Hemp, Inc. Acquires Percentage of Alternative Energy Company, Liberated Energy, Inc.
March 25 2014 - 9:25AM
Hemp, Inc.'s (OTC:HEMP) wholly owned subsidiary, The Industrial
Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), is
pleased to announce that it has acquired interest in the
alternative energy company, Liberated Energy, Inc. (OTC:LIBE) by
way of a signed Consultant Agreement. Per the agreement, IHMMCC
will provide professional consulting services to help Liberated
Energy, Inc. market and distribute their alternative energy
products in the Industrial Hemp and Medical Marijuana industries.
"We are thrilled and looking forward to this new venture. After
researching the industry and weighing our options, it was a
no-brainer to collaborate with Hemp, Inc.'s Industrial Hemp and
Medical Marijuana Consulting Company, Inc. (IHMMCC) to create new
marketing and distribution capabilities for our Guard LiteTM
Security Lighting System for the medical marijuana and industrial
hemp industries," states Frank Pringle, CEO of Liberated Energy,
Inc. (OTC:LIBE).
Bruce Perlowin, CEO of Hemp, Inc. (OTC:HEMP) said, "Liberated
Energy, Inc.'s move into the industrial hemp and medical marijuana
industries could not have come at a better time. The demand is
expanding for growers and dispensaries to ramp up security for
their operations with more comprehensive surveillance and
monitoring, especially since most of these operations are
high-volume, cash-based facilities."
According to Liberated Energy, Inc. CEO, Frank Pringle, the
company has already sold ten Guard LiteTM Security Lighting Systems
and is set to commence production of the units. A significant
amount of orders is expected as companies in the medical marijuana
sector seek to augment their surveillance and monitoring systems
for their operational facilities.
The Guard LiteTM Security Lighting System is patent-pending and
"uses wind and solar energy to power its security system, which
consists of: High Tech LED Lighting WiFi HD Camera with 2 way audio
Infrared and Motion Technology. The Guard Lite is self-powered and
will use only approximately 10% of its maximum rated wind and solar
energy." The objective, according to Liberated Energy, Inc.'s
website, is to also "make small wind and solar turbine technology a
significant contributor to the global clean energy supply portfolio
by providing consumers with an affordable renewable energy option
for their homes and business".
According to Perlowin, Hemp, Inc.'s subsidiary, The Industrial
Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), is
well-entrenched and connected in the industrial hemp and medical
marijuana sector and plans to market the Guard LiteTM Security
Lighting System in states favorable to medical marijuana. As the
country transitions to embrace more sustainable agriculture
practices, public companies want to expand into the medical
marijuana and industrial hemp industry and IHMMCC is leading the
way. Hemp, Inc. executives say their subsidiary continues to be
inundated with potential consulting agreements from companies
seeking to capitalize in this multi-billion dollar industry that is
spurring ecological and economic benefits.
"The Industrial Hemp and Medical Marijuana Consulting Company,
Inc." pulls industry information from a vast network of specialists
that consists of other public industry, public and private
companies, public companies' CEOs and networks of experts, bankers,
investors, lawyers, other consultants, industry analysts, and
non-profits connected to this industry as well as the traditional
industry experts in all areas of the various business opportunities
the industry presents. The unrivaled wealth of knowledge and
experience is attracting companies looking to diversify and expand
into the industrial hemp and medical cannabis arena.
ABOUT HEMP, INC.
Hemp, Inc. (OTC:HEMP) focuses on the vast market created by the
growing, multibillion dollar industrial hemp industry and strives
to be the most diversified company in the sector. Hemp, Inc.
(OTC:HEMP) is not currently involved in the cultivation or
marketing of medical marijuana. It is the company's belief that
legalization of Industrial Hemp in all 50 states (which is now
possible with the passage of the 2014 Farm Bill) will come to pass.
With that in mind, the company continues to build infrastructure
with the potential to gain substantial market share before and
after Industrial Hemp prohibition totally ends.
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
http://www.hempinc.com
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