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Wednesday, July 23, 2014 3:23:48 PM
The fact that HEMP announced only two consulting deals in 2Q/14, coupled with the smaller number of shares paid by the clients signed in 1Q/14 at lower prices, point to lower revenues in the last quarter than in the first.
If properly marked-to-market, the value of the shares held will fall dramatically, and more than likely, there will be additional debt because of the purchase of the decorticator.
Why wouldn't HEMP go lower still?
BTW, if revenue had been up from 1Q/14, Perlowin would be talking about it by now, and he isn't.
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