{"id":5411,"date":"2014-12-11T16:15:14","date_gmt":"2014-12-11T16:15:14","guid":{"rendered":"\/?p=5411"},"modified":"2014-12-11T16:17:18","modified_gmt":"2014-12-11T16:17:18","slug":"hemp-inc-otcmktshemp-makes-a-recovery","status":"publish","type":"post","link":"\/articles\/hemp-inc-otcmktshemp-makes-a-recovery\/","title":{"rendered":"Hemp, Inc. (OTCMKTS:HEMP) Makes A Recovery"},"content":{"rendered":"\n<p style=\"margin-bottom: 0in;\"><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/88\/88761\/afsdfsadfa.png\" border=\"0\" width=\"440\" height=\"196\" \/>Hemp, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HEMP\">HEMP<\/a>) managed to add 10.75% to its market value yesterday, in spite of the lack of news and the company&#8217;s unenviable overall state. <\/p>\n<p style=\"margin-bottom: 0in;\">In elaboration &ndash; even superficial due diligence could reveals that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HEMP\">HEMP<\/a>&#8216;s <\/strong>financial standing isn&#8217;t something to brag about. Here&#8217;s what the company&#8217;s latest financial report, for the period ended Sept. 30, 2014 showed:<\/p>\n<ul>\n<li style=\"margin-bottom: 0in;\">Cash &#8211; $1111 cash<\/li>\n<li style=\"margin-bottom: 0in;\">Current assets (not counting equity) &#8211; $1 million<\/li>\n<li style=\"margin-bottom: 0in;\">Securities held for sale &#8211; $4.1 million<\/li>\n<li style=\"margin-bottom: 0in;\">Total current liabilities &#8211; $957 thousand<\/li>\n<li style=\"margin-bottom: 0in;\">Sales &#8211; $14 thousand<\/li>\n<li style=\"margin-bottom: 0in;\">Net loss from operations &#8211; $2.3 million<\/li>\n<\/ul>\n<p style=\"margin-bottom: 0in;\">There is just no way around it &ndash; the statistic is depressing, and it only gets worse.<\/p>\n<p style=\"margin-bottom: 0in;\">A glance at <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HEMP\">HEMP<\/a><\/strong>&#8216;s OTC Markets profile page reveals the fact that it currently has 2.6 BILLION shares outstanding out of 3 billion authorized. Which means that it has issued more than 800 million shares since December.<\/p>\n<p style=\"margin-bottom: 0in;\"><img decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/88\/88761\/dsaffasdfaweerwewewew.png\" border=\"0\" \/>Yet, in spite of all these red flags, many investors are obviously optimistic about <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HEMP\">HEMP<\/a><\/strong>, In spite of its lack of achievements to date.<\/p>\n<p style=\"margin-bottom: 0in;\">Another OTC Markets marijuana-stock company that is currently rising in spite of its continued lack of success is American Green, Inc. (OTCMKTS:ERBB).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hemp, Inc. (OTCMKTS:HEMP) managed to add 10.75% to its market value yesterday, in spite of the lack of news and the company&#8217;s unenviable overall state. In elaboration &ndash; even superficial due diligence could reveals&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[228],"class_list":["post-5411","post","type-post","status-publish","format-standard","hentry","category-news","tag-hemp"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=5411"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5411\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=5411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=5411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=5411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}