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"what is the short position in HEMP?"
I checked several sites, and the most recent update on that data point was for 12-31-2020. Short interest for that date was 103,100.
So, where does that stack up with high and low figures of short interest for Hemp, Inc.? Not long ago, short interest was a low of 100 and on 2-28,2020 short interest was at its high for the year at 566,700.
That would put the 103,100 approximately 1/5th of the way up from the bottom of the range. Not a good number if you are thinking 'short squeeze'. Becides, it is coming off a recent low of 100m so it is increacing in percentage. That is not what you are looking for in a squeeze. Sorry.
But, GO HEMP!, nonetheless. I think it is slowly turning around. You have some newbies on the board, I am sure. It will take a bit for them to get the feel of how to make money for Hemp, Inc. which means us.
" when, if anyone knows, does Hemp Inc get a new CEO? and new board "
According to the press release, Bruce has settled his 5-year long battle with the SEC, and is in the process of transitioning from being CEO to CVC (Chief Visionary Consultant).
The release also stated that new blood would be broght in to become the CEO of Hemp Inc., along with a new board, during the first quarter of 2021.
I have not bothered to take the time to determine what dates are the beginning and end dates of the first quarter for Hemp Inc.; but id they keep the same dates as Bruce did, it would not be hard to determine. For me, personally, it is good enough to know that it is scheduled for sometime in the 1st quarter.
Go Hemp, Inc. and Happy Holidays to all HEMPers!!!!!!
"Hemp Inc. to announce a second brick and mortar store is opening"
I don't want to get ahead of Hemp Inc. on this one, so I will leave it at that.
Go HEMP!
"With Biden in office, next year this will definitely get to $.08"
Why?
Go HEMP
"This is Bruce's fan page"
Thanks, John, for providing that link for our followers.
Go HEMP
"Where is this fan page bruce is posting on now?"
Piano, you asked"Can anyone point me in the right direction?"
Since all you have gotten is speculation as to why he is changing facebook pages, his explanation is that he can only host 5000 followers on that original page. Sounds plausible to me.
The way I got on was by clicking onto the Hemp Logo (the official Hemp Inc logo) on that last posting by him on his old page. I also found a Hemp Inc. link to click onto just prior to the picture of the old cedar barn that worked (also on his old original facebook page).
And a third link apperared just before the picture of the gal picking tomatoes in a green house when scrolling down to earlier post on this same old facebook link. Hope this help you and others having trouble finding his old personal King of Pot page. Sounds like he is going back to what worked for him in the good old days -- his reputation as a successful business operator!
Go HEMP and Go Bruce!! You can do it if you do what you know how to do best.
"... is there and update on the court activity related to hemp inc and Bruce?"
I wrote briefly on this in my last post dated 07/10/20 in post # 119389. And while I don't really have anything new to add (I just checked for any news release), I will re-iterate that if Bruce has anything to worry about concerning that court appearance, you could never tell by some of his posts on facebook since that court appearance. He seems all smiles with not a care in the world.
These courts tend to keep their rulings pretty close to the vest until they are carried out. That means that, if someday, they require some action on a penalty-phase agreement, Bruce would no longer be under a gag order and so all would become, hopefully, known then.
Until then, I see it as still, Go Hemp!!!!!!!!!!!!!!!!!!!!!!!
"Still flogging this eh, Bruce? Aren't you busy in court?"
Well, I would assume that Bruce is out of court by now, since he is back to posting his videos on facebook. It does not appear that he, himself, received any flogging. He seems to be all smiles. There was one photo that showed someone in what looked like prison stripes, but the blow up shot showed the stripes were green and it was not Bruce.
Looks like pretty much business as usual, so Go Hemp, Inc.!!!!!!!!!!!!!!
"What is your overall take on Hemp.inc, short/ long?"
