Wednesday, January 10, 2018 11:20:40 PM
QUOTE: "" Where is money going, Panzer?"
""Property, Plant, Equipment, Direct labor, Direct Materials, Utilities, Construction, Taxes, Legal Fees, R&D, Shipping/Transportation, Inventory, Permit and Registration fees, Packaging, Marketing/Advertising, IT/Web, Travel, Insurance, Interest, Rent, Repairs, Telephone Bills, Supplies, and other miscellaneous expenses related to developing the largest multi-purpose hemp and kenaf processor in the western hemisphere.""
Sorry the costs to create 10-20K of revenue are negligible.
The above mentioned all in could not add up to $1,000,000 per year for what this company does--and that is OVERPAYING staff--in a gross negligent manner and paying for many useless props.
Panzer, HEMP has millions of dollars of product in stock, and a fresh new 2018 crop with even more hemp coming.
Sorry have to disagree. Kenaf is running Bulk at about $0.013 per pound in the USA, and that is shifted and bailed, but not delivered.
There is NO market for the hemp. Period. The little tiny amount of hemp that HEMP INC controls has no real value. Ditto Kenaf. The hemp cannot (now) be processed somewhere else in the country for BAST fiber, and the stalk is worthless. 2017 a loss, 100%
No CBD oil, the uninformed at HEMP failed to follow growing protocol for soil contaminants and they can't sell it--as is painfully obvious by no sales
Panzer, this is why companies sell shares to public in exchange for equity in future sales.
The access to capital markets WAS the idea of the OTC, however this company has sold stock--NOW ABOUT 6 BILLION SHARES--and done nothing. There are no future sales for this company--they missed the opportunity. Badly.
Panzer, HEMP starting to sell product.
No it isn't. The "sale " of LCM was to a ranch--a cattle ranch in Texas-- and they have nothing to do with OIL--but -- they now own a LOT of HEMP SHARES--(hence the answer to the shutdown of the Transfer agents report)-- to keep you blind to the bribes, payoffs and dilution.
Panzer, HEMP is multi million dollar company entering trillion dollar market.
No and No, Hemp inc is a 10 million market cap scam that vacillates 150% in shares price UP and then DOWN in weeks.
Closely held SCAM--classic definition in the industry.
While Medical and Recreational Cannabis will be a Billion dollar industry (I know I'm in it) Hemp is already on the wain, no demand --can't sell what is grown--just read the 2017 USDA recap on the crop.
Hemp the wild noxious weed that hasn't a place in 2020 America--sorry that is the fact of the matter.
HEMP$
No, JAIL$
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM