living the budlife
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BudLife prototype test production !
https://i.dailymail.co.uk/i/pix/2012/12/08/article-2245066-1667A699000005DC-504_634x433.jpg
BudLite will send it back to .41 soon!
Grandpa Tell Us The SGMD Shareholder Meeting Story Again!
CEO Chan Supervises Hempistry Operations!
https://cdn.static-economist.com/sites/default/files/images/print-edition/20180113_CNP002_0.jpg
I'm sad today - not my expectation to a nice Q
BARCHART OPINION for Fri, May 31st, 2019 Alerts
https://www.barchart.com/stocks/quotes/SGMD/opinion
Overall Average:
96% SELL
Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.
Opinion Strength & Direction
Composite Indicator
TrendSpotter
SELL
Short Term Indicators
7 Day Average Directional Indicator
SELL
10 - 8 Day Moving Average Hilo Channel
SELL
20 Day Moving Average vs Price
SELL
20 - 50 Day MACD Oscillator
SELL
20 Day Bollinger Bands
HOLD
20 - Day Average Volume: 1,732,508 Average: 80% SELL
Medium Term Indicators
40 Day Commodity Channel Index
SELL
50 Day Moving Average vs Price
SELL
20 - 100 Day MACD Oscillator
SELL
50 Day Parabolic Time/Price
SELL
50 - Day Average Volume: 1,434,177 Average: 100% SELL
Long Term Indicators
60 Day Commodity Channel Index
SELL
100 Day Moving Average vs Price
SELL
50 - 100 Day MACD Oscillator
SELL
100 - Day Average Volume: 1,414,146 Average: 100% SELL
"we love the Thumb Tray at our BBQ" sylvestor the accredited investor
Q3 is excellent
Barchart Opinion for Thu, May 30th, 2019
https://www.barchart.com/stocks/quotes/SGMD/opinion
Sugarmade Inc (SGMD)
Overall Average:
88% Sell
Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.
Composite Indicator
? ? TrendSpotter
Sell
Short Term Indicators
? ? 7 Day Average Directional Indicator
Sell
? ? 10 - 8 Day Moving Average Hilo Channel
Hold
? ? 20 Day Moving Average vs Price
Sell
? ? 20 - 50 Day MACD Oscillator
Sell
? ? 20 Day Bollinger Bands
Hold
20 - Day Average Volume: 1,714,650 Average: 60% Sell
Medium Term Indicators
? ? 40 Day Commodity Channel Index
Sell
? ? 50 Day Moving Average vs Price
Sell
? ? 20 - 100 Day MACD Oscillator
Sell
? ? 50 Day Parabolic Time/Price
Sell
50 - Day Average Volume: 1,437,034 Average: 100% Sell
Long Term Indicators
? ? 60 Day Commodity Channel Index
Sell
? ? 100 Day Moving Average vs Price
Sell
? ? 50 - 100 Day MACD Oscillator
Sell
100 - Day Average Volume: 1,417,379 Average: 100% Sell
Ceo says it's really hard to keep up...
http://www.chinaconnection.org/Printpress1.JPG
Yes SELL NOW ! & Buy HRVOF
https://www.harvestone.com/investors/investors-overview/
Earnings 05/31/19 Bomb
Delivra Bomb
Will SGMD Acquire this company ?
https://www.harvestone.com/
https://www.harvestone.com/investors/investors-overview/
Yes SELL NOW ! & Buy Back @ .01
"my dad says dubble your money!" sylvestor the accredited investor
Budlife Test Production Begins!
https://static4.businessinsider.com/image/50c65f35eab8ea323c000001-480/chinese-factory-workers.jpg
.70 next week would not surprise me at all
Come on you sweet quarterly report you $$$
$$$ Delivra Meeting 05/24/19 $$$
Dream Water is fantastic On my Third order of 12 pack :)
$$$ See you on the Harvest One board - soon $$$
SGMD Revolutionizes HEMP cultivation Ceo Comments..
http://www.holoweb.net/liam/pictures/2004-08-pec/pages/cimg1929/cimg1929-1024x768.jpg
Yes !!! SGMD warehouse expansion!
