Hemp, Inc. (OTC:HEMP) today announced first-quarter 2014 sales
revenue of $5,490,874 resulting in a net income for the quarter of
$2,606,782, surpassing previous high marks for revenue, in any one
quarter, since inception. First quarter sales increased 1,188% over
first quarter sales the previous year and a marked 660% increase
over the previous quarter. Since Hemp, Inc.'s transition from a
developmental stage company to an operational stage company, sales
have increased as shown by 2014's first quarter. Specifically,
sales from the first quarter, which primarily reflects the added
income from its consulting services, have far outpaced all four
quarters of 2013 by 133%.
"In the first quarter we continued to build our sales and
marketing efforts and investments," said Bruce Perlowin, CEO of
Hemp, Inc. (OTC:HEMP). "As we progress through 2014, we'll continue
to form an organized and unified cohesive 'Community of Companies'
with very interactive ambassadors who interface with each of these
companies in order to expand their presence, products and services
into the medical marijuana and Industrial Hemp industries with all
its many facets. So, we're eagerly looking forward to bringing more
hemp-based green solutions to the American people. Over the long
term, our efforts will position us to drive growth and increased
value to our shareholders."
Hemp, Inc. executives say due to the company's stability, both
financially and operationally, and its commitment to the
shareholders, the company expects to continue generating positive
earnings, cash flow and sales through the remaining fiscal
year.
According to Perlowin, IHMMCC's "Community of Companies" is the
best 'connected' consulting company in the industry. Thus far,
the public companies include: Dewmar International BMC, Inc.;
Resource Ventures, Inc. (REVI); Webxu, Inc. (WBXU); Greene
Concepts, Inc. (LKEN); Global Links Corp (GLCO); Strategic Global
Investments, Inc. (STBV); Liberated Energy, Inc. (LIBE); Hollund
Industrial Marine, Inc. (HIMR); Vapor Brands International, Inc.
(VAPR); and, Cloud Medical Doctor Software Corp (NSCT) which have
all mutually benefitted from the network.
ABOUT HEMP, INC. (OTC:HEMP)
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 – not yet.
(www.hempinc.com) Watch Bruce Perlowin on Bloomberg TV.
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 "upstreaming" 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.
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.
ABOUT DEWMAR INTERNATIONAL BMC, INC.
(OTC:DEWM)
Dewmar International BMC, Inc. is a leading provider of consumer
brands to global markets. The Company's flagship product, LEAN SLOW
MOTION POTION(TM) whose three flavors are Yella, Purp and Easta
Pink, is rated as one of the top 3 national selling relaxation
beverages currently available in the U.S. market, Trinidad &
Tobago, Puerto Rico and Mexico. To leverage the explosion in
national popularity of both the industrial hemp and medical
marijuana industry, and forecasts a strong presence in the space
for the immediate and long-term future, the Company has entered
into an agreement with Hemp, Inc.'s IHMMCC to create a co-branding
partnership to strategically launch a series of its consumer goods
that stem from the functional and nutritional components of hemp.
The company has offices in Clinton, Mississippi; Houston, Texas and
Las Vegas, Nevada.
ABOUT RESOURCE VENTURES, INC. (OTC:REVI)
Resources Printing & Graphics is a "Total Graphics" company
with its roots in offset printing & direct mail. The company
entered an agreement with Hemp, Inc's IHMMCC to
publish "The
Hemp Nation Magazine".
According to the agreement, while Hemp, Inc. will to produce and
edit all content for the industrial hemp magazine, REVI will bear
responsibility for publishing the magazine. It is anticipated that
hemp paper will be used for at least some of the material for
publishing the magazine, including the cover. Although based in
Southern California and Colorado, their production plants are
located across the US and in China. Their model is simple;
customer service is first, with the best quality products available
and fast turnarounds. Their clients count on them for all their
graphics needs, including offset printing, direct mail, promotional
items, banners & posters, packaging, point of purchase, binders
and more. Resource Ventures, Inc. has served customers nationwide
for over 27 years and will be expanding into the international
market. Resources Printing & Graphics is in the early stages of
their new online print and graphics website
"WikiClickPrint.com". Customers simply upload their artwork to
the site or use templates to create unique graphics. The Company is
well positioned for significant future growth.
(www.resourcesprinting.com)
ABOUT CLOUD MEDICAL DOCTOR SOFTWARE CORPORATION
(OTCQB:NSCT)
Cloud Medical Doctor Software Corporation (Cloud-MD)
(OTCQB:NSCT), trades on OTCQB, the venture stage marketplace for
companies that are current in their reporting with a U.S. regulator
(SEC). With the help of Hemp, Inc.'s IHMMCC, Cloud-MD expects to
bring a new level of professional encryption security and inventory
management solutions to the Hemp and Medical Marijuana
Industries.
Investors can find Real-Time quotes and market information for
the Company onhttp://www.otcmarkets.com. For further information
about Cloud Medical Doctor Software Corporation go
to http://www.cloud-mds.com ormdlg@cloud-mds.com.
ABOUT HOLLUND INDUSTRIAL MARINE INC.
(OTC:HIMR)
Headquartered in Blaine, WA, Hollund Industrial Marine Inc.
