Hemp, Inc. Announces BioSwan, Inc. -- An Update on One of its Spinoffs
LAS VEGAS, Dec. 21, 2012 /PRNewswire/ -- 12:12 a.m. PST -- Hemp, Inc. is proud to announce the naming of BioSwan, Inc., a new spin-off of Hemp, Inc., dedicated to improving the quality of life via its proprietary all natural formulations and modalities designed to increase the body's production of pluripotent adult stem cells. Hemp, Inc. has agreed to spin the company off and to retain a two-year exclusive contract for marketing the herbal blends that have been shown to increase the body's production of these most valuable pluripotent stem cells.
Bruce Perlowin, CEO of Hemp, Inc., stated, "This could be an enormous benefit to Hemp, Inc. shareholders. While our research uncovered the valuable herbal blends that increase the specific stem cells, it is outside of Hemp's core business and detracts from the management team's ability to focus. By spinning it off, the shareholders receive stock in BioSwan, Inc. This spinoff will have a dedicated and focused management team completely separate from Hemp, Inc. thereby allowing Hemp, Inc. improved focus. Everyone wins."
The National Institute of Health resource for stem cell research defines Pluripotent as, "the state of a single cell that is capable of differentiating into all tissues of an organism." Pluripotent adult stem cells are rare and generally small in number but can be found in a number of tissues.
Current adult stem cell research targets the capacity of the cells to divide or self-renew indefinitely. Bone marrow stem cell, whose quantity declines with age, has been found to be one of the rich sources of adult stem cells, and has been used in treating Spinal cord injury, Liver Cirrhosis, Chronic Limb Ischemia, and Endstage heart failure. Adult stem cell treatments have been successfully used for many years to treat leukemia and related bone/blood cancers through bone marrow transplants. Adult stem cells are also used in veterinary medicine to treat tendon and ligament injuries in horses.
The National Institute of Health website states: "Imagine if doctors were able to reverse age-related, chronic degeneration and bring the body back to its original health and vigor". The website continues, "A study in mice found that function could be restored to injured muscle tissue by reactivating existing stem cells rather than transplanting new ones" and that, "The ability to reactivate dormant adult stem cells continues to be investigated."
Hemp, Inc. President David Tobias continued, "Aging is an issue that affects everyone, and it is gratifying to be able to participate and assist in a venture to improve health and the quality of life."
ABOUT HEMP, INC.
Hemp, Inc. (OTC: HEMP) focuses on the vast market created by the quickly emerging, and growing, multibillion dollar industrial hemp industry. Hemp, Inc. (OTC: HEMP) is not involved in the cultivation or marketing of medical marijuana. It is the company's belief that legalization of hemp in all 50 states and at the federal level will come to pass. With that in mind, the company is building infrastructure with the potential to gain substantial market share before and after industrial hemp prohibition ends. (Pending any federal licensing or other requirements, that may be enacted after hemp prohibition ends).
http://www.hemp.com (Hemp, Inc.)
http://www.hempincnews.com (Hemp, Inc. News)
http://www.herbagenix.com (Hemp-Based Supplements Division)
http://www.basichemp.com (Hemp Protein with Enhanced Nutritionals)
http://www.mjlover.com (MJ LOVER for Him; MJ LOVER for Her)
http://www.re-load.biz (Hemp-Based Nutraceuticals)
http://www.ecoharmonycards.com (Loyalty Card Sustainable Fundraiser for Non-Profits)
http://www.supportpatchadams.com (Hemp Gemstone Candles and Fundraiser for Patch Adams)
http://www.hempinc.tv (Media and Entertainment Division)
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.
SOURCE Hemp, Inc.