Hemp, Inc. (OTC:HEMP) is pleased to announce it has issued more
than $240,600 in stock dividends to its shareholders last week
resulting from the strategic decision to spinoff its non-core
company, BioAdaptives, Inc. (OTCBB:BDPT). While having been a fully
reporting company for some time now, BioAdaptives, Inc. was just
cleared for trading last week which made some pretty "jubilant"
Hemp, Inc. shareholders, according to Hemp, Inc.'s CEO, Bruce
Perlowin, as it grew to over $9,000,000 within 3 days.
Shareholders owning common stock as of record date January 14,
2014, were collectively issued 2,015,000 shares of BioAdaptives,
Inc. common stock as a dividend on April 7, 2014 and should have
recently received a book-entry account statement reflecting their
ownership of BioAdaptives, Inc. (OTCBB:BDPT) common stock or a
credit in their brokerage account with the BioAdaptives, Inc.
(OTCBB:BDPT) shares. The value of the stock, at issue, was
$.12 per share. However, in the first week of trading, the
stock increased by over 3,733% to $4.60 per share. That's an
increased value, of issued stock, from $240,600 to $9,223,000.
Bruce Perlowin, CEO of Hemp, Inc. said, "It took longer than we
expected to get to this point but it was well worth the
wait. The decision to spin off assets, not part of our core
company, proved beneficial, as it allows Hemp, Inc. to focus on
core business and effectively grow the company for the good of the
shareholders." He continued saying, "Current and future
shareholders of Hemp, Inc. now have 9,223,000 reasons to buy and
hold Hemp, Inc. stock...primary reason being eligible to receive
future dividends in the next three company spinoffs."
"It is Hemp, Inc.'s intent to create 'enhanced value' for all of
our shareholders and our industry in any and all ways that we
can. With the dividend stock of almost $9,500,000 (based on
price per share of 4.60 at close of BioAdaptives trading day
Friday, July 11th), we've certainly accomplished creating that
'enhanced value' are we are very optimistic that the value of
BioAdaptives, Inc. stock will continue to increase in the
forthcoming days and weeks," said Bruce Perlowin, CEO of Hemp, Inc.
(OTC:HEMP).
While separated from BioAdaptives, Inc., Hemp, Inc. continues to
trade "regular way" under its symbol (HEMP) and retains no
ownership interest, at this time, in BioAdaptives, Inc. Perlowin
also expressed Hemp, Inc. will be issuing more dividends from its
other spin offs, with VOIPNetX being next.
"Considering the fact we have been working on 3 other companies,
each with dividend shares to be distributed, we have certainly
created 'enhanced benefits and value' for the loyal shareholders of
Hemp, Inc. today and in the future. The public will be
notified of the ex-dividend dates, of each of the forthcoming
spinoffs, as they approach, in future press releases."
Hemp, Inc. executives also commented on their appreciation of
all the emails and phone calls the company has received from
shareholders and added, "We are very excited about the possibility
of BioAdaptives, Inc. shares making the dividend even more valuable
as the days and weeks go by."
The nutraceutical research and development company
(BioAdaptives, Inc.) is a development stage company building "a
base of intellectual property and products that are patent-pending
and in demand in today's marketplace." The BioAdaptives,
Inc.'s nutraceuticals are designed to "increase circulating stem
cells, aid in cognition, focus, fatigue reduction, increased
testosterone, improved overall emotional and physical wellness,
healing, and anti-aging."
ABOUT HEMP, INC.
Hemp, Inc. (OTC:HEMP) focuses on the vast market created by the
quickly emerging, and growing, multibillion dollar industrial hemp
industry. Hemp, Inc. (OTC:HEMP) is not currently involved in the
cultivation or marketing of medical cannabis. (www.hempinc.com)
Watch Bruce Perlowin on Bloomberg TV.
ABOUT THE INDUSTRIAL HEMP AND MEDICAL MARIJUANA
CONSULTING COMPANY, INC.
The Industrial Hemp and Medical Marijuana Consulting Company
(IHMMCC) is a wholly owned subsidiary of Hemp, Inc. (OTC:HEMP) that
pulls industry information from a vast network of specialists.
IHMMCC is entrenched in all the multi-faceted opportunities in the
medical marijuana and Industrial Hemp industry. (www.HempInc.com)
Executives of IHMMCC are interviewing an additional 14 companies
and expect considerably more to sign up with this network of
companies in the coming weeks, and months.
According to Perlowin, the future is also very bright for Hemp,
Inc.'s subsidiary, The Industrial Hemp and Medical Marijuana
Consulting Company, known as IHMMCC which is comprised of a
"Community of Companies". IHMMCC has been touted as the best
'connected' consulting company in the industry. Thus far, the
public companies include: Dewmar International BMC, Inc.
(OTC:DEWM); Resource Ventures, Inc. (OTC:REVI); Webxu, Inc.
(OTC:WBXU); Greene Concepts, Inc. (OTC:LKEN); Global Links Corp
(OTC:GLCO); Strategic Global Investments, Inc. (OTC:STBV);
Liberated Energy, Inc. (OTC:LIBE); Hollund Industrial Marine, Inc.
(OTC:HIMR); Vapor Brands International, Inc. (OTC:VAPR); Cloud
Medical Doctor Software Corp (OTC:NSCT); View Systems, Inc.; and,
PPJ Enterprise (OTC:PPJE), which have all mutually benefitted from
the network.
HEMP, INC.'s TRIPLE BOTTOM LINE
Hemp, Inc. (HEMP) seeks to benefit many constituencies, not
exploit or endanger any group of them. Thus, the publicly-traded
company believes in "up-streaming" of a portion of profit from the
marketing of their finished hemp goods back to its originator. By
Hemp, Inc. focusing on comprehensive investment results—that is,
with respect to performance along the interrelated dimensions of
people, planet, and profits— our triple bottom line approach can be
an important tool to support sustainability goals.
SAFE HARBOR ACT
Forward-Looking Statements are included within the meaning of
Section 27A of the Securities Act of 1933, and Section 21E of
the Securities Exchange Act of 1934, as amended. All
statements regarding our expected future financial position,
results of operations, cash flows, financing plans, business
strategy, products and services, competitive positions, growth
opportunities, plans and objectives of management for future
operations, including words such as "anticipate," "if," "believe,"
"plan," "estimate," "expect," "intend," "may," "could," "should,"
"will," and other similar expressions are forward-looking
statements and involve risks, uncertainties and contingencies, many
of which are beyond our control, which may cause actual results,
performance, or achievements to differ materially from anticipated
results, performance, or achievements. We are under no obligation
to (and expressly disclaim any such obligation to) update or alter
our forward-looking statements, whether as a result of new
information, future events or otherwise.
CONTACT: phone:1-855-HEMPOUT
email:info@hempincsupport.com
http://www.hempinc.com
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