Post
Topic
Board Altcoin Discussion
Re: HempCoin #HMP $HMP backed by public company $RMTN
by
fartbags
on 25/05/2016, 05:23:05 UTC


Evidence Cannabis Sativa, INC owns $THC and not $HMP

Cannabis Sativa, INC reports "At March 31, 2016, the Company has possession of 110,000,000 hempcoins.  Hempcoins are reported as digital currency.  Every 10 hempcoins are backed by 1 share of Rocky Mountain Inc (RMTN).  At March 31, 2016 the value of hempcoins was $18,267 computed by converting first to bitcoin and then to US Dollars. (See Note 1)."

110,000,000 THC = USD $18,267 (which is what they reported to the SEC, see link below)
110,000,000 HMP = USD $127,837

https://www.sec.gov/Archives/edgar/data/1360442/000144586616002155/cannabissativa10q03312016.htm




Did Cannabis Sativa, INC make a mistake on that document and report the wrong value?