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Where do you see that? Last time they filed was in 2015.
This PR is from 6/30/2020
Hi there Q. why not hold our breath. Do you mind expanding more on the topic? Thanks, Sheila
Thanks. I have a TD account but decided not to add to my position.
Enjoy the long weekend.
Yes, been in contact with Mr. Beyman via Email. Are you sure you have the correct email address?
Call in on Etrade sucks. They keep you on hold on the phone for at least an hour same with chat.
I agree. I also like the fact that EZ said that they are working very hard on real estate transactions, very focused on multi family real estate, and when they come to FRUITION they will announce them. I take it there will no longer be PR's about LOI's and we will patiently have to wait longer for an announcement until the transactions come to fruition.
Do you all think that if David Lazar was removed, the PPS will jump up?
I did not say that he is good or bad I just said that he does not run the company?
We will keep watching.
How many and what kind of shares?
My pleasure.
Argentum 47 Inc.
@Argentum47inc
·
Jun 10
$ARGQ Management recently LOCKED-UP all their preferred shares until December 31, 2022. ZERO DILUTION on the horizon. Big focus on GROWTH.
Why all the negativity? Give Mr Beyman some credit. You were not happy with his LOI's, so now he does not want to PR an LOI's but rather a contract or a done deal and that takes more time to deliver (all in my opinion). At least he is learning from his previous mistakes
Just updated it. The correct float as of June 12 is 56,917,855
One of my favorite places.
Yes, I know it is a hurting fact. So are labor pains.
My optimism comes from investing in a few other r/m's in the past and I know that they take longer than 20 months to show nice profits. It is also because I communicate/d with the company all along via email plus a visit, and trust and believe in what Mr. Beyman is doing.
Yes, Mr. Beyman knows the importance of reliability of his saying. He would not be saying it otherwise.
Hope alles is gut (all is well) by you.
My post was not a reply to your post. It was a general post to the many people on board some of whom did use the word "inept"
Hope that explains.
Reading all the negativity in here a few days after we got the much awaited and anticipated form 10.
Hypothetically speaking, "if news drop within the next few days/weeks and the PPS shots up, will Mr. Beyman still be inept? will "you ain't seen nothing yet" have a different meaning? Will moving to a higher exchange sooner than YEARS from now have a nicer ring to it? Will Mr. B be a nicer person?"
What kind of news are you waiting for? Fluff news? Good news in RE and Insurance take time to execute especially if trying to avoid an LOI.
And what about the missing trio today? Do you think just because they are not posting they are not working?
Have a nice and safe weekend.
Yes very good news. GLTA
Yes, I think so too and no R/S
NEWS
Sugarmade Issues Shareholder Letter on Expansion and the Road Ahead
NEW YORK, June 26, 2020 (GLOBE NEWSWIRE) -- via NetworkWire -- Sugarmade, Inc. (OTCQB:SGMD) (“Sugarmade,” “SGMD” or the “Company”) issues the following letter on behalf of the CEO:
Dear Valued Shareholder,
Allow me to begin by expressing our most sincere gratitude to our committed shareholders for your loyalty and patience as we gear up for continued expansion at Sugarmade.
As we have discussed in our recent corporate communications, our BudCars business is experiencing tremendous growth while maintaining very strong gross margins, with both topline sales and gross profits steadily increasing at better than 10% on a sequential week-over-week basis for multiple consecutive months. We are well ahead of our targets in terms of performance. All of this naturally points to the need for expansion given the clear strong ROI on display.
We are already preparing to open a Los Angeles BudCars hub next month. But we believe strongly that the opportunity in front of us is much larger than simply opening another hub in a new regional market. We have completed considerable analysis, the results of which point to strong returns from capital investment in both verticalizing BudCars operations and expanding to multiple new regions.
This path is supported by both end-demand data and our market positioning, and by data on the current California market from a licensing and real estate standpoint given the wave of distressed assets on the market right now, which will likely offer us a window within which to expand at extremely cost-effective levels in the second half of 2020.
To accomplish this, we have organized a Reg-A+ funding round targeting $6 million in capital financing. We have not yet established the precise pricing for this funding round, but we are committed to working with a top-tier investment banking partner. We have initially allowed a pricing scale with a price well above our current market pricing for SGMD shares. This is not due to any plans for a near-term reverse split. Instead, it reflects the rapid growth and strong financial performance we are currently experiencing and anticipate as we move into the second half of the year.
These funds will be used to expand our BudCars delivery service, initially establishing three additional locations within the following 12 months and a further eight potential locations across the California market within the coming 24 months.
In addition, as discussed above, we are seeking to further vertically integrate our supply chain by establishing our own cannabis cultivation and product manufacturing operations. Our analysis suggests we can expand our gross margins on a per unit basis significantly by establishing strong in-house farm-to-door verticalization. It will reduce cost of goods sold and fast-track in-house branded product development and marketing given our direct access to our own customer base.
The current market in California is prime for purchase right now as both cannabis-related licenses and real estate assets are on the market at distressed levels, with many firms operating on final capital resources or weakened balance sheets. The upshot is a lot of high-quality non-operating assets on the market just waiting to be scooped up and put back into action.
Finally, we have been working diligently with the excellent team at Tiger Global Management to increase our presence on social and digital media. We believe a great deal in our vision and feel it is in our shareholders’ best interests to tell our story to the world as we see powerful performance and results.
To that end, we have been putting our message out to our current and prospective shareholders and to the public at large with complete transparency, and we will continue to spread the word on Sugarmade’s vision and progress.
As always, thank you for your support and commitment. We will continue to update you every step of the way.
Best Regards,
Jimmy Chan, CEO
Yes, I see that the seller is hurting the stock. CDEL is known to be shorting and has an abundance of shares daily. He might have many more shares to go.
TY but can you reply to the rest of my question?
Can they find out how many shares he has and if they buy the block is there a guarantee that there will be no other block?
Hard for me to understand why he insists on the 10K, I know him as a very savvy trader.
I don't think you are looking for a reply to that question as you very well know the answer.
Oh, If you miss his posts, you know where to reach him.
I think I do. Want me to show you?
Got it thanks. Looking good this morning.
They are all the same website.
I think we are on our way to getting along.
Here is their new website http://utstrack.com/
Is anyone here using Dinostar, Inc to trade or invest in $RELI?