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While Colonel Taylor had researched the growing of hemp, processing the hemp flower and then producing CBD Oil, he found that the best formula for doing so required the patented process of HMI to first produce the CBD Isolate. Having had a naturalized Chinese partner for several years, he talked to a Chinese Company, named, HMI, about becoming a KRB partner in a Kentucky project known as Kings Royal Biotech, Inc (KRB). He made an oral arrangement with HMI to become a thirty-five percent owner of KRB in return for a grant to KRB of the use of the HMI patent for producing CBD Isolate from the processed flower. The agreement reached also included HMI’s commitment to design the required processing plant and contribute to the cost of construction. He would later find that rather than help for KRB, HMI had other plans than to support KRB.
It appears obvious that in HMI’s relationship with KRB was to learn of KRB plans to market a medicinal product in the United States. Even though HMI presently has no legal relationship with KRB, they are currently showing KRB as one of the subsidiaries of HMI. (See the Screenshot attachment.) What purpose would such a fraudulent relationship accomplish? The answer is found in a Chinese News publication, a copy of which is attached showing that the relationship was used to sell millions of dollars of new stock. (Morning Post Outlook attachment). Their website (See HMI Group-Company http://www.hmi.top/) really reveals the gross use of a fraudulent representation to accomplish their monetary purpose in stating, “Kings Royal Biotech Inc (hereinafter referred to as KRB) invested 40 million dollars in the industrial hemp extraction plant in Kentucky. With full inspection of global hemp extraction technology, the extraction technology of Hansu is accepted by KRB and invites Hansu to have 35% technology share of KRB.” That is a fraudulent statement and is made fraudulently just to increase the value of their stock in China. The Chinese news article mentioned above states that shares of the Industry Group shown the Screenshot above “soured as much as 35 percent on Thursday after it issued 312 million new shares.” By not pursuing support to KRB in Kentucky in 2018, this gave them a year jump on capturing the US market from KRB. They have built a plant in Las Vegas using HMI funds that were agreed to go to the same plant in Bardwell, Kentucky. Now they have been granted “the breeding, planting and extraction license by the U.S. government”, which is so stated on their website, previously mentioned.
Colonel Keith Taylor of Woodland Hills California, knowing in his years of research study of cannabis, that for him to get in the hemp business, he decided in April of 2017, to go to China where hemp and hemp derived products had been produced and sold for years. Colonel Taylor’s mission was to verify that the Chinese Company HMI actually had the technology to produce 99+percent CBD isolate on a commercial scale. In order to do so, Colonel Taylor knew it was necessary to visit HMI’s hemp growing operation located on the border of North Vietnam and Southern China. This area is referred to as the GOLDEN TRIANGLE. In order to produce CBD isolate, it requires the growing of the hemp plant, then the harvesting of the flower from the plant, the drying of the flower, then extraction of the CBD from the flower by way of ethanol extraction method, the purification and recrystallization processes.
The following account is the rest of the story involving FRAUD by the Chinese Company, HMI.
Read on and you will know.