This may surprise you. My answer is "neither". When you are this far down in price, it would be unreasonable to expect it to tank, since that would not be in Bruce's best interest. And he hold all the cards. Thirty % of the float, and all the decisions making power. Neither do I expect him to really want the price to go up, if his long-term goal is to do a buy-back. He has to know that a buy-back is his only good long-term way out of this mess is to get the outstanding shares back to a reasonable number. And, he learned from the 2015 fiasco that RSS is not the answer either. So if he is actually interested in maintaining a viable company, as opposed to 'cut and run', he would need to build a reasonable level of reserve to do a sizable buy-back, while still maintaining some cash for continuing operations and expansions. Otherwise, he would be back to selling cheap stock to raise revenue again.
So, my answer is "neutral" until that time should come. That dosen't mean that it's years off before price appreaciation can be expected from Hemp, Inc. Things could improve drastically overnight with for Hemp, Inc. if something really positive would develop in the hemp industry. Remember, it is not just all about Hemp, Inc. as an island unto itself. It's about the prospects for hemp as a whole.
Go Hemp, Inc.!!!!!!!!!!!!!
DISCLAIMER: Since some might be inclined to use this as investment advice, I must once againg remind everyone to do their own due diligence and make their own decisions accordingly.
"So I understand this is not After Market selling, It is Catching-Up trading"
You are absolutely correct, if I understand this correctly. There are two prices at the end of a trading day. The closing price which you list as 'Last Trade' and the settle price which is a price determined after all slips still out are processed and settled. After hours trading is a different animal completely. It has nothing to do with investors trading. It is market makers (MM) buying and selling after hours in order to either have more stock on hand to meet demand or to unload stock if they have an oversupply. This activity has no bearing on the actual closing or settle price. That -0.0002 will not show up the next day or in historical closing prices.
I hope this helps and I will stand corrected, as always if I am in error in how I understand this all.
Go Hemp!!!!!!!!!!!!!!!!!!!!
"There is no trading after hours. Form T"
My broker is TdAmeritrade and they will sometimes show brief trading after hours, but it doesn't determine the actual closing or settle price. I once looked up online what after hour trading was all about, and seem to remember it saying that is where market makers have a chance to square up their accounts and transfer shares back and forth to get ready for the next day.
If I am wrong about what I remember, I will gladly stand corrected, if provided the info to the contrary.
Go Hemp!!!!!!!!!!!
"We (Hemp,Inc) Need a Board of Directors"
I have been advocating that for a number of months now. I even recommended it to the one in charge of the SEC investigation as part of a sentencing agreement. While I realize that we are not to the end of the sentencing phase, as I understand, they are waiting for a calandar date on the court's docket.
Short of that, I don't see Bruce ever agreeing to something like that without being forced into it. He would be giving up his sole total power to control the 'pulling of all the stings' regarding what goes on with Hemp, Inc. A board of directors is the sole hope things could be turned around.
Bruce, by the way, is under no obligation to have a board of directors because of his status as a pink-slip company. Only if the court were to demand it as part of a settlement would it ever happen in my opinion. Sorry!
Here is to hoping for that board of directors. Go Hemp, Inc. either way!!!
Piano, as for these press releases Bruce puts out, there is a place somewhere you can sign up to get an email containing a press release usually before they are put out to the public. This one that was to go out to the public on the 28th showed up in my inbox already on the 26th. That would explain how others had the information earlier than it was made available to you.
I forget just how I found the place to get on the list. Seems I was going through one of Hemp, Inc.'s promos -- like the one on hundreds of uses for making products from Hemp. Something popped up on the screen asking if i wanted to get notices about newsworthy things happening at Hemp, Inc. Naturally I went for that one. If you wish to get on the list, you may have to contact Hemp, Inc. and ask to be put on their emailing list.
Good luck and Goooooooooooooooooooooo Hemp!!!!!!!!!!!!
"...not sure how many it would take to rally to apply pressure."
The sad fact is that there is perhaps only one pressure that would fix this and that is a buyout. The prospects of another company wanting to do the buyout, I fear, has passed. A year ago the prospects would have been much better. This last report shows that there is no longer any there, there.
