, 2017 4:03:04 PM
No idea what was sold, other than perhaps tuitions for Hemp University, but HEMP did about $27K in revenue in 1Q/17, and lost $15.9M in the process.
Some weird stuff in the report, in that Bruce claimed a stock-based interest expense of $10.7M in 1Q/17, yet at the end of 2016, HEMP only had about $9M in outstanding liabilities, and still is carrying $9.8M in liabilities. The filing doesn't explain this at all.
Perlowin also restated nearly $3.4M of 1Q/16 Stock-based compensation as a stock-based interest expense. Why? Who knows, because it's not covered in the filing.
The OS at the end of 1Q/17 was 1,748,651,127, the same as I reported the TA told me at the end of March. That's an increase of about 517M shares from the end of 2016.
Here's the report:
http://www.otcmarkets.com/financialReportViewer?symbol=HEMP&id=172714
"Soylent Green is people!!!"
Detective Robert Thorn: Telling uncomfortable truths since 2022
DRT is Charleton Heston's character in the 1973 movie, Soylent Green, set in the year 2022, and is not my real name
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM