Replies to post #99126 on Hemp Inc (HEMP)

[Panzer]

Its challenging to know since the TA gagged and HEMP never reports float numbers on their filings.

In 2017 De_Robert used to call the TA and the figures we're pointing to approximately 1.7 billion shares annually.

It can't be that far off actually since the float is nearing 4 billion.

[Panzer]

Let's say HEMP dilutes 5,000,000 shares a day which is probably very conservative.

5M X 252 trading days a year = 1,260,000,000 shares a year.

So between 1.26B-1.7B new shares a year.

The stock sale proceeds would be between $31,500,000 and $42,500,000.

Wonder where all the money is going each year considering there are only about 13M in assets on the books.

Thoughts?