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Alex S. Gabor
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Alex S. Gabor is freelance investigative journalist, bank stock analyst, and financial consultant. He does not personally get paid from anyone for anything published here at Seeking Alpha.
My company:
Church of Infinitology
My blog:
You, Me and the SEC
My book:
Confessions of a Sex Crazed Money Man
  • Is HEMP Inc. Worth More Than A Dollar A Share At Some Point In The Future? 12 comments
    Oct 25, 2012 2:11 PM

    Is HEMP.PK an undervalued penny stock which is trading on the Pink Sheets in the Over the Counter Market? Formerly Marijuana Inc., it recently changed its name after filing some 169 pages of documents with the SEC and FINRA.

    For the past three years Alex S. Gabor & Associates, Investment Advisors to various wealthy investors in Canada and New York City, has been looking into two companies which were once owned and controlled by the same man, Bruce Perlowin of Las Vegas and San Franscisco fame and fortune gained from the fine art of smuggling.

    According to Perlowin, "Im hanging on to my MJNA shares and only selling small amounts in a rising market." Perlowin claims he owns 25 million shares of MJNA and a majority super voting interest in HEMP Inc. which owns and operates an increasing number of domain names including Hemp.Com.

    When I watched the review on CNBC of Bruce Perlowin's life I did not see mention of the fact that despite having spent nine years in jail for smuggling what is now approved in more than 20 states, medical marijuana, currently the largest cash crop in America, there is no discussion of what Bruce is up to now with his controlling interest in HEMP.PK.

    MARIJUANA, INC. Changes Its Name To Hemp, Inc.

    Sometimes just trying to invest in "pennies" can be confusing, and if you don't know what you are doing you can get in a lot of trouble with the SEC.

    I first researched and invested in Penny Stocks while living in Washington D.C. closely connected to the most powerful political people in the international industrial hemp market, but I had not found a single company engaged in the research or development of a commercial market for HEMP, at least not domiciled in the United States.

    I was approached by a group in New Jersey who wanted me to buy up large blocks of shares in a company they were promoting. They were so desperate for new blood as stockholders they were willing to give me 40,000 free trading shares, which were trading at .70.

    Within days of my "buying spree" the price dropped to below .35 at which point I decided to get out completely, which fortunately for me, broke me even, including the shares the promoters had given me.

    Since then, I have learned that it is better to deal with the Board and CEO of a company before investing any large sums into it, but that the Securities Attorney who helps handle the transaction is almost as important to a large block trade as the price of the deal itself.

    My second foray into taking large postions in a publicly traded penny stock company got me into trouble for failing to disclose that I owned close to 5% of the company, although the Securities Attorney for the company cleared all five press releases announcing various funding mechanisms which had been put in place, but subsequently blown out of the water by SEC Attorneys who were more than exuberant to go after small businessmen trying to raise capital, but were reluctant to tackle the fraud giants in the banking industry at the time.

    To date the SEC Attorneys and investigators are still negligent in many respects when it comes to dealing with the five trillion dollar ongoing mortgage fraud in America, but I digress from HEMP.

    Because of the above incident I am barred from trading in Penny Stocks for life, and further barred from being on the board of any publicly traded company, but I have not been barred from my constitutional right to buy a whole company and take it private, or take large positions in companies and donate them to non profit organizations whose cause is total freedom! Such it is for the Infinite Freedom Foundations.

    My last foray into the banking industry caused two bank stocks to skyrocket when I hadn't even owned a single share. I was only thinking of and announcing publicly my intent to acquire controlling shares in two formerly troubled Washington State Banks. One of them went out of business and the other currently trades at $25.00 per share.

    I was then publicly slammed hard by a Tacoma News Tribune writer who is now being sued by my supportive network of organizations for defamation, slander and libel. Hearst has always been on my short list ever since the internet boom, anyway so why not add one of their subsidiaries to the international bank activities reform commissions hit list of corrupt corporations operating in America.