Only thing left would be a shareholder buyout -- something like a cooperative. Are there any interested parties out there that would like to actually be part owner of Hemp, Inc.? We thought we were part owner, but that is an illusion when you have one CEO calling all the shots, and the shots are not in the best interest of the owners (shareholders).
I would be more than willing to buy in if I had available cash to buy in. Unfortunately, I have all my available cash invested in the present mess. If enough shareholders could do a leveraged buyout and turn this thing around, with a recovery in PPS, I would, perhaps, be more able to buy into the COOP. I fear though that the buyout price of the shares of Hemp, Inc. would be the current price of Hemp, Inc. stock -- or an even lower price per share is done later. That would not leave me with much to work with.
It is an amusing thought though. Buying out your own company to get back the voice of reason.
"Well if it was up....for anticipation, that has definitively been cleared up with less sales."
You are 100% correct on that one. The one main dissapointing thing for me concerning how Bruce handles his affairs is that he tends to think about everybody but his shareholders. We keep seeing him cutting various groups in on some of his spending; but he forgets that the shareholders are the ones paying for it. This spending on such groups comes at the expense of selling more shares rather than from profits of sales.
Does he not consider that the day will come that the shareholders will one day say enough is enough. It is fine to be charitable toward others, but not with other peoples money. Playing Robin Hood works only in legend. And I understand that even he did not fare well in the long run.
This will end up being my charity, but I would rather be the one making the decisions as to who I want to help with my hard-earned money -- which has become far less because Bruce is helping everyone else except the shareholders of Hemp, Inc.
I hope the time will come when someone will be put in charge of Hemp, Inc. that will put the shareholders first. That is the only way for the PPS to go up.
"does anyone think Hemp is up in anticipation of the quarterly report supposedly coming out tomorrow?"
I would say that is the most likely reason.
Go Hemp, Inc.!!!!!!!!!!!!!
"Hi Folks. sorry to have been gone."
Welcome back! Happy to learn that you are still part of the Hemp, Inc. team. I hope and pray for your full recovery. Keep us updated with regards to your recovery.
Go HEMP and go Piano!
"P.Forte you must be luv-in it with all the accumulation you did down below 0.005!"
Yah, I too have been wondering about why we haven't heard from Piano Forte lately. I hope it isn't something bad like coming down with the 'virus'. Or, selling out his/her postition right before the HEMP rally. That goes for all the other 'investors' (traders) that bailed right before the rally. Hemp, Inc. is looking good for now. I hope it keeps it up.
Piano, if you see this, please let us know if you are okay.
"10K 2019 due 3/30/2020"
I believe that the end of March was the official end of Hemp, Inc's first quarter (Q1).
I also remember that Bruce always put out April 15 as the filing date that Hemp, Inc. would file the Q1 -- since they needed that much time to compile the report.
Where he would somethimes be late was in not getting around to it by the 15th and would need to apply for 'Late Filing' so as to have additional time to get it out by the 30th. Some of the Q1's that were filed on time (April 15) would be slopply done 'paste and patch' jobs and would end up needing to be ammended by the 30th anyway.
Burce always said that bookwork was not his greatest passion.
If I am incorrect in what I have stated, would someone please set me straight?
And, should it not be the 10K for 2020 since it is the first quarter of 2020? Didn't Bruce file the 10K for 22019 last year?
"I wonder how Social Distancing is affecting Hemp inc?"
Bruce commented on this last week on Facebook. He said that they had two semi-loads to get out of the NC facility before having to shut down by NC Guidelines (or law?). He said they would get one out yet in that week, and the other one would go on Monday of this week.
He said, not to worry because they had other avenues to turn to, once they have to close the NC plant. Claims that is the beauty of being diversified. Maybe, perhaps, all this diversifying that people have been complaining about, will pay off.
Go HEMP!!!
"It's on the verge of a Launch that's for sure..."
'Rising tide raises all ships' and a rising market raises most all stocks.
A major factor for the great gains in the general market is optimism that the Senate may finally be getting its act together. So, Hemp, Inc. is enjoying a little boost from that.
