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Jimmy Chan becoming a shareholder means nothing other than he’s on someone else’s payroll as well. In fact, I think it’s garbage. SGMD is making the investment, so why doesn’t SGMD become the shareholder?
I have no investments in this company and will continue to have nothing till Jimbo can prove his worth. He took at 4 million rev company in carryout supplies and brought it to under 3, seasoning sfix imploded and now he wants to take SGMD to 2 billion shares. Do you know how quickly I move on when doing a scanner when I see a company has two BILLION shares?
Yeah, I have serious doubt about leadership. The market they’re in is great, it’s just up in the air if Jimbo will F it up like he’s done over and over and over
I’m not questioning whether or not they wil, I’m just at a boiling point with their financials if they mess the next filing due date up. They need to act like a big boy company if they want to be taken seriously.
No worries about anything else, just want to voice my preemptive anger for potentially late filings lol
An investment firm that’s known to be the opposite of traditional firms (they only short stocks to my knowledge) came out with a report stating CRON was misleading investors and have them a price target 70% below current pps. Mass sell off yada yada yada. I was shocked SGMD treaded water, everything else got smashed.
Cannabis sector taking a bath today
Yep. Markets still getting coverage, so as long as Jimmy does his weekly/biweekly PR on updates or news, we should be good!
Volumes drying up, means one of two things.
That’s what I’m hoping as well. If they can’t manage to get this quarter closed at it near due date, I’m out. That’ll be pretty close to damning if they don’t have the reporting fixed.
Here’s to hoping!
Anyone know when the next round is due? I was thinking September but wasn’t sure.
So here’s my guesswork one of the company’s. It’s gotta be somewhere around them, that’s who they acquired and that’s probably the route they’ll stay with. My guess?
Green coast Hydroponics
They even have a history:
https://www.otcmarkets.com/stock/SGMD/news/Sugarmade-s-SmelPro-Cannabis-Transport-System-Featured-in-GreenCoast-Hydroponics-to-Move-Chain-Wide?id=153838&b=y
Also, when’s the next earnings report due again?
I’ve been moving in an out of this stock. I even told shaark that too.
they’re just waiting on an mm to file to list on the OTCQB
News says it’s listed
Any update on plantations IPO?
Bro it’s at -1.8% hahahaha smells of desperation in now
If it falls below $.14-.13, I’ve got another 400k to purchase. Fine by me baby cakes
You see the news hot sauce?
Calm yourself children; this was man made drop. For that you’re welcome and I got more shares so whoever followed my sell gave me my shares back at .03 cheaper plus.
Yep, there should be a PR coming our way this week.
Should see $.21-$.22 today.
Should be a nice day Green Day based on the way other pot stocks are running up PM!
I agree with you on that one. Remove emotions and make sure you take some profits on the way. You take some profits on the way you can load harder on dips.
Bid/Ask is looking like a snack
I’ve never been much of a betting man, but I’m sure those have to be pretty heavy odds lol
Yeah spell checker doesn’t work on mobile devices for investorhub. I appreciate you taking time out of your day to proof read my posts though. Glad to see there’s nothing you have been able to find wrong with SGMD that your reduced to being a child.
Good luck to to you though!
Thank you akc232! Don’t forget to thank your moderators for helping keep the brand alive.
If I were a girl or a seahorse, I’d have your baby’s for this post lol
FYI Hempistry was created in April. They were formed under Paracorp Incorporated.
See below:
https://www.nevada-register.com/1470163-hempistry-inc?_fid=ha3b
Haven’t done much of any DD on them, but I don’t believe this is a small private company.
NUGS acquired a company dealing with pets, this is getting more intertwined.
My bad, was meant for Shark not you :)
I just got unsuspended, please don’t make me insult people this early in my tenure lol
I’m sorry, I know the fact that there was a p in front of take must have rattled you to the core. Down 10 after 40 means down 10% after a 40% run. My apologies, I won’t use too difficult of jargon next time.
Down 10 after a 40? Yeah ill ptake that lol
I speak fo everyone when I say I’m happy we finally have a date for shareholder meeting.
Thanks for the dip, got another 150k
Alright ladys and gentlemen, gather around. Imma tell you a story. So many moons ago, there was a CEO called Jimmy Chan. He signed SGMD into a reverse merger with bizright for essentially cash and stocks. Welp, to do so, he needed to get a vote to increase the AS to offer shares: there’s a clause based on the merger that BIZRIght could earn additional shares/cash based on sales performance.
Long story short, he needed to raise AS due to the BIZRIght merger. We knew that. You can go read financials and it says over and over, shared to be offered. 1 billion was probably 300 million more than expected, but in actuality, that’s what will be used for another acquisition.
They aren’t goin to dilute the shares (right now, it wouldn’t financially make sense), they aren’t going to Reverse Stock split (they even said no) and we have seen these people before. Spamming for dilution when all they want is cheap shares to join the run.
Do your own DD, you’re in pennyland. We’ve been through this dance, we know we have another run coming.
Impeccable timing lol
You’re welcome lol