Hemp Inc (HEMP)

[Det_Robert_Thorne]

Yes, some probably new issues and share conversion

Yes, much of the increase in the OS is likely due to shares issued to Bruce (for consulting) and debtholders like John Fife for debt repayment, and those shares are probably restricted for a time. The dumping we see is probably shares coming off restriction.

Still, those 1.47B shares issues in the last month will eventually be sold once they're off restriction.

BTW, HEMP still hasn't filed the attorney letter covering the unaudited 2022 annual report, is nearly 3 months late in issuing its 1Q/23 disclosure statement, and in another couple of weeks, the 2Q/23 disclosure will be late as well.