Hemp Inc (HEMP)

[worldisfullofDerps]

CIVIL case opened June 2016. It's July 2019...

and still awaiting FACTUAL MATTER aka EVIDENCE presented on behalf of plaintiff to support basis of original complaint. NOT an open and shut case. SEC still twiddling everyone's thumbs as case crawls to a stuporous jury, wasting everyone's time and money on a weak, bogus tip my disgruntled whistleblower.

Perlowin, Barry K. Epling and two entities he controls, Ferris Holdings, Inc. and Hobbes Equities, Inc., are accused by the Securities and Exchange Commission of a “comprehensive, years-long scheme to defraud investors and evade securities law by selling restricted shares of Hemp without registering the sales,” according to Forbes.com.

Perlowin asserted that he did nothing of the sort. The specific accusation against him for gifting stock to someone, that person selling the stock and then loaning those proceeds to the company isn’t true, he said.

That matter should be in court next year.

If he ends up being found guilty it’s a civil offense. He won’t end up back behind bars.

It's baked in to the price.

Carry on...