    So, to make a longer story shorter and not bore the reader who probably is looking for sizzle and steak, or having their cake and eating it too, yesterday I spoke with Bruce Perlowin, the CEO of HEMP, Inc. and agreed to meet with him in Seattle to discuss buying a large stake in the company and helping the company organize a national lobbying effort to make the planting, farming, growing and distribution of Industrial HEMP legal in America. and there are many professional people who think that Obama and Congress are ready to repeal any laws which make medical marijuana illegal in any state of the Union.

    If that happens then I think companies like HEMP will be worth more than a dollar a share, provided they continue to expand their products and services to the medical public that desperately needs to medicate themselves away from their pain and suffering.

    I'll keep all my followers posted on the progress of my talks.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

    Additional disclosure: Alex S. Gabor & Associates Investment Advisors is in talks to acquire a large stake of HEMP.PK for an undisclosed price on behalf of the Infinite Freedom Foundations. A meeting during HEMPFEST in Seattle has been confirmed to have occured on August 18th,2012.

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  • Alex S. Gabor
    , contributor
    Comments (222) | Send Message
    Author’s reply » The following is posted on "Hemp Inc.'s Web Site
    by Hemp Inc. Staff Writer A Publically Traded Company – With a Vision Stock Symbol – OTC:HEMP
    Hemp, Inc. is a company with a vision.


    "Part of that vision is foreseeing the potential worldwide benefits that may be derived from the myriad of uses for industrial hemp and recognizing the profits that could be made in making the world a better place.


    "The initial challenge is to educate the public about the hemp. Not by disassociating it from cannabis but by quantifying the differences between hemp and marijuana.


    "The portal towards change is the Internet, and to fast track the transition, Hemp, Inc. has partnered with, the premier domain name in the industry. With a long history as a URL and a solid foundation, provides the vehicle to drive industrial hemp back to the homes of consumers across America and the World. With top quality researchers, writers, editors and a professional technical staff, will become the “go to” site for all things hemp, providing the community a digital stage to share information and products.


    "The soon to be unveiled Marketplace will allow artisans to stand alongside industry icons to showcase their wares. Having a centralized Hemp Store will make it easier for consumers to spend their dollars as they like, on healthy, green, hemp based products.


    "Hemp, Inc.’s quest for content production has led to the formation of MarijuanaInc.TV. Uniquely poised to be a leader in the industry, with a state of the art studio and award winning production team MarijuanaInc.TV produces top shelf in-house productions. The website currently shows more than 100 high resolution videos, offering relevant and controversial insights into the world of hemp and cannabis.


    "The Eco-Harmony Loyalty and Rewards Card has been in development by Hemp, Inc. for several years, and is now ready for a soft launch. The upward trending innovative concept of “giving back” to deserving charities while simultaneously providing profitable services is powerfully enticing to consumers and stores alike. With over 120,000 merchants already in the network, management expects to see significant growth in card ownership nationwide in the coming year.


    "Herbagenix supplements are a hemp based nutrition product formulated with integrity by Hemp, Inc. The amounts of active ingredients in Herbagenix products are sufficient to deliver the necessary effects, not just make a label claim. The Herbagenix product line will enhance the consumer’s health and make the experience fulfilling and stimulating.


    "Hemp, Inc. welcomes your comments. Please direct them to and expect a quick, personal response."


