Hemp Inc (HEMP)

[amateurinvestor]

Who is the big stock "shorter"?

Your message about B/Ds or anybody else shorting HEMP stock is nonsensical for a number of reasons:

First, it is illegal to naked short any stock period.

Second, as GAILM has explained many times, it is not possible to short HEMP stock because of the financial regulations that he has pointed out. Thus, shorting HEMP stock is illegal, period.

Third, you have failed to name any one person or entity that is currently shorting HEMP stock. If you do know anybody, you should forward their name to the SEC as they would be very interested in this information for prosecution.

Fourth, even if what you allege were true, then you are insulting the intelligence of Bruce Perlowin. Bruce is a criminal but he isn't stupid. He knows very well what the B/Ds or anybody else will be doing with the new stock that he issues into the open market.

Fifth, the fact of the matter is, that Bruce Perlowin himself is the big shorter that you always complain about. By constantly issuing new shares into the market, he is effectively shorting HEMP stock in a massive way. Since he sells the stock without any need to buy it back, it has the same effect as engaging in a short selling transaction. And, as others have noted, you can bet your bottom line that he is never going to do a share buyback.

In summary it is Bruce Perlowin who is the big "shorter".