Replies to post #55386 on Hemp Inc (HEMP)

[Det_Robert_Thorne]

Let's break that down, point by point

Even if the company owed him money, woopdiedoo, he has more shares than what to do with already anyhow.

HEMP does owe Perlowin $1.2M, which is a fact. If he takes shares as repayment, it means massive dilution. If he sells the shares held on the balance sheet then repays himself with that cash, then 1/3 of the assets on the balance sheet are gone.

He has donated millions of shares to various organizations.

Completely irrelevant to the discussion of HEMP's financials and the effect of Perlowin's management on shareholder value.

He is not greedy.

Nobody knows what is going on in Perlowin's mind.

His goal has been to create value to the stock, reinvesting what he has made, and making the company grow.

Then so far he is failing. As to the reinvestment, he only appears to reinvest a small portion of the cash received by selling his shares, and since the the reinvestment is a loan, he eventually ends up with more shares and percentage ownership of the company than he started with.