    Personally I think the company is engaged in a pump and dump scheme and that the SEC is beginning to start recieving complaints about the company and its President Bruce Perlowin. There is no deal to buy 90 million shares from Perlowin's ex wife for a dollar a share and HEMP Inc. Attorney's are under investigation for failing to disclose their positions in the company and for failing to represent the best interests of the publicly traded stockholders. There are no SEC filings that can be located in the website. The company is simply a shell with no financial statments, just a lot of "smoke" and mirrors and lots of web sites that slander the Federal Reserve but seek the imprimiteurs of the banking industry. Too many contrary facts from Perlowin indicate he is lying to stockholders and to the public on various forums and using electronic means to do so. I would not be surprised to see the SEC issue a Wells Notice to Perlowin and his best friend Dave in the not too distant future.
    1 Nov 2012, 12:35 AM Reply Like
  • Alex S. Gabor
    , contributor
    Comments (222) | Send Message
    Author’s reply » "With top quality researchers, writers, editors and a professional technical staff, will become the “go to” site for all things hemp, providing the community a digital stage to share information and products." is a false and misleading statement that should catch the attention of the SEC if the stock rises from its current price of 8 cents per share to 24 cents per share, a 300 per cent increase within 90 days which is usually the red flag trigger needed to start SEC attorney's blood to swell.
    1 Nov 2012, 12:37 AM Reply Like
  • Alex S. Gabor
    , contributor
    Comments (222) | Send Message
    Author’s reply » The Nepotism at HEMP Inc is too obvious:


    Key Executives
    Pay Exercised
    Mr. Bruce M. Perlowin ,
    Chairman and Chief Exec. Officer
    Mr. David M. Tobias ,
    Pres and Director
    Joseph Di Marco ,
    Accounting Mang.
    Mr. Craig Perlowin ,
    Sec. and Director


    There is no public disclosure of what compensation this management gets or how these people are making money to travel all over the United States to do their dog and pony shows. Since Alex S. Gabor began covering and investigating HEMP Inc the price of the stock has more than doubled. The bad news is that investors who buy this stock are in for a rude awakening if they rely on information solely from their web site or from the current management. There are too many contradictions on their web pages and the International Bank Activities Reform Commission in Nevada has taken over the investigation of Perlowin which reports directly to the SEC.
    1 Nov 2012, 12:45 AM Reply Like
  • chief1974
    , contributor
    Comments (3) | Send Message
    HEMP is the REAL DEAL next BIG THING! Look around you marijuana is being nationally recognized as a medicine! products have been derived from it for thousands of years! People are now seeing the benefits of marijuana and are speaking outwardly and openly about their opinions on why it should be nationally legalized! !! The tax on it alone could end the national debt crisis! With taxes on everything going up these days and a government looking for any finantial escape from our fiscal crisis this is the next big thing and its now or never to invest in the future of the USA!
    10 Jan 2013, 04:04 AM Reply Like
  • Alex S. Gabor
    , contributor
    Comments (222) | Send Message
    Author’s reply » Just because the laws change doesn't mean you have instant value in a company whose executives do not respond to inquiries by investors and potential investors. I think HEMP has been turned over to Securities Investigators. Buyer beware!
    22 Jan 2013, 06:47 PM Reply Like
  • ashailes
    , contributor
    Comments (52) | Send Message
    Mr. Gabor - What are your thoughts on the recent run-up in price over the past 3 days? It seems to parallel a recent increase in price of other marijuana related stocks (e.g. MJNA). Thanks!
    5 Feb 2013, 11:01 AM Reply Like
  • Alex S. Gabor
    , contributor
    Comments (222) | Send Message
    Author’s reply » Due to the passage of the laws in Washington and Colorado the mainstream media has discovered that HEMP is a major revenue source, such that developing the multi-trillion dollar hemp industry is much better than developing North Dakota's Shale Oil aka Fracking Operations, a subject I covered years before the boom at various blogs under the byline of Alex S. Gabor.
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    Search results
    Hemp | Industrial Hemp products, information and news- hemp
    Hemp is a plant that is grown for the fiber and seeds. Hemp grows very fast and is considered a renewable resource., your source for everything hemp - Cached
    What is Hemp
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    More results from »
    Everything Hemp Store by Hemp Inc.
    the Eco Store at is a store dedicated to hemp information and hemp products. Everything you can think of made from hemp for you to shop for. - Cached
    hemp | eBay - Electronics, Cars, Fashion, Collectibles ...
    Find great deals on eBay for hemp and hemp cord. Shop with confidence. - Cached
    Hemp.Org, Campaign for the Restoration and Regulation of Hemp ...
    Hemp is the ultimate cash crop, producing more fiber, food and oil than any other plant on the planet. Our farmers need this valuable crop to be returned as an option ... - Cached
    Hemp - Wikipedia, the free encyclopedia
    Agricultural production|Uses|Cultiv... and crop rotation
    Hemp (from Old English hænep) is a commonly used term for varieties of the Cannabis plant and its products, which include fiber, oil, and seed. In many countries ... - Cached
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    Industrial Hemp Information and Advocacy - Vote Hemp
    Vote Hemp is a national, single-issue, nonprofit organization dedicated to the acceptance of and free market for low-THC industrial hemp and to changes in current law ... - Cached
    What is hemp? | hemp explained |hemp |hemp products- hemp
    What is hemp? - Wondering what hemp is? Hemp is a non-drug variety of cannabis that is grown legally around the world (just not in the US) Hemp is considered a cash ... - Cached
    Hemp | Define Hemp at
    noun 1. Also called Indian hemp , marijuana . a tall, coarse plant, Cannabis sativa, that is native to Asia but naturalized or cultivated in many parts of the world ...
    dictionary.reference.c... - Cached
    More results from »
    Offering DSL throughtout western Washington, Hemp.Net is a progressive alternative to large ISPs. - Cached
    HempCon Medical Marijuana Show
    Hemp Inc. Henry Hemp; Hi Quality Medical Group; Hidden Treasure Collective; Hydrosol LLC; Hypnotized Distro; Iron Bird Packaging; J Pacific Life; JR Green Light; Kush Concepts West; - Cached
    3 Mar 2013, 08:38 PM Reply Like
  • Solilo
    , contributor
    Comment (1) | Send Message
    My major question is: will there be an underdog with a clean slate and less, shall we say, "shady" aura about them that can jump into the fray, compete with HEMP and provide public investors with a more reliable alternative? Is it possible? Perlowin and his posse just don't seem like the type you would want to do business with, and I think that is detrimental to the company.