(OTC:HIMR) seeks to align the interests of businesses, communities,
utilities and governments by offering an integrated business model
for underwater forest management. Per an agreement with Hemp,
Inc.'s IHMMCC, IHMMCC will advise Hollund on a market strategy
focusing on nations with progressive legislation on hemp
cultivation, that also have viable underwater timber projects --
such as France, Canada and China. Hollund's model -- including
resource and needs assessment, permitting, environmental and
project planning, logging, milling, product branding and sales adds
value for its shareholders, partners and reservoir based
communities. (www.hollundindustrial.com)
ABOUT LIBERATED ENERGY, INC. (OTC:LIBE)
About Liberated Energy, Inc. Liberated Energy, Inc. is a growing
alternative energy company seeking to reduce the purging of our
planet's resources by bringing patentable and, more importantly,
affordable ideas to the marketplace. After entering into an
agreement with Hemp, Inc.'s IHMMCC to help Liberated Energy, Inc.
market and distribute their alternative energy products in the
Industrial Hemp and Medical Marijuana industries, IHMMCC
facilitated the largest order, to date, for Liberated Energy,
Inc.'s (OTC:LIBE) Guard Lite Security Lighting System, less than
one week after its strategic partnership. The order was for twenty
(20) lighting units which created revenue for Liberated Energy,
Inc. For more information on Liberated Energy, Inc.,
visit www.liberatedenergyinc.com.
ABOUT STRATEGIC GLOBAL INVESTMENTS
(OTC:STBV)
Strategic Global Investments is a company engaged in developing
the two primary sectors of the business; providing various venues
to reach the client's target audience with on demand programming or
advertising through Wazillo.com and WazilloMedia.com and creating a
considerable position in the emerging marijuana industry.
WazilloMedia.com is involved in the production of videos for
customers and consumers permitting the use of the Company's state
of the art studios to produce their own videos and the use of a
website where subscribers can make available live, streaming video
for their potential audience. The company entered into an agreement
with Hemp, Inc.'s IHMMCC to develop a larger network of business
relationships, enhance its sales and marketing tactics, public
communications, public partner company ventures, and receive
general industry specific guidance. Strategic Global will also
provide video production and professional video development, and
online streaming for Hemp, Inc. as well as make services available
to other Hemp, Inc. and IHMMCC clients through their high tech
studios in San Diego and their collaboration with Emmy Award
winning Soapbox Multimedia, Inc. The Company produces Internet
content, taped video shows, in their state-of-the-art studios in
San Diego, California, where the productions can be stored and
replayed on Demand 24/7 through the Company's cutting edge Content
Management System. For more information visit its website
at: www.strategicglobalinvestments.com.
ABOUT WEBXU, INC. (OTC:WBXU)
Webxu, Inc. is a media company that develops branded consumer
Websites and acquires and integrates consumer-oriented businesses
in the customer acquisition and e-commerce categories. The company
also provides marketing solutions for online businesses, media
agencies, and marketers. By working with Hemp, Inc.'s IHMMCC, Webxu
will be able to expand its reach and provide ongoing services in
the areas of online web development and advertising initiatives for
businesses in the Industrial Hemp and Medical Marijuana industry.
Webxu was founded in 2010 and is based in Los Angeles, CA. For more
information about Webxu, visit http://www.webxu.com.
ABOUT GREENE CONCEPTS, INC. (OTC:LKEN)
Greene Concepts, Inc. (http://www.greeneconcepts.com/) is an ink
technology Manufacturing and Distribution Company headquartered in
Fresno, CA. Chairman and Founder Lenny Greene has spent the past 30
years serving the printing needs of businesses and consumers. By
joining forces with Hemp, Inc.'s IHMMCC, LKEN expects to bring
additional sources of hemp-based products, including hemp-based
ink, hemp paper and related products, to its hemp-centric website,
The Hemp Exchange (http://hemp-x.com). Greene Concepts intends
to be the catalyst for the introduction of a number of innovative
products and marketing strategies, including its announced
hemp-centric website, and to bring the world the best products at
the lowest prices so consumers and business can save time, save
money, print more and print better.
ABOUT GLOBAL LINKS CORP. (OTC:GLCO)
Global Links Corp. is a holding company committed to exploring
business opportunities in emerging industries. The company now has
three subsidiaries, one of which is Hemp Life Today, a growing
online source for industry information and branded products related
to Hemp and Medical Marijuana. The company signed an agreement
with Hemp, Inc.'s IHMMCC in which both companies will work together
to introduce and sell specific hemp products on Hemp Life Today's
website as part of the revenue sharing agreement. For more
information on Global Links Corp, please
visit www.globallinkscorp.com or visit
http://www.hemplifetoday.com.
ABOUT VAPORBRANDS INTERNATIONAL, INC.
(OTC:VAPR)
VaporBrands International, Inc. is a marketing and development
partner for manufacturers of electronic cigarettes. Electronic
cigarettes represent the future of smoking; they produce no smoke,
tar, ash or offensive odor while containing about the same amount
of nicotine as traditional tobacco cigarettes. Unlike traditional
tobacco cigarettes, electronic cigarettes can be used in many
public places currently restricted from smoking. VAPR intends to
focus on creating opportunities for culturally relevant brands
seeking to acquire significant market share in the rapidly growing
"vaping" sector of the global marketplace. VaporBrands
International, Inc. will also be marketing an electronic vapor
delivery system for the medical marijuana-based dispensaries
and for hemp oil products. (www.vaporbrands.com)
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking
statements and information, as defined within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, and is subject to the Safe Harbor
created by those sections. This material contains statements about
expected future events and/or financial results that are
forward-looking in nature and subject to risks and uncertainties.
Such forward-looking statements by definition involve risks,
uncertainties and other factors, which may cause the actual
results, performance or achievements of Hemp, Inc. to be materially
different from the statements made herein.
CONTACT: phone: 1-855-HEMPOUT
email: info@hempincsupport.com
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