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VoiceofModeration

12/10/19 1:22 PM

#114955 RE: ChanceVision #114949

Quote: " If you look at their history compared to some, ..."

Pretty much you have said about Hemp, Inc., I am in full agreement with. As for the part about "get current and officially start filing.", I am not sure what you mean.

Hemp, Inc. does file quarterly and annual financial reports, even thouth it is not required to as a micro company on the pink sheets. Bruce gets criticism for sloppy bookwork, but the fact that he does file (even though not required) should say something about transparency.

The inference that Hemp, Inc. shoud "officially start filing", I fear, is suggestive that they should try to gain regular exchange status. That is the achilles heel of most all small companies. They hope and pray for the day that they can get on a major exchange so they will be seen as a viable company. But, alas that is not the usual outcome.

If Hemp, Inc. were to get up to the minimum $1 mimimum PPs to get Nasdaq listing, if their price would take a dip, they would receive a letter stating that they must do something to bring their price back up to above a dollar -- or face delisting. A reverse-stock split is usually the only alternative that most small companies have. So, they go for the RSS, only to see their PPs soon to drop back to pre-split level. But, unfortunately now with only a fraction of the Market Capitalization as previously.

Therefore, I would never encourage Hemp, Inc. or any of its investors to encourage the notion of getting on a regularily listed exchange. The fix is in for small companies. I believe Hemp, Inc. is a niche company operating in a popular industry. We don't really need a major-exchange stamp to do well. And we certainly don't need a major-exchange-forced reverse-stock split.

PianoForte

12/10/19 2:30 PM

#114956 RE: ChanceVision #114949

thanks, ChanceVision for the analysis.