https://toilography.files.wordpress.com/2015/10/ravenswood-outhouse-5.jpg
"nice volume" sylvestor the accredited investor
"ring my bell!" sylvestor the accredited investor
Sugarmade to Become The World's Largest Publicly Traded Cannabis Industry Supply Company
City of Industry, CA -- December 18, 2017 -- InvestorsHub NewsWire -- Sugarmade, Inc. (OTCQB:SGMD) is pleased to announce to its investors and to the growing cannabis marketplace, the creation of the industry's largest publically traded cannabis and hydroponics supply company. Sugarmade has completed a master market agreement with industry leader, BizRight Hydroponics, Inc., a highly successful manufacturer and distributor to the hydroponics and cannabis markets. BizRight is expected to produce in excess of $30 million in revenues during 2017, with substantial growth expected for 2018. Sugarmade expects to provide detailed revenue guidance to its investors over the coming weeks.
"We plan to grow Sugarmade right along side the booming legal cannabis sector and this agreement with BizRight, which has been one of the fastest growing companies in this sector, moves Sugarmade and its investors much closer to this goal," commented Mr. Jimmy Chan, Sugarmade's CEO. "The implementation of this agreement will easily make Sugarmade one of the largest players in this growing marketplace. As California, and other state markets open up, we see a major opportunity to substantially grow our business operations."
As part of the agreement, Sugarmade will compensate the owners of BizRight cash and Sugarmade common shares depending on revenue gained through the master marketing agreement. The full "earn out" of shares to be issued to the owners of BizRight will be obtain based on annualized revenues from the agreement of $30 million. Sugarmade is in process of significantly increasing its financial, accounting and managerial staffs in order to manage the expected significant increase in orders and transactions, and to manage future acquisitions within the cannabis sector, which are currently contemplated. Additionally, the Company will be acquiring additional office and warehouse space to accommodate expected order flow.
Mr. Chan continued, "It is an exciting time to be involved in this industry and we are certainly looking forward to the opening of California recreational marketplace, which should further boost our business. With Sugarmade and BizRight both being located in San Gabriel Valley, which is just outside of Los Angeles, we believe there are many other opportunities for our companies to work together. To this end, we have also acquired an option to buy the entire BizRight operation in the future."
BizRight Hydroponic, Inc. is a leading marketer and manufacturer of cannabis and hydroponic growth supplies, which offers a range of hydroponics-related products including: HPS grow lights, electronic ballasts, HPS Bulbs, nutrient mixes, environmental control products, pH measurement and calibration solutions and other cannabis-related grow and storage products. BizRight operates the ZenHydro.com website and other e-commerce properties, and sells various products to distributors and retailers.
Please reference the recent full disclosure regarding this agreement recently filed by Sugarmade, which is available at www.sec.gov. Additional information can be seen at www.Sugarmade.com and www.Zenhydro.com
About Sugarmade, Inc. (OTCQB:SGMD)
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include BizRight, CarryOutSupplies.com, BudLife Cannabis Storage Solutions, CaliGrownSupplies.com, and Sriracha Seasoning Stix, a revolutionary culinary seasoning product. For more information on the Company's products, please visit www.Sugarmade.com.
For inquiries please contact Jimmy Chan at (888) 982-1628 or info@Sugarmade.com.
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements.
Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
Sugarmade, Inc. (QB) (USOTC:SGMD)
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SUGARMADE REITERATES its REITERATION $30 MM REVENUE GUIDANCE WITHIN CANNABIS MARKETPLACE - FILES QUARTERLY RESULTS
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SUGARMADE REITERATES $30 MM REVENUE GUIDANCE WITHIN CANNABIS MARKETPLACE - FILES QUARTERLY RESULTS
City of Industry, CA -- July 18, 2018 -- InvestorsHub NewsWire -- Sugarmade, Inc. (OTC: SGMD), one of the largest publicly traded cannabis-related hydroponics supply companies, reiterates its $30 million revenue guidance for next fiscal year after filing results for fiscal Q2 2018. Additionally, the Company is announcing today the termination of its culinary business line in order to increase emphasis on its hyper-growth market opportunities.
Sugarmade continues on a strong growth trajectory, which is expected to allow the Company to produce revenue of at least $30 million for the fiscal year ending 2019, representing annual growth of over 500%. The aggressive growth rate is being driving by rapid expansion within the cannabis marketplace, in particular the cannabis cultivation sub-sector, where a majority of the Company's products are focused.