I don't see a "Launch" for Hemp, Inc. until Bruce puts out the Q1 by middle to end of April. And, if they aren't as rosy as he has indicated they may be, then I would say the "Launch" will be postponed to a later quarter.
The launch is your prediction as per your disclaimer, my prediction is wait and see what is in the Q1 report. Patience can sometimes be rewarding, also.
Disclaimer: Reassess your due diligence after the Q1 comes out.
Go HEMP
"A Responsible CBD/hemp post"
Normally, I wouln't feel the need to reply to a post such as this one. But, since I posted a similer message regarding CBD and the virus COVID-19, I don't want the reader to become confused regarding the messaging.
The article I posted was post#:118161 entitled "Marijuana to treat CVD-19?" on 3/19/20 @ 1021AM. I probably should not have dropped the vowels from COVID-19.
Considering the serious nature of this virus, I think the public deserves all the the information available on this pandemic threat. So, I would like to inform the reader that the information in the two articles, while similar in that they both cover the use of CBD as related to viruses, they are NOT the same as regards the content of the articles. This article that I am responding to is about the question of whether CBD is effective at killing viruses in general. The article that I posted, addresses the concept of using CBD because of a certain chemical it contains, in possibly helping mitigate the lung damage sometimes accompaning severe cases of COVID-19.
So, I would like to alert the reader that the posting of this article by Gailm does not in any way change the importance of the information posted in my article. Both articles, in my opinion, are 'Responsible' articles; but I would defer to the reader to come to their own conclusion regarding the actual contents of each article.
The information I provided did not have a link as I was not provided a link when I received the information. If anyone would like more validation, I could do a follow-up; but don't want to risk including what may be off-topic info in this reply.
I hope that clears up any confusion that may have come up regarding these two similar messages.
"I've read the moderate hoo haa."
The message I posted was titled "Marijauna to treat CVD-19?" I apologize for dropping the vowels out of COVID. Hope it didn't cause any confusion.
I think it is a rather timely and possibly valuable article in times like this, and should not be lost on distracting nonesense.
I urge readers to pull up my message by that title if you happen to be interested in possible treatments for the impact of this deadly disease.
"Bunk CBD May be found as causeway to corona virus."
I was repeating something my friend in France had passed along to me.
He is the most intelligent, well educated, well informed individual I have ever known -- bar none.
I will go with his take on the issue, thank you. Sorry!
I would encourage the reader to go back and re-read the message I posted. This was reported as a result of research that had been done on the subject. It is not mere speculation like I am reading here.
"Does anyibe know if they are allowed to do a Reverse Split (if they wanted to)?"
Are you asking about Hemp, Inc. specificlally, or any company in general. The answer is the same either way.
Any company is allowed to do a reverse-stock split. But, any company that has done one is unlikely to do another. I have posted numerous messages on the website regarding the evils of a RSS. Not only does it destroy the individual investors in the company, but companies realize too late (after the split) that it also ruins the company by the same ratio.
I believe Bruce is far too sharp to repeat such a mistake again.
So, Its still Go HEMP!!!!
Marijuana to treat CVD-19?
I have a friend in France that passed along a tidbit on CVD-19. He claims that the lung damage caused by the coronovirus is believed to be the bodies immune response by dumping large amounts of cytokine into the lungs to attack the virus. It would be similar to the body dumping too much histamine as a reaction to an allergy and causing anaphlactic shock.
It is believed that cannabindiol, a cannabinoid in marijuana will act as an antidote to this over-reaction of the immune system. Could it be that hemp also contains similar properties. Regardless, it certainly couldn't hurt enjoying a good hemp pre-roll in times like these. It should be one of the safe things you can consume, since the combustion would destroy any virus that could be on it.
Enjoy a pre-roll and buy some bargain-basement Hemp, Inc. stock while you are at it.
Go HEMP
DISCLAIMER: The usual that go along with this sort of pitch. Do your own due diligence.
LaorgeMONEY " We got to rise to the occasion ..."
The circuit breakers kicked in again for the general market. So Hemp, Inc. is tanking again -- just like it did the other day when they kicked in.
