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Is this the first HMPQ PR you are reading. All of them are vague and misleading!
I highly doubt there is a buyer for anything from HMPQ. Go online and search Wholesale CBD and see how many times HMPQ comes up. There are so many verified CBD companies out there at the moment. Nothing that HMPQ is doing is extraordinary. Like I said before Sal said he had a buyer that signed a letter of intent (in January) to buy 2 million worth of product and that was just the tip of the iceberg. Well his latest agreement is only worth 175k. HMPQ lost more than 2 million in 2018. The only way I will ever believe any sales happened is when I see the SEC financial reports.
Exactly my thoughts, HMPQ agreed to terms does not mean a contract has been signed or the other company has agreed to purchase anything. I remember not too long ago there was an LOI signed and HMPQ was supposed to supply product worth 2 million $. What happened to that? This is an easy 20%. Buy in under .009 and sell on any bs PR.
Get ready for the pump followed by the dump! More Sal Fluff...
Sal has been posting a lot of pictures of Machinery on his FB page. I assume all of these machines still need to be purchased for the Maine plant so they can complete their factory.
Unfortunately this is how HMPQ trades, the pump the stock a bumch of people buy then the next day it starts to bleed capturing a bunch of bag holders. Then they pump the stock again previous bagholders sell and they capture a new round of bagholders. They will continue to do this until they go out of business.
Hempwerk.inc
HMPQ pumped, gave some of the old bag holders a small chance to get out, collected a few new bagholders, and is dropping back off to sub pennies. The same thing it has done time and time again. More of Sal's bs PR's.
Your name says it all. Obviously sal is trying to put out news to pump the share price.get out when you are up or hold the bag with everyone else
Trying to hook up a buyer? Didnt Sal say months ago he had a buyer who has signed an loi?
They need the shates to keep the company "Debt Free" as Sal likes to say. The truth is the company will be going bankrupt soon, or a reverse split is on tje way.
The only thing I see in this filing is HMPQ's "imminent" failure. Why has the SEC not shut this company down and thrown Sal in prison?
All over your face!
Is there anything positive to say about HMPQ? They have been scamming people for 5 years. There are numerpus misleading PR's qmd SEC filings over the years to verify this. You must be new. Being positive and being honest are two seperate issues.
No better time to Pump a fradulent pot stock than 4/20!
Rally will start if Bitcoin can hold above 5k. Its only a matter of time.
Huge Volume today. Looks like its about to run for .05 Oh wait nevermind its only 1m and still a scam.
DEZZ NUTS!
Funny to see everybody talking about big buys coming in and getting their hopes up when this shit stock jumps 11%. Its still sub pennys and has only traded 9mil shares today. Do the math. You can make money day trading it but there is nothing riskier than a sub penny stock with terrible news surrounding it and a CEO that constantly lies. Be Careful with this one. I am 99.999% sure there is no future in HMPQ. Every one of HMPQ'S PR's has stated that if Sal died you may lose your investment. That time gets closer every day. And when he does die. The only person to blame will be yourself for not reading the Red Flags.
RIP HMPQ. After this comes a reverse split. Crooked Sal at it again tryong to explain how this is a good thing. They just completed an offering that netted him 6.8 mil and he didn't produce anything.
So Vitalis came and commissioned the extraction equipment, then came back and tuned it and now its broken after putting 4k lbs through it but it should be able the handle 240lbs per day? More bullshit from Sal. This interview comes just after Hempwerks went on FB saying how they have been focusing on extracting thats why they have been silent on social media. The two companies obviously have no communication between them. Will see .0001 soon
Anybody seen the Hempwerk FB post today? Looks like some oil from somebodys garage lab.
It has been a real P.O.S for years now. You are just catching on. Go read all of their PR's and SEC filings. You will quickly notice the trend.
Here is another interesting fact.
Rosillo’s total compensation. On June 28, 2017 Mr. Rosillo was issued 505,000,000 Class A shares as the main component of his compensation for the period from February 9, 2016 to February 9, 2019.
