To clarify, none of these statements mean that the company is doing anything illegal -- or that they won't share some major updates in the next 60 days that excite the financial market and raise the share price. These are just the only decisions made by management that have been shared with us, this is the narrative they seem to want for their company.
Well your probably right about the funds being used for the stevia/aquaculture operations but I'm not upset with that. That is the only thing making money .. Realhemp is just a subsidiary and the source of "future" revenue. Its always been about the stevia operations to push out impressive balance sheets.
So with that said it seems like we should see 9m+ in revenue from this upcoming quarterly? You cant complain about money being raise to grow operations by 50%. So lets see what the market thinks of a 3rd 1Q stevia harvest with 50% or more growth year after year.
But at this point .. I don't feel invested in any hemp operations until they appear on a balance sheet. Its not a Ponzi scheme its a good brand they just way overstepped their timelines in a very difficult product.
I don't think I would be a fan of the company split. The subsidiary doesn't even have a penny of revenue yet so that is clearly something they are looking at down the road. I'd imagine that if the IPs and bulks sales really took off they would be able to make it attractive as a separate company ....but Im not a fan. Their PR stated they would consider the possibility. I take that as adddressing shareholders for looking for a way to really separate the fact that no one knows that realhemp is investible through stevia corp. They really want to brand just that. Who knows. Its all just a guessing game.
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