    I look forward to hearing about a legitimate company that sprouts up and is about the commodification, industrialization, and advancement of hemp as a product, and not all of the hot air that comes from Hemp, Inc.


    I'm ready for it. Who will it be?
    29 Aug 2013, 09:59 AM Reply Like
  • mem-ha
    , contributor
    Comments (13) | Send Message
    Hello Alex,
    We are now January 30th 2014; Marijuana is becoming legal today in New Hampshire…what are your views on what is going to happen next and what horses are you betting on now?
    I've bought CBIS and am ready to buy into something else…
    Let's hope we all have a great day today!!
    greetings from Holland!
    30 Jan 2014, 09:44 AM Reply Like
  • jbl898
    , contributor
    Comments (8) | Send Message
    Bashing Hemp. Inc. is a matter of ignorance. All of the poster's have negative comments and threats regarding government intervention without offering one iota of proof. The boss man is apparently an excellent businessman with a plan. Anyone not in agreement with him should simply bail out as an investor and keep their unverified comments to themselves.
    18 Jun 2014, 06:06 PM Reply Like
  • jbl898
    , contributor
    Comments (8) | Send Message
    Former retired law enforcement. M.S. degree from Nova University in Davie. Fla. Graduated with honors. I earn a fair amount of cash playing in the stock market.
    18 Jun 2014, 06:12 PM Reply Like
  • Think bigger
    , contributor
    Comment (1) | Send Message
    The ship is in. Get on board while the tickets are cheep. You won't be able to get them this cheep. Pump it but don't dump it. Go for the ride of your life on the ship Hemp Inc!
    24 Jun 2015, 03:46 PM Reply Like
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