Hemp Inc (HEMP)

[ChanceVision]

If you look at their history compared to some, at this time, I would rate it a moderate buy with good future potential. It has been rated as a long buy by some and at this point and I would have to agree. We may see a pop in PPS with pre-roll sales coming, but I don't think any big moves will occur until this March when the quarter ends. And, that's a big maybe... That is when they report revenues and will have a better idea as to how much the crop is actually worth. Ultimately, said revenues need to be official filed with the SEC and OTC for major buyers to come in here.

I feel HEMP will perform well over time, but it could be a while before we see any real movement. We need a major catalyst like good earnings and getting current with the markets. Not sure if revenue alone (stated in a press release and not officially filed) will move the price very much. I would think that the PPS should pop up some after good earnings, but it's hard to say.

I just sold out of a hemp company in which the company was showing decent revenue, but the price stayed low because it is not officially filing with the SEC or OTC and no other news has come about to move the PPS up. There were little pops in the PPS over the past few months, but that's about it.

I think people are aware of the potential here and are waiting on the sidelines, but without being current with the SEC and OTC I'm afraid the price will continue to reflect that and stay at low or moderate levels. Investors want proof of earnings and this is the only way to show it.

With the price being as low as it is, I think it's a good time to buy as I do not see it going any lower from here on. You would think that some major buying would come in here now with the potential of this company, but I'm afraid it all comes down to officially reporting revenues and business activity.

I am hopeful that Hemp Inc will start doing the right thing and get current and officially start filing. This will be a major catalyst IMO.

Rock On $HEMP!