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Re: secret time post# 52031

Friday, 12/19/2014 8:56:44 PM

Friday, December 19, 2014 8:56:44 PM

Post# of 122017
Exploded last year due to alleged criminal activity

Similarly, the SEC alleges that Hawatmeh, Galas, and Mrowca bought and sold approximately 41.7 million shares of Hemp Inc. in January and February 2014 while the stock was actively promoted on the Internet. For example, one Internet tout on February 6 claimed that Hemp could reach “a REAL Possible Gain of OVER 2900%.” During the promotion, Hawatmeh, Mrowca, and Galas engaged in manipulative wash trades and matched orders to manipulate Hemp’s common stock before selling their shares for illegal gains.


http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370542594818#.VJTWP_8w5ds

That activity probably won't happen this year.

Hemp's financials are very, very bad, and the decorticator won't help much in 2015, especially since it's illegal to grow industrial hemp in North Carolina, where the plant is located.

All they will be able to process will be the remaining 1/3 of kenaf that wasn't moldy, and any they'll be able to get at the end of the 2015 growing season.

Expect HEMP to continue to lose money in 2015, while increasing the number of outstanding shares.

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