Hemp Inc (HEMP)

[Alan Brochstein]

Forget the DEA! This stock has nothing to do with anything but insider selling. What does the company sell? Their sales in 2012 were less than a person gets on welfare, for crying out loud!

HEMP only pops when Bruce Perlowin's broker takes his finger off the sell button, perhaps to use the restroom or to grab some coffee.

They can try to paint all the pictures they want, like selling 1mm shares at .012 and then a teeny buy above .013, but just watch where the the volume trades take place.

HEMP: Going sub-penny, where it belongs...

HEMP: Domain value is maybe $10mm. But, subtract out the debt of the company, and it goes down. I use about 5 billion shares, because I am sure that Bruce Perlowin will figure out a way to get all of his Preferred K (converts into 10 shares each)turned into common stock. The A/S is 3 billion shares, so let's just use that instead. That gives a value of 3/10 of a penny. But, if Bruce Perlowin keeps printing stock, that number goes down. If he does a reverse split, then he can convert his shares easily. I have detailed the Special K Scam, but be careful, as he has another weapon: The Q Preferred. It converts at 100:1. I will call this the Quicksand Scam - hopefully for the remaining shareholders he doesn't go that route...