Pets, hemp, doppelgangers, CEO's,...........
Seems that pets and hemp are getting a lot of press lately or maybe I am just noticing it more. In my
July 19th post I mentioned True Leaf (TL) and their hemp pet treats, well there is an
interview with their CEO put out today by Rockstone Research Ltd. It is an interesting read....I did at one point start to wonder if I was reading an interview with Craig. Each company CEO when talking about pets, hemp, and the potential growth, their respective company valuations, buy outs, etc...... you would almost swear they are reading from the same script.
I don’t think that TL was at
Super Zoo 2015 in Las Vegas but has been hitting the conferences and exhibitions - this is TL’s CEO’s comment:”We were blown away by the response at the exhibitions, it was fantastic to see such a reaction from everyone who came by our booth.”
Sounds pretty close to what Craig has said in the past about the reaction to PawsitiveFX. In yesterdays CFN interview at ~ 7:12 minute mark Craig talks about just getting back from Super Zoo and they made many great contacts there
regarding retail lines and ingredient opportunities and he believes NSP will see many great developments in the very near future.
Yes, I know a CEO should be positive and put the best “spin” on their company and its products/services. If you read enough and do some DD on the pet industry and what pet owners spend on their pets well you just might start to believe that the current and future PawsitiveFX line will surprise us all. JMO.
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I forgot to add this to my last post about the WO forum. The more I read the WO forum the more I believe we all have a “
doppelgnger” somewhere. The word
doppelgnger is often used in a more general sense to describe any person who physically or behaviorally resembles another person. It appears that some of this board’s posters have
doppelgngers living in German speaking countries and posting on the WO forum.
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Still concerned about NSP share dilution? Really? Read the following and you might change your mind.
Hemp Inc (OTCMKTS:HEMP) Performs A Reverse Split - by Anastas Gegov July 31, 2015
Just like many other pot stocks Hemp Inc (
OTCMKTS:HEMP,
HEMP message board) wasn’t doing well since the legal marijuana hype from last year dissipated. The company did manage to make an impressive climb earlier this month, but quickly returned to its downward slide.
One of the reasons for which
HEMPcouldn’t hold its ground was the fact that the company’s market cap of over $40 million was already looking quite steep when you compare it to what the contents of its books were. Here are just some of the numbers that were contained in the company’s report for the first quarter of the year.
- cash: $632 thousand
- current assets: $2.3 million
- current liabilities: $2.27 million
- quarterly revenues: $6,223
- quarterly net loss: $1.08 million
But even more troubling was the massive dilution that
HEMP underwent in the recent past. As we have written before,
the company increased its authorized shares from 3 BILLION to 5.5 BILLION after reaching an outstanding share count that surpassed 2.7 BILLION as of March 31.
And even though the company stock received enough breathing room we see that
HEMP has executed a 1 for 10 reverse split today that should have reduced the outstanding share count to around 270 million. This, of course, leaves quite a lot of room for further dilution and considering the massive amount of outstanding shares that the company has we might see it very soon.
Meanwhile, yesterday session ended with a 13.33% loss and
HEMP closed at $0.013 with a total of 26 million traded shares and a daily dollar volume of $352 thousand.
HEMP is sitting at this price since today’s market open as well and only time will tell where the ticker will go from here on
Follow up article – Aug. 4th, 2015 – if interested
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It gets even better - go to the OTC website to get a quote and this is the warning you see!
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“Living in the sunshine”
Always DYODD
DKM