"Overpromised" is generous I'd say mismanaged and cost shareholders and the company money. As I stated no issue with rejecting it when it arrived and was unusable but to have done this much leg work and gone out on a limb as far as PRing confirmed orders without any quality control is ridiculous. So they were working with a Chinese partner to acquire goods confirming orders for sale of said goods and PRd they will be filling those orders in October and launched a website and subsidiary to support in in September...and never checked to see if it would be usable? They are located in Asia and were no doubt working with these ppl so yeah I expect a multimillion dollar public company would have done this basic DD such as product or soil testing before putting the company out there. C'mon man this is exactly what the problem is who's running this place and how good at it are they when you factor in the above epic fail and lack of communications etc big surprise at the pps, huh?
PR 7/11/14: www.marketwatch.com/story/stevia-corp-prepares-for-fall-hemp-harvest-2014-07-11
Subsidiary to Set up JV to Apply for Cultivation and Processing License
INDIANAPOLIS, IN, Jul 11, 2014 (Marketwired via COMTEX) -- Stevia Corp. (otcqb:STEV) ("Stevia Corp" or the "Company"), an international farm management company focused on the commercial development of natural products that support a healthy lifestyle, including stevia and hemp and their extracts, is pleased to announce that it is preparing to fulfill commercial orders for hemp products following the upcoming Fall harvest.
Real Hemp LLC, Stevia Corp's wholly owned subsidiary, is confirming orders from US manufactures wanting to purchase hemp products and is preparing to fulfill these orders when the current hemp crop is harvested beginning in October 2014.
While hemp is not approved for commercial growing in the US, we will work with our partners in China to meet the growing demand and develop the technologies that will be needed for efficient post harvest processing in the US once production is approved."
Real Hemp is also in the process of setting up a joint venture company in China to apply for an industrial hemp cultivation and processing license. The license includes commercial extraction of CBD and will enable development of further science and technology in this area.
George Blankenbaker adds, "The laws in China, as in many countries, are very strict regarding the growing and transportation of hemp plant material and the extraction of cannabinoids from hemp. However, our local Chinese partner meets the requirements to apply for a cultivation and processing license and the JV company will be able to obtain the license for commercial production of all parts of the hemp plant including the extraction of CBD and other non-psychoactive cannabinoids."
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