Replies to post #86692 on Hemp Inc (HEMP)

[@realToothFairy]

It’s all a available with basic DD.
Just more PR’s and fake news put out by HEMPINC that never comes to fruition, been going on for years, all competent investors know this.

QUOTE:

According to CourtHouseNews: “Essentially, the men gave hundreds of millions of unregistered Hemp shares to one another, and to their companies, to be sold into the market, the SEC says.”

A June 20 SEC complaint states: ”The defendants' scheme involved, among other things, the use of nominees, phony gifting of stock, bogus consulting agreements, and forged documentation, all of which were utilized to avoid registration requirements and sell Hemp securities.”

"This long-running and profitable scheme resulted in the sale of hundreds of millions of unregistered and purportedly unrestricted Hemp shares to public investors," the complaint states. "The execution of this scheme involved, among other things, purported gifts and consulting agreements that do not appear to have been bona fide and fraudulent statements made to commission-registered broker-dealers.”