Hemp Inc (HEMP)

[Condor65]

How have you calculated the dilution?

If I consider the Common and Preferred to the same value,

the Increase is 8.3844%:

Preferred (REDUCTION) : -40.000.000

Preferred K (REDUCTION) : -18.039.651

Common (INCREASE) : +316.613.145

Diff. +258.573.494


Total 2167985023 (Common + Pref + Pref K ) 31 dec 2013
Total 2426558517 (Common + Pref + Pref K ) 31 march 2014
Increase 258573494 (Common + Pref + Pref K )

Increase% + 8,3844% ( Ridiculous, IMHO )

What is missing??


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Situation (reported)

31 dec 2013
Security Information
Trading Symbol:HEMP
Exact title and class of securities outstanding:

COMMON
CUSIP: 423 703 10 7
Par or Stated Value: $0.00001
Total shares authorized: 3,000,000,000 as of:12/31/13
Total shares outstanding: 1,827,349,022 as of:12/31/13

Preferred share information:
Exact title and class of securities outstanding:
PREFERRED AND PREFERRED K
CUSIP:N/A
Par or Stated Value: $0.00001 and $0.00001 respectively
Total shares authorized: 500,000,000 and 250,000,000 respectively
as of: 12/31/13
Total shares outstanding: 215,182,600 and 125,453,401 respectively
as of:9/30/13

31 march 2014
Security Information
Trading Symbol:HEMP
Exact title and class of securities outstanding:
COMMON
CUSIP:423 703 10 7
Par or Stated Value: $0.00001
Total shares authorized :3,000,000,000 as of: 3/31/14
Total shares outstanding :2,143,962,167 as of: 3/31/14

Preferred share information:
Exact title and class of securities outstanding:
PREFERRED AND PREFERRED K
CUSIP:N/A
Par or Stated Value: $0.00001 and $0.00001 respectively
Total shares authorized: 500,000,000 and 250,000,000 respectively
as of: 3/31/14
Total shares outstanding: 175,182,600 and 107,413,750 respectively
as of:3/31/14