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Re: freemoneyfella post# 111809

Monday, 07/22/2019 2:35:01 PM

Monday, July 22, 2019 2:35:01 PM

Post# of 122024
I've looked at the charts, plenty of times. See my previous posts because I've been around since the early days of HEMP. I don't like it either, but they are the company that has all the eyes on them. The SEC trial is wrecking them, but it's been dragged out and neither party is budging. HEMP has a good chance at coming out of the investigation just fine. These proceedings take 2-4 years and we are coming up on the backend. The longer it's carried out the better chance HEMP has to win. if they do the stock will soar.

"A handful of recent SEC defeats in administrative proceedings have caused us to question the conventional narrative that the SEC has a distinct “home field advantage” before its own administrative law judges. According to analysis conducted by the Wall Street Journal, the SEC had a 90% win rate in contested cases it brought before its ALJs from October 2010 through March 2015, while it prevailed in only 69% of federal court trials over the same period. After the SEC lost five high-profile insider trading trials in 2014, this narrative seemed to fit."