HBASE only storing 3 versions

[#1]

Hbase is not saving all the versions of imported data despite versions set to 40 ?

1- create table with cf versions 40

create 'PUR_ACCT_PHX','cf1'

alter 'PUR_ACCT_PHX',{NAME => 'cf1', VERSIONS => 40}

hbase(main):004:0> describe 'PUR_ACCT_PHX'
Table PUR_ACCT_PHX is ENABLED
PUR_ACCT_PHX
COLUMN FAMILIES DESCRIPTION
{NAME => 'cf1', BLOOMFILTER => 'ROW', VERSIONS => '40', IN_MEMORY => 'false', KEEP_DELETED_CELLS => 'FALSE', DATA_BLOCK_ENCODING => 'NONE', TTL => 'FOREVER', COMPR
ESSION => 'NONE', MIN_VERSIONS => '0', BLOCKCACHE => 'true', BLOCKSIZE => '65536', REPLICATION_SCOPE => '0'}

2- sqoop import table data consisting of 38 records

SQL> desc tab4
 Name                                      Null?    Type
 ----------------------------------------- -------- ----------------------------
 ACCT_NUM                                  NOT NULL NUMBER(8)
 PUR_ID                                             NUMBER(10)
 PUR_DET_ID                                NOT NULL NUMBER(10)
 PRODUCT_PUR_PRODUCT_CODE                           VARCHAR2(2)
 PROD_AMT                                           NUMBER(10,2)
 PUR_TRANS_DATE                                     DATE
 ACCTTYPE_ACCT_TYPE_CODE                            VARCHAR2(2)
 ACCTSTAT_ACCT_STATUS_CODE                          VARCHAR2(2)
 EMP_EMP_CODE                                       CHAR(4)
 PLAZA_PLAZA_ID                                     CHAR(6)
 PURSTAT_PUR_STATUS_CODE                            CHAR(2)

SQL> select count(*) from tab4;
  COUNT(*)
----------
        38

sqoop import --connect "jdbc:oracle:thin:@(description=(address=(protocol=tcp)(host=patronQA)(port=1526))(connect_data=(service_name=patron)))" --username PATRON --table PATRON.TAB4 --hbase-table PUR_ACCT_PHX --column-family cf1 --hbase-row-key "ACCT_NUM" -m 4

3- scan hbase for all 38 versions but shows only 3 values/column

[#2]

can anyone from Hortonworks please take a look at this issue ?