Wednesday, May 24, 2017 6:49:56 PM
Well no matter how little seed arrives and is planted, one thing is for sure--HEMP inc and Bruce Perlowin have problems.
Fortunately for Bruce the amount of seed heading to NC looks to be too little to even cover just HEMP incs MOI's, LOI's Contracts and JV's announced the last 18 months.
Just forgetting March 2016 proclamation by CEO Dave that 40,000 acres would be planted in NC--no, its the other concern for the 6,000 or so acres that all the announcements HEMP inc made saying how much hemp it was getting its hands on. Rest easy that didn't happen either.
Or the fact that the decorticator won't work?--no not that but good guess .
The big FEAR?
Well now that seed with a price (unknown now but will be reveled) has shown up and even just 1 acre getting planted, the financial pundits NOW have a way to get prices, values and input--to how much the whole process will make (or lose) money.
No longer the Dark abyss of financial forecast, the process will open up and VALUE will be determined --FINALLY--and everyone will see if the $50,000,000 paid in capital will pan out.
NOPE.
But NOW everyone will have to accept the facts--and that is a day I have LONG awaited for.
So I say --- hey you got seed for 100 acres--PLANT IT!!--no delay, and lets see if the forecast of $789/acre holds any water at all.
There are two people who know better. The writer of this post--and the guy in that office tonight saying over and over--the end game is here! Now what! LOL, oh yeah!!!!!!!!!!!!
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