Replies to post #121198 on Hemp Inc (HEMP)

[amateurinvestor]

There's nothing wrong with wanting a stock you're invested in to win; nor did I criticize that in any way. I believe there is a future for the hemp plant and that is why I bought HEMP stock 4 years ago. I was taken in by Bruce Perlowin's PR machine and his master conman skills. However, after doing my DD and learning from the posted research of GAILM, detective Robert Thorn, and others on this forum, I came to realize that this company is a scam intended to separate foolish retail investors from their money. Hence I sold all of my shares at a small profit with no intention of buying HEMP stock again.

Why do I continue to follow this stock? For a number of reasons:
1. I want to see how long it takes for this scam to be shut down. If you have seen my previous messages on HEMP, then you know that I expected this scam to already be shut down at this point. With all the obvious evidence available, I am surprised that the SEC has not shut this down already. Nevertheless, I understand that brokers such as Ameritrade have informed their customers that they will only execute sell orders and not buy orders for HEMP stock. If the SEC doesn't shut it down, I want to see how long it will take for the market value to merge with the intrinsic value (0) of the stock.
2. I believe I have a small role to play in helping newcomers doing their DD on this stock to realize that this company is a scam and will protect themselves by refraining from buying this stock.
3. I want to see Bruce Perlowin & accomplices prosecuted for the fraud they have committed against the investing public. It angers me that crooks like Bruce get rich by defrauding the investing public.
4. It is instructive and entertaining to see how people can be deceived by a scam like this, and to see people defend their bad decisions. And people often resent the very people who are trying to help them see the fraud they have gotten involved in.

If you are a bagholder in HEMP stock, you have my condolences. My only recommendation for existing stockholders is to sell your shares while you can still get something for them. I believe that the longer you hold your shares, the worse it is going to get. My recommendation for traders who don't care about the hemp plant and HEMP Inc. is to find a better trading vehicle to use than HEMP stock. It is not worth the risk to trade HEMP stock when there are much better stocks to trade than HEMP.