Additionally, on February 9, 2016 for her past services to the company as Secretary, and for the
following three years of service, the Company entered into an employment agreement with Nieves
Rosillo, which granted her 10,000,000 shares of our Class A common stock. As of August 25, 2017,
Ms. Rosillo’s employment agreement with the Company was amended and restated, principally to
provide her share based compensation of 19,778,000 Class A shares for the period of February 9,
2016 to February 9, 2019. Ms. Rosillo is a New York resident and sister of our founder and CEO Sal
Rosillo.
Looks like they are due for another paycheck. Look out for more diluted shares on the quartey filing.
Link below for sec filing
https://drive.google.com/file/d/173a1ildIeyQnlAFdoXC7vSsseUXknmL-/view?usp=drivesdk
So now Black is Not involved and we have no idea who is taking over. The thing thats concerning is after the initial 3 million The Company (Hempwerk) will basically assume 100% ownership of all the extraction equipment as well as any other information aquired during this period. That would mean HMPQ will own nothing at the end.
Even though Sal would still own 51% of Hempwerk. The Shareholders would own 0%
Is that correct?
Hi Stockscamalerter,
This was taken from the shareholder agreement dated September 7, 2017. I am confused by the statememt myself. The way I read it is after both HMPQ and Hempwerk make 3 million The Company (Hempwerk) becomes the sole owner of the vitalis L200 extractor. Please read tgrough the document in the google drive below.
https://drive.google.com/file/d/1gFvRmdvJ2LDbjS6HLfaH4Z8Si1qpvkJz/view?usp=drivesdk
Can somebody explain this, and what happens now if James Black is no longer an employee? The Company = Hempwerk
11. Intellectual Property Rights; Transfer of Ownership of Extraction Machine
(a) Each Shareholder agrees to retain its own intellectual property and to allow its use
by the Company from time-to-time as may be agreed in the future. As for any technological intellectual property Black develops during the course of the Company’s existence, such
intellectual property will remain the property of Black as its creator until such times as each of
HempAmericana and Black each receive three million dollars ($3,000,000) in dividends or other
distributions from the Company in accordance with the Profit Sharing Formula of Section 6
above (the “Threshold”). After the Threshold is met, intellectual property developed by Black in
the course of the business of the Company that the Company has been using or uses as part of its
regular course of business shall become and/or remain property of the Company. In addition, once the Threshold is met, then the 10-L Infinity Supercritical extraction machine belonging to
HMPQ shall become property of the Company. Intellectual property pertaining to the name of
the Company and/or its brands (trademarks and copyright) shall be the property of the Company
from the point of the Company’s formation.
The only reason HMPQ claims to be debt free is due to the massive dilution of shares sold to investors at .005 per share while the stock was trading at .01
We will see on their next quarterly filing if they have continued to dilute,or if they have made any sales. My guess 100% they continued to dilute, and 95% sure they did not produce any positive revenue
Hempwerk used to be very outspoken when it came to running material or progress in the warehouse. I have not seen anything from them for a while.
I'm confused. Is Hempwerk inc. still the company with the production warehouse and machinery? Or is HMPQ in full control now?
Are you referring to Sal? I agree everything he has said over the last 4 years has been a complete lie. Too bad more people didn't listen to the truths being told about the company. Most o you had a chance to break even after holding a bag for a year and no you are stuck again. Only this time it is not looking too good.
HMPQ does not have any numbers. They do not sell anything. They have not produced any CBD oil, the plant has not been finished. The company has done nothing but lie to everyone for the last 4 years or more. Where did Hempwerks page go, and the website? Doesn't sound like a good investment to me. Should be .005 by years end.
Correct HMPQ does not sell anything other than Rolling thunders which they have sold about one box since production. I am pretty sure they have discontinued them too. With the so called extraction plant unfinished the only revenue I expect to see is from more dilution.
Nobody in their right mind would short a penny stock.
We never went anywhere been warning you all for a while now. Hopefully the reality of it all puts our research and previous post into perspective.
True story hahaha
I feel bad for all the bagholders that rode out the wave for the last year and just had a glimpse of green but greed got the best of them and they are bagholders again . Not to mention all the new bagholders. If we can save one in the process its worth it.
Hahahaha
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