Changing Daily
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Think about what you're saying. Hemp dilutes millions of shares per quarter. Can you deny that?
Facts? Bruce dilutes $300k in shares per day! What other facts do you need?
Fair enough, can you prove that anything they have said is true? Can you prove 1 asset? Can you prove $1 of revenue? I can prove dilution and selling. James Lay is a crook and serial con artist. Look him up.
Who said you can't print money. Ya' know what's crazier the Bruce selling $2-300k per day? People are buying $2-300k per day.
I don't know. There's $200-300,000 traded daily. Would Bruce rock the boat?
Stock Warlock, read JustMyLucks post here.
Your right I'm wrong. Just curious; why does the hemp industry have a potential to be a $1billion industry, and cannabis to be $25billion? Nevermind, you're right. I'm out-
You referred to the industry. Same plant, different industry. Different licenses. One can go across state/country lines, the other cannot. I can be an ass and try to poke holes in story's at any time or try to have a true conversation. I choose to do the latter. Nice try though....
Sky is limit in cannabis. This isn't cannabis, it's hemp that does have a ceiling.
Not $25 million in sales, $25 million in operating profit to cover the $25 million in burn. More likely they will need $125 million in revenue in a "potential $1 billion industry". So being this late to the party, they would need 15% of the market just to break even. Look at the dilution now. Now imagine what that will look like when or if HEMP started getting revenue. I love when people start talking about a true pink penny stock doing a dividend or stock buy back. I always ask them to show me one that has ever been done. There is a reason HEMP is not an audited company..... and it's not about transparency.
They are not getting $500 per pound. They are getting $3-5 per percentage point of cbd. So 10% would get $50 on the high side, but probably closer to $35 per pound.
They may be able to get some revenue, but to buy back shares? They have a burn rate of $86,000 per day. Per day! They don't even have the plant running or have a sales staff to financially support. That means they need operating profits of at least $25,000,000 to show a net profit. Then the $millions of debt and growth, where will the money come from? Do they stop investing in growth to buy back shares? Bruce would just reverse it like in the past.
There will be plenty of opportunity for HEMP. But not enough to "buy back shares"
Tourism? I know you aren't referring to hemp or cbd. That side passed them by. There are 25 public company's with solid revenues and no dilution. I know 6 month old start ups with more revenue than HEMP.
$86,383 to be exact.
How in the world COULD they buy shares back? They lose about $100,000 per business day.
Why doesn't he promote the shareholders? He doesn't give 2 sh**s about you or I..... unless we keep buying the shares he dumps. Don't respond. If you do; I will just think you work in his office.
No, it's not. Down 99% from its high by way of a felon, convict CEO dilution facing SEC charges. Sorry, I'm not positive.
Riiiight. Another red day, down 99% from its high, diluting billions of shares and yes, Bruce is building a $200k greenhouse and promoting a friend.
So the guy with the greenhouse was late or Bruce? If the guy could plant, why couldn't Bruce? Nevermind, another red day, 99% down from its high.
$50 million taken from HEMP and he can't supply his own hemp?
That is awesome! How do I invest in his company?
Cbd is cbd regardless what plant it comes from just like water coming from the ground or the sky. I know I'm going against many scientists and attorneys that have all gotten together and chose to debate their talents on HEMP's IHub board, but like water, cbd is still cbd. It can come from many varieties of plants. Industrial hemp (true definition of cbd producing sativa) has less than .3% THC. This distinction of the plant was to isolate it from cannabis. If you bred cannabis to a fern, you would still have THC. The development went into breeding to ultimately get to what in known as today's cbd/ industrial hemp plant. Now, where I call BS on HEMP is where they are all of a sudden in the cbd market with all their fiber hemp. True industrial hemp has 15+% cbd. Fiberous hemp has less than 3% cbd. So while it costs over $1,000 to create a kilo of cbd oil with a 15%, it would cost $5,000 per kilo to run fiberous through their system. Keep in mind $1,000 is on the low side. So with today's wholesale market of isolate (i didn't see their ability to produce it in the video) at $5,000 per kilo, I can't see how they make any money. Oil on the other hand is as low as $3,000 for first run. (I believe that's all the equipment they are set up for). I'm awake now, let's hear all you chemists tell me I'm wrong!
Why are so many charged if it's really only about a guy being an affiliate or not?
Makes you wonder who you're talking to....
The charges stem from "phony gifting". They have ZERO bearing whether he was an affiliate! They sold shares that were not registered. I don't care how you twist it. Affiliate is one less charge as it would be a violation of Rule 144. Bottom line; whether he was or wasn't an affiliate, Bruce "gifted" unregistered shares that were deposited as registered. Explain why so many people/companies are charged if this whole thing only stems around an "affiliate" status?
I wonder how many companies have the distinction of calling their CEO a defendant?
All this is, is a motion filed by the plantif, without a ruling. Any other evidence on this or just a motion from a known felon facing SEC charges?
They are mad at each other again.
Not illegal to sell the shares. It's illegal how they became free trading. The SEC has not charged the company, Bruce, Epstein and the others to see if Epstein was an affiliate. (Don't know about spelling of Ep's name). I just wish someone would list the charges on here. They won't because they know it's not about an affiliate status.
List the charges and then I will walk you through them. Like the part that no matter if he is an affiliate or not, he has a 1 year holding period for a non reporting company, and how Bruce manipulated them as registered, free trading shares. That is why Alpine and Scottsdale has been named. Please list the charges.
Like I said; list the charges in a reply to this post.
One charge has bearing. It does not matter if you are an affiliate or not if you are selling un-registered shares into the market. You can twist this all you want.
Please list the current charges.
That is one charge. The meat of the case is selling unregistered shares. This has no bearing on whether he was an affiliate. Read the charges.
Loading or donating?
I have been in for a couple years. I have a little left. The SEC's case is not flimsy. If people would read, they would see that. This is a fact case not a speculation case. It's about unregistered shares. There is no way to hide this, they either were, or they weren't.
Very good article. Thank you.
$29 million? 2 billion shares sold? Where's that money? This company has lost 99% of its value from its high. I still can't believe how many people are defending him in the SEC case.
You can try to convince me all you want. You tell about a tour, I'll show you a chart that's lost 99% of its value. (Mic drop).