Rising tides raise all ships, and vice versa.]
Since Hemp, Inc. is not seen as directly alleviating Coronovirus-19, it will naturally sink along with all other stocks that are not directly related to an immediate solution to the hysteria.
So, for me it's still Go HEMP !!!!!!!!!!!!!
"... what a better time for a stock buy back!"
You are absolutely correct in this assumption. Bruce could find not better time to do a share buy back than now -- if indeed he is generating the revenues he would have us belive are coming in. The problem for most buy back scenarios is that one does not have the cash available to do it. And once it becomes apparent on the financial report that there are such revenues, the price shoots up and there goes you opportunity.
But, alas, I fear that Bruce will always find some cause to spend such revenues on rather than doing the thing that would help out the stock and investors in Hemp, Inc. I would like to be proven wrong on this one. I would be the first one to 'eat crow'.
Go HEMP buy back!!!!!!!!!
"Good to see you back Piano!"
I was afraid we had lost you until I saw your post the other day.
What I think we are seeing the effects of a general market sell-off. Nothing to do with Bruce and Hemp, Inc. It is more like Coronovirus and plunging oil prices taking the whole market down.
And, the big question would be whether this is the end of it. Never can predict things when fear and greed are involved. Panic selling in the markets takes most all stock down. The only ones spared would be like stocks that help eliviate the effects of Coronovirus, and the like.
I sure with I still had some cash to buy more share of Hemp, Inc. When everyone else is panicking that is the golden opportunity to BUY with both hands.
Go HEMP!, Go Hemp, Inc.! Go Hemp, Inc. distributors!,Go HEMP producers!
GO,GO,GO!!!!!!!!!!!!!!!
DISCLAIMER: As always, due diligence
"Weak hands were shook out of thei long ago."
But, new 'weak hands' keep coming in.
Go Hemp, Inc.
"Are they shaking loose weak hands?"
Yes, either that or taking those 'weak hands' out directly by running the stops. Either way they end up with cheap shares.
Go Hemp, Inc.
"Another PR and Hemp, Inc. swoons again"
Is it just me or do others see some connection between Bruce posting a public release and Hemp, Inc. going into a sell-off?
Is Bruce actually trying to keep Hemp, Inc.'s PPS artifically low for some personal gain on his part?
Could it be a way to unwrap a PIPE without tanking the stock?
Who knows? (rhetorical). I'm sure someone in the know knows.
I'll always take the good news part of it. With buy opportunity to boot.
Go Bruce ! Go HEMP !
DISCLAIMER: Same as always. Do your due diligence.
"... what's cooking?"
At the risk of having to repeat myself, or refer you to previous messages I posted on Hemp, Inc.'s chart profile, I will simply regard this as a rhetorical question. Sorry.
Go Hemp, Inc. !!!!!!!!!!!!!!!!
"... code for we're waiting for a decision on the apeal."
If you read the last filing by the SEC, it stated that the SEC ruled in favor of Hemp, Inc. on several counts, but also ruled that the defendants waived some of their rights on several counts because of certain infractions. I forget the date of that 2nd filing, but I am sure someone will dig it up, so I won't bother.
I read an article some time back that the SEC had concluded their investigation and had turned it over to the courts for a decision. The SEC is not a prosecuting body -- only an investigative body. This may run counter to what you may have been led to believe.
I have not been able to find that article again. But, I do remember that the hold-up now is getting a court date on the docket. Seems that they have a crowded caseload. Or, could it be that there are more pressing cases?
I hope this sheds a little more light as to where things may be at concerning Bruce, Hemp, Inc. and us investors regarding the investigation. My hope is that it will all turn out to be a big 'nothing burger'.
Go Hemp, Inc.!, Go HEMP products!, Go HEMP sales!, Go HEMP !!!!!!!!!!!!!
"... .0063 floor or resistance. "
Actually, I meant floor (support). Things are progressing along fine for that. The big dump was 5.25 million by one individual as shown by the one-minute charts. We needed to get rid of that one -- 'weak hands' must go.
