Hemp Inc (HEMP)

[amateurinvestor]

The industrial hemp market size would be meaningful if HEMP, Inc. were involved in the industrial hemp industry. As others have explained before, HEMP is not involved in industrial hemp or any other hemp related market in any significant way. That is why they are consistently losing money quarter after quarter, year after year.

Bruce Perlowin has made and is making tons of money by pumping out press release after press release to fool naive investors while consistently selling more newly issued shares each and every quarter. I understand that there are over 14 billion shares outstanding right now, but the number of authorized shares stands at 40 billion shares. Therefore, he can nearly triple the number of shares outstanding without any need to do a reverse split. The continual issuance of more and more new shares will naturally drive the price of the stock down lower and lower; this is basic economics, supply and demand.

People who are obsessed with the idea of a reverse split don't seem to understand that a reverse split in itself doesn't do any damage to them. It is the issuance of more and more new shares that has already done the damage to their investment before a reverse split ever happens.

Amateurinvestor