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Wednesday, June 29, 2022

Good Hemp Inc (OTCMKTS: GHMP) Big Breakout Northbound as Reverse Merger RM Runner Closes RM with Petro X Solutions & Prepares for RM with Restoration Artechs

Good Hemp Inc (OTCMKTS: GHMP) is making a highly explosive move northbound quickly emerging as a volume leader in small caps. The stock is under heavy accumulation and has got some heavy hitters jumping on board as the Company consummates the Reverse Merger with Petro X Solutions, Inc., the manufacturer of hydrocarbon and other cleaner/degreaser products. Up next is the planned merger with Restoration Artechs, Inc, a Carlsbad, California-based restoration service company specializing in surface restoration, especially commercial and residential stainless-steel surfaces. Restoration Artechs, Inc, (RAI) customers include the United States Naval Academy, the Department of Veterans Affairs, the State of Maryland, the City of Anaheim, the Marine Corp Recruiting Depot, and the Army Corps of Engineers, Honolulu, HI to name just a few. New controlling shareholder and CEO Dr. Ron F. Sickels stated: “We intend to pursue a growth-through-acquisitions strategy with an emphasis on the technologies and industries mentioned in this release, as a means of accelerating our ability to up list to Nasdaq®.” 

Reverse merger stocks can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and we have covered many on the website that have gone from pennies to dollars. Two recent RM runners that stand out are TSNP which went from sub pennies (where we first wrote about it) to several dollars per share. The other is HRBR which went from a few cents (where we first wrote about it) to $3 plus. GHMP is the most exciting reverse merger runner to come around in a while and its certainly got everybody’s attention. The stock is under heavy accumulation with some major players in small caps are on this one. GHMP is a perfect reverse merger candidate, fully reporting OTCQB. GHMP saw a pullback on Tuesday but closed strong after a brief dip below the $0.03 mark. Many of the RM plays we have covered on this website ran for months and had many, many ups and downs along the way. 

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Good Hemp Inc (OTCMKTS: GHMP) has shifted its business focus to fossil fuel clean-up products and services; technologies involved in packaging, distributing, and using electricity in all energy segments; micro-grid design that integrates alternative energy sources and construction; micro-grid control software development; energy storage systems; power system integration and distribution; and growing an internal sales organization to drive sales of products and services. Additionally, the Company’s Diamond Creek brand of ionized 9.5pH high alkaline spring water continues to be produced from the highest quality, award-winning springs in Ohio, Pennsylvania and Tennessee, and is sold in over 1,000 retail locations and online. Visit www.diamondcreekwater.com for more information. 

Back on April 29 GHMP filed a SC 14F1 laying out its plans for the coming reverse merger. Upon closing of the PXS Merger in May, at which time there was a change of control with incoming CEO Ron F. Sickels and crew taking the controlling block of stock in the Company. Following the PXS Merger, the PXS shareholders, as a group (including four of the five Incoming Directors, Ron F. Sickels, Fabian G. Deneault, William E. Sluss and Eric Newlan), own approximately 80% of the then-outstanding shares of GHMP common stock. 

GHMP recently closed the acquisition of Petro X Solutions, Inc., the manufacturer of hydrocarbon and other cleaner/degreaser products and experienced a change in control at the closing of the acquisition. GHMP’s Current Report on Form 8-K with respect to the acquisition’s closing may be found here. Following the closing, GHMP relocated its corporate headquarters to Spring, Texas. 

Each share of PXS was converted into the right to receive shares of Company common stock on a 10-for-1 basis, with PXS’s outstanding 10,000,000 shares of common stock pre-merger converted into the right to receive 100,000,000 shares of Company common stock in the merger; (iii) the Company issued 20,000,000 shares of common stock to PXS’s pre-merger shareholders, with an additional 80,000,000 shares issuable to the pre-merger shareholders of PXS in the future; and (iv) PXS became a wholly-owned subsidiary of the Company. 

Petro X primary product, EnviroXstreamTM, is a plant-based, non-toxic, safe, yet powerful, cleaner/degreaser technology (California South Coast AQMD-Certified Clean Air Solvent.) that expedites the natural bio-degradation process of hydrocarbons and other compounds.