"Over the past year, we have significantly enhanced our operational staff and our internal systems preparing for our rapid growth. With these changes, we believe we are optimally sized, but we want to ensure we are able to manage our aggressively planned growth rate. To this end, we have determined our culinary products are no longer strategic to our goals and thus we are terminating the marketing of these products in order to increase our focus on our highest growth product areas, which is the cultivation-related cannabis sector," commented, Jimmy Chan, CEO of Sugarmade.
Today, Sugarmade filed its financials for its fiscal Q2 of 2017, with the Company planning on filing its remaining outstanding fiscal quarter over the very short term, thus restoring the Company to fully reporting status. Mr. Chan continued, "We believe our growth induced reporting challenges are now over allowing this management team to demonstrate to our investors the aggressive growth we already realizing and expect to report over the near term."
About Sugarmade, Inc. (OTC:SGMD):
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include ZenHydro.com, CarryOutSupplies.com, and BudLife Cannabis Storage Solutions. For more information on the Company's products, please visit http://www.Sugarmade.com.
For inquiries please contact Jimmy Chan at (888) 982-1628 or info@Sugarmade.com.
SUGARMADE FILES QUARTERLY RESULTS PROVIDES INVESTOR UPDATE
City of Industry, CA -- June 11, 2018 -- InvestorsHub NewsWire -- Sugarmade, Inc. (OTC: SGMD), one of the largest publicly traded cannabis-related hydroponics supply companies today informs its investors concerning the filing of financial results for the quarter ending September 30, 2017 and provides an update concerning additional filings and the direction of the Company.
Mr. Jimmy Chan, CEO of Sugarmade commented, "The filing of our financial results has been delayed as we revamped our financial team and systems in order to manage the strong growth we are currently realizing and to prepare for the growth we are forecasting for future periods. While we have experienced growing pains, the good news is we have implemented some strong systems and augmented our financial staffs, which will allow us to be more timely in future reporting. We will be back on track with our reporting very soon. We continue to believe our future is very bright, as we expand our operations and rapidly expand our revenue base."
Financial Reporting - Sugarmade has now filed its results for the quarter ending September 30, 2018 and is in process of finalizing reports for the quarters ending December 31, 2017 and March 30, 2018. Much of the delay in reporting was caused by personnel augmentations relating to the significant expansion of revenues and operations that is occurring. Sugarmade expects to return the Company to fully reporting status over the short term and sees no major issues moving forward relative to timely financial reporting.
Financial Staff and Functions The accounting and financial staffs at Sugarmade have been significantly expanded with these new individuals mainly concentrating on integrating new revenues streams into the previously existing and newly installed financial management systems. These integrations have largely been completed, significantly streamlining the overall reporting function.
Revenue Growth Sugarmade's revenues continue to grow at a rapid pace and will begin to be reflected in future financial filings and reports. Most of this revenue growth is being generated from online revenues directly related to the hydroponic cultivation sector. Management sees additional revenue streams being developed over the coming quarters.
Future Direction Sugarmade plans to continue to expand aggressively within the hydroponic cultivation sector via its currently operating business arrangements. Additionally, the Company has continued its acquisition related activities, which management believes will likely lead to additional revenue growth, particularly relating to hydroponic market retail operations. Management is currently engaged in multiple discussions concerning acquisition within these market sectors.
About Sugarmade, Inc. (OTC:SGMD):
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include ZenHydro.com, CarryOutSupplies.com, BudLife Cannabis Storage Solutions, CaliGrownSupplies.com, and Sriracha Seasoning Stix, a revolutionary culinary seasoning product. For more information on the Company's products, please visit www.Sugarmade.com.
For inquiries please contact Jimmy Chan at (888) 982-1628 or info@Sugarmade.com.
Q to reiterate 1 Billion outstanding
"reiterate the Q will be filed late" sylvestor the accredited investor
Will SGMD Acquire Aurora ?
"come and get it !" sylvestor the accredited investor
"anybody buy an island?" sylvestor the accredited investor
"tomorrow tomorrow i love you tomorrow" sylvestor the accredited investor
Will HRVOF acquire Hempistry?
.02's are the new .03's