Hot Stocks pointed out one major problem
This time the pump hasn't worked.
In the early days everybody jumped in with the buzz words hemp, MJ, cannabis whatever. Leaped before they looked--and these were individuals easily impressed and full of naive hope. And greed.
To keep something like HEMP inc. going requires institutional backing--and that isn't going to happen. Pro's know what this is about--they know Perlowin, the history, the type of filings he hides behind, his initial cash out in 2/2014 -- they know it all.
Despite bobbing and weaving and a 10:1 reverse--this stock is still crushed, the company has no value, no management--they are clueless about agriculture--but they wiggled their way into a few NCGA pockets with CASH (investor cash no less) AND KEPT IT GOING-- TILL NOW.
Here is where the rubber meets the road. Hemp is legal, the Temafa decorticator is supposed to be running now or in 30-60-90 days, take your pick. After that there is no excuses. So what will they do?
Answer is easy.
Seen the kenaf harvest video? Bruce on the tractor? I think its still up, but after this post it probably will come down. Notice anything. I know 99.9% of investors aren't growers--but use common sense here. Look closely. Got It?
That tells the whole story of Bruce Perlowin, Hemp inc, and the future in about 13 seconds of footage. The great Magician made a mistake, because he didn't know any better. Poetic. Real. Truth.
As always JMHO, GLTA!~
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