It is expected that the closing of the RAI Merger will occur on or after June 15, 2022. – Restoration Artechs, Inc, is a Carlsbad, California-based restoration service company specializing in surface restoration, especially commercial and residential stainless-steel surfaces. Through its subsidiary, Barry’s Restore It All Products, LLC, it markets and sells to businesses and consumers Scratch-B-GoneTM, a stainless-steel surface restoration kit, among other products. Restoration Artechs, Inc, (RAI) customers include the United States Naval Academy, the Department of Veterans Affairs, the State of Maryland, the City of Anaheim, the Marine Corp Recruiting Depot, and the Army Corps of Engineers, Honolulu, HI to name just a few.

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It is expected that the closing of the RAI Merger will occur on or after June 15, 2022. Following the RAI Merger, the PXS shareholders and the RAI shareholder, as a group, will own approximately 84% of the then-outstanding shares of the Company’s common stock. 

Corporate Name Change. The Board of Directors and a majority of shareholders have approved a corporate name change to “Accredited Solutions, Inc.” During June 2022, application will be made to FINRA for approval and implementation of the name change. The effective date of the name change will be announced, once determined. 

Shareholder Update. The Company’s newly appointed CEO, Dr. Ron F. Sickels, will lead its shift in focus to operations within new markets providing accredited technologies based on industry protocol, standards, and specifications.  Blending the old with the new through alternative energy solution programs, products, and services with an emphasis on the lowest carbon footprint possible; icro-grid design with integration of solar and wind energy storage technologies, monitoring, software, and controls; packaging, producing, and distributing electricity in an environmentally-conscious manner to all energy user markets; shower system integration, distribution, packaging, and production; technology development and production of alternative fuels and energy with low carbon footprint: biofuels, ethanol, biomass, and hydrogen; water preservation and remediation technologies; land-based, water, and air environmental cleanup programs, products, and services; and growing an internal sales organization to drive sales of such programs, products, and services by integrating current energy resources. 

Dr. Sickels’ 35-year career as an entrepreneur has included building teams and businesses focused on reducing environmental issues facing our fuel producers, engine manufactures, power packagers, and consumers.  

Dr. Sickels stated, “First, I want to express my gratitude for being presented with this opportunity to build a successful, first-class organization for our shareholders. Now, our company’s business development strategy is, indeed, rooted in the liquid and gaseous fuels industry. However, over a relatively short period of time, we intend to deliver an array of products and services that blend, if you will, the fossil fuels model with the alternative energy model, with a firm belief that ‘net zero’ is an achievable goal. We believe the fossil fuel industry has realized that it can be better at reducing its impact on the environment and is looking for ways to accomplish just that. This is where the acquisition of Petro X Solutions with its green cleaning technologies, namely PetroXstream™, will serve as an excellent starting point for us. Initially, we intend to take PetroXstream™ and demonstrate its ability to cost-effectively clean up the on-site hydrocarbons and to improve the management of wastewater. We intend to pursue a growth-through-acquisitions strategy with an emphasis on the technologies and industries mentioned in this release, as a means of accelerating our ability to up list to Nasdaq®.” 

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Currently exploding up the charts GHMP, blessed with a tight share structure is among the most exciting stocks in small caps making fast gains as the Company merges with Petro X Solutions, Inc., the manufacturer of hydrocarbon and other cleaner/degreaser products. Up next is the planned merger with Restoration Artechs, Inc, a Carlsbad, California-based restoration service company specializing in surface restoration, especially commercial and residential stainless-steel surfaces. Restoration Artechs, Inc, (RAI) customers include the United States Naval Academy, the Department of Veterans Affairs, the State of Maryland, the City of Anaheim, the Marine Corp Recruiting Depot, and the Army Corps of Engineers, Honolulu, HI to name just a few. New controlling shareholder and CEO Dr. Ron F. Sickels stated: “We intend to pursue a growth-through-acquisitions strategy with an emphasis on the technologies and industries mentioned in this release, as a means of accelerating our ability to up list to Nasdaq®.” Microcapdaily was one of the first to give the heads up on TSNP back on November 15, 2020 when TSNP was well under the $0.01 mark as it was taking off on its historic run. We will be updating on GHMP when more details emerge so make sure you are subscribed to Microcapdaily.com

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Disclosure: we hold no position in GHMP either long or short and we have not been compensated for this article.

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