Sunday, February 23, 2014 1:06:05 AM
Per the agreement, Webxu, Inc. will pay an initial professional consulting fee of 8,000,000 shares of their common stock and then for each renewable term of the Agreement (a total of 3 years) an additional 2,640,000 common shares made payable to Hemp, Inc., on a quarterly basis. Based on the market closing price yesterday, the agreement equates to $312,000.00 down and $1,235,520.00, over the course of 3 years, for a total of $1,547,520.00 in profit for Hemp, Inc.
Per the agreement, Dewmar International BMC, Inc. will pay an initial professional consulting fee of 30 million shares of their common stock and then for each term of the Agreement (a total of 3 years) an additional 10 million shares made payable to Hemp, Inc., on a quarterly basis. “Our consulting division is booming. Based on day before yesterday’s closing price, this agreement, worth about $1,200,000, has created more revenue for Hemp, Inc.’s first quarter. Based on Dewmars current stock, our initial consulting fee was equivalent to $240,000 in stock. It also creates a stable 3-year quarterly revenue … $960,000 over the next 3 years, adding great value to Hemp, Inc. and its shareholders,” said Bruce Perlowin, CEO of Hemp, Inc. Hemp, Inc.’s IHMMCC also has a similar agreement with Resource Ventures, Inc. with similar terms.
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