Monday, May 02, 2016 6:14:08 AM
It's a startup, and the target price is hard to define.
Talking about historical prices is a problem in a ordinary pink sheet, in this case is absolute fantasy.
Anyway, the actual market value (15 mio$)doesn't cover the value of the plant, and in my opinion is underestimated for 30/40%.
http://www.otcmarkets.com/stock/HEMP/profile
http://mmjreporter.com/hemp-inc-otcmktshemp-named-as-company-of-distinction-by-growpro-daily-1460/
The decortication/milling plant has a productive capacity equivalent to 40/50 millions$/year, on three shifts.
We are waiting for 2 critical announcements: the first big contract and the completion of the plant.
The plant can work with hemp and kenaf (or similar fibers) and there are in stock millions of pounds of kenaf.
The Company has a youtube channel where you can find the progresses (30 videos !):
https://www.youtube.com/user/HempIncPresents
http://hempinc.com/blog/videos/
Facebook page:
https://www.facebook.com/hempinc
Bruce Perlowin's facebook page:
https://www.facebook.com/bruceperlowin
That's my report, updated to 10/31/15,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118146273
About Bruce Perlowin, i think is simply the greatest expert in the sector.
Of course, he "traded" cannabis when that product was illegal, but now is different, and his experience (and his name) can make the difference.
Probably you don't remember that in the plant exist a large refrigerated area : the decortication line is only the beginning, and the terrain near the plant can change cultivation ...
Good reading!
C65
Talking about historical prices is a problem in a ordinary pink sheet, in this case is absolute fantasy.
Anyway, the actual market value (15 mio$)doesn't cover the value of the plant, and in my opinion is underestimated for 30/40%.
http://www.otcmarkets.com/stock/HEMP/profile
http://mmjreporter.com/hemp-inc-otcmktshemp-named-as-company-of-distinction-by-growpro-daily-1460/
The decortication/milling plant has a productive capacity equivalent to 40/50 millions$/year, on three shifts.
We are waiting for 2 critical announcements: the first big contract and the completion of the plant.
The plant can work with hemp and kenaf (or similar fibers) and there are in stock millions of pounds of kenaf.
The Company has a youtube channel where you can find the progresses (30 videos !):
https://www.youtube.com/user/HempIncPresents
http://hempinc.com/blog/videos/
Facebook page:
https://www.facebook.com/hempinc
Bruce Perlowin's facebook page:
https://www.facebook.com/bruceperlowin
That's my report, updated to 10/31/15,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118146273
About Bruce Perlowin, i think is simply the greatest expert in the sector.
Of course, he "traded" cannabis when that product was illegal, but now is different, and his experience (and his name) can make the difference.
Probably you don't remember that in the plant exist a large refrigerated area : the decortication line is only the beginning, and the terrain near the plant can change cultivation ...
Good reading!
C65
