Replies to post #111810 on Hemp Inc (HEMP)

[Gailm]

The Stock fraud case has zero correlation to today's price.

And having read the last 58 page opinion from the Judge on the case it is clear HEMP AKA Perlowin has Plenty to worry about.

Putting that aside the issue is real simple.

9,000,000,000 shares have been issued by this company since 2012.

Where is it? Where is that value? EVEN at 1/2 a cent would be $45,000,000. and the more typical 0.013 cents that would represent
$117,000,000---where did it all GO???

Especially since --as some want to point out--its only be nationally legal to grow hemp for 7 months.

Making matters worse there is no Audited financials so we REALLY don't know the real value of assets, how much the aggregate loan value is on the assets or WHAT the real value of "Revenues" are.

This company has in the past--booked $7,500,000 in Consulting Revenue--and then had to write it all down--because the payment was all made in 144 Piece of Crap(s) penny stock--which all tanked!

You can bite people just so many times before they get cautious--and that time has arrived.

The SCAM has revealed itself, and its time left is precious little for Bruce.