Then someone saw that it was time to 'run the stops' which cleaned most everything out at the very bottom. We already established that there were not buyers below 0.0063, so it wasn't hard to pick off those stops.
House-cleaning should be pretty well done for Hemp, Inc. for now. Unless there are still a few straglers that like to sell at a loss. Doesn't compute in my book, though. This looks like it should be the new second bottom. I won't say it is, because someone will always like to prove me wrong.
Go Hemp, Inc.!!!!!!!!!!!!!
"STINGY, STINGY... Trying to pick up a couple this morning, ..."
i could suggest what is likely going on with Hemp, Inc. this morning. If you check the 3-month charts you will notice that Hemp, Inc. put in the same low of 0.0063 on 12-18-20. That means that a possible double bottom could be taking place. The fact that limit orders are not working as usual for you is that other traders may also be considering this a possibility. It is hard to get a fill, other than at ASK, in such situations.
Another thing to consider is that investors would have to sell at a loss below that price, because there is no one who bought at a lower price than that.
As to any further projections, I feel it is better not say any more right now. Don't want to spoil the party if there is one in the making.
Go HEMP !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
"It's a nice start let's keep in mind its 5million - 8-million dollars"
I am generally pro-Hemp, Inc. on most issues. But, I try to be fair and balanced. And, on this one, I would have to say that, so far, this would appear to be a 'nothing burger'.
It claims that 10,000 pounds of bud is for sale, wholesale. We have known that for some time already. So, the fact that the number is still the same doesn't bode well that way. Well, to be fair, Bruce did say that anywhere between 10,000 and 20,000 would be sold wholesale (if I remember correctly).
But, here is the big rub as I see it. The hype is that this bud will be for sale by a distributor named Loot CBD Flower (company name). at some upcoming trade show called 'Champs'. Sounds great until you read that it is a mere 5# that will be displayed at their booth #701. That's $2500-$4000 worth retail? What is there in it for Hemp, Inc. other than 'free' publicity (which is always welcome, by the way)?
Tell me where I am wrong on this. I hope I am. It's not that it's a big negative. It's just seems made out to be more than it is. Agree or disagree. I would like the actuals to be more in sync with the hype.
All aside, I remain Go HEMP!
"... rush to get the sloppy financial out ..."
There was a recent question as to when Hemp, Inc. would be coming out with the Q4 financial report.
I replied with Post #117586 on 2/20/20. But, I will briefly summarize here, again. Quarter 4 ends on March 31st, so it is far too early for that now. The sloppy version generally is released around tax day (April 15th). But, if Bruce is early with releasing a 'sloppy version', he usually ends up with the revised version by the end of April.
It is best to wait for the revised version, if one is interested in doing due diligence.
I hope that clears things up for those who missed my earlier post.
Go Hemp, Inc.!!!!!!!!!!!!!!!!!!!!!!!!!!!
"..., what's happening with the "village?" "
The last 3 days of posting that Bruce has put up on his Facebook has been about how they are getting the village ready for next season. Check it out. I don't include links in my posts, so if you have trouble accessing this material, you might need the advise from someone else on that.
I hope that steers you in the right directon for you answers.
Go HEMP !!!!!!!
"Hey, voice of Mod. Help us out. ..."
In answer to this post you posted and the one following about the 20,900,000 shared being sold here would be my take:
This looks like quite possibly another PIPE (Private investment in public equity) unwinding. That, in itself, is not a good thing. One does not want to see them, if possible. But, Hemp, Inc. has had little choice for raising needed funds to invest in the needed infrastructure -- with the hope of keeping our company out ahead of the curve.
The high number of shares sold on Friday and Monday would seem to indicate that a PIPE (or Conversion from Preferred shares to common shares) might indeed be what has been happening with Hemp, Inc.over the past couple of trading days. But, seeing seeing so many shares over those two days would suggest to me that it may be pretty well done with.
I'm sorry, but that is about all I can offer now without straying off topic. If you still have more questions regarding this, do ask.
Onward and upward. Go Hemp, Inc.