Replies to post #121820 on Hemp Inc (HEMP)

[amateurinvestor]

HEMP trading volume

So the OS for HEMP has increased by 1.47B shares in the month of July. If you divide that number by the 20 trading days in July, that would be an average of 73.5 million new shares issued for each trading day. If all of those shares (or an equivalent number taken out of restricted status) were sold into the market on those days, then the average number of shares traded in HEMP for the month of July would have to be greater than or equal to that. Since the actual average trading volume for July has been reported as 67.7 million shares, then not all of those shares have been sold into the market.

However, I believe this goes a long way to explaining the trading volume for HEMP.