Hemp Inc (HEMP)

[Det_Robert_Thorne]

DrillWall customer is former HEMP VP, Robert Hughes

In yesterday's press release about the 1-year sales agreement for $1M of DrillWall, HEMP CEO Bruce Perlowin didn't include the name of the buyer. Thanks to the photos and videos he posted on Facebook yesterday, which I didn't see until late this morning, I've determined that the customer is OHS Resources, a Texas company headed by former Hemp, Inc VP of Sales and Marketing, Robert (Bob) Hughes.

Here are the clues that led me to this conclusion:

1) One of the videos shows a semi and trailer with the logo, Erives Enterprises, which is a transportation services company in El Paso, Texas:

http://erivesenterprisesinc.com/


2) I recalled that a couple of years ago, HEMP announced that it had received orders for DrillWall from a company in Texas, so found that press release, which said that the product would be sold under a private label:

https://www.hempinc.com/hemp-inc-s-marketing-division-full-swing-first-purchase-orders-come/


3) I googled "kenaf", "lcm", and "texas". The third result was OHS Energy Corporation, AKA, OHS Resources, a name that I recalled seeing a back in 2018. OHS sells "WellWall", made of kenaf. On the site, they have a downloadable brochure for the product.

Here's a screen grab of part of the last page of the brochure. Note that the CEO is Robert Hughes, former Hemp VP of Marketing and Sales. Hughes was the CEO of Kenactiv Innovations, which went bankrupt manufacturing and selling DrillWall:




That's all fine and dandy, one might say, but where is the proof that WellWall is the private-label product that Hemp is shipping?


4) That's where Perlowin's still photos of the pallets on the truck come in. Here's the top part of the first page of the WellWall brochure. Note the blue WellWall logo:



Now, compare that to the logo on the bags in this enlarged and sharpened image cropped from one of the photos of the load in the trailer at Hemp's Spring Hope facility:



I think that it's pretty safe to conclude that Hughes' OHS Resources is the buyer, with HEMP bagging the DrillWall under OHS's WellWall brand.

I wonder how much HEMP received per bag? It's probably considerably less than the company would make by selling it under the DrillWall product name. What would be the profit margin for HEMP on something like this?


Finally, I hope that this doesn't stop Bruce from continuing to post revealing photos on Hemp's Facebook page.