Hemp Inc (HEMP)

[worldisfullofDerps]

Yep, nothing wrong with the share structure under current circumstances.

Or, I should say, "historical circumstances". Bruce had to unload a lot of shares to build out the infrastructure. It's what you'll find within the fins as "stock issued for services". That all changed beginning 2019, and here we are now, almost 5 months since Trump's signature hit the bill.

For example, at today's price, Hemp's equity value is modestly above $100M. Ok, seems like a lot, but let's do the math.

4,551,373,511 x $0.0235 = $106,957,277.51

Again, seems like a lot. $100M is a lot of "today's value" in share equity.

But! Let's look closer.

Canopy Growth To Buy Acreage Holdings In $3.4B Deal

I mean, $3.4B is like 31x HEMP's stockholder equity, and 170x Mkt Cap.

A share buyback is going to help lift and support the price. It's a good mechanism, and strong message that the company believes in its future. If the price goes up, great. Hemp can keep buying on the way up, which will likely tapper-off once things start to take course.

Funny, cause some wanna think Bruce is doing himself favors by unloading more stock, but it doesn't. Diluting hurts the PPS, no doubt. But Bruce also owns 31% of the company, and, as majority shareholder, doesn't want to see his stock value drop anymore than we do. He is working to make it go up a far as possible, but, in the interim, has to finance through selling shares.

Again, now with Hemp off the federal scope, companies like Hemp Inc and their customers are going to have a heck of an easier time producing industrial hemp. Remember when it was almost impossible to bring seed into the state? Now seeds go coast to coast, and the banks will help get it there.

Not going to see a R/S, unless it's a tactic to up-list.

Let's get the SEC thing out of the way, then see how that changes Bruce's persona. Stigmas are stigmas. Nothing so far...