Business
HempAmericana CEO Issues Letter to Shareholders
HempAmericana CEO Issues Letter to Shareholders.
About this update from Hemp Americana Inc
[{"type":"text","content":"\n\n NEW YORK, Jan. 29, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- HempAmericana, Inc. (OTC:HMPQ) (“HempAmericana” or the “Company”) CEO issues the following letter to Shareholders\n Dear Valued Shareholder, The purpose of this communication is to assure investors of the sacred integrity of our relationship with our publicly traded shares, and to offer up a summary message concerning exciting developments currently in progress at HempAmericana. First, the Company has been flagged by the OTC Markets Group (the \"OTC\") for unusual trading activity, potentially among other factors, and labeled with the Caveat Emptor classification. We understand that this is a safety measure taken by the OTC designed as a reaction to specific markers including but not limited to remarkable stock price behavior, and its intentions are to protect the investing public. We fully support all practices that safeguard the interests of investors and protect the integrity of our public markets. While we are excited by the recent increase in liquidity and interest by an apparent range of new investors in shares of HMPQ stock, potentially including larger financial institutions, we are aware of no explanation for the dramatic rise in interest and liquidity beyond that of simply an increasing recognition of the Company’s efforts to drive future value for shareholders. We have been actively pursuing a range of grass-roots marketing pathways, including magazines and similar outlets, to drive further value to shareholders as part of a robust effort to drive growth for the Company. We will be in close communication with the OTC Markets Group going forward, and stand ready to provide any aid necessary in assisting them with any questions that may arise due to our increase in liquidly. Secondly, I would like to take this opportunity to express my sincere gratitude to our longer-term shareholders, and to highlight a number of truly exciting developments now currently shaping the future prospects of HempAmericana as a business enterprise with the potential to achieve some extraordinary objectives ahead. As many of you know, we conducted our due diligence last year and arrived at the view that a focus on CBD oil extraction and production represented the most impactful assignment of resources going forward. Since that time, the Company ha...