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With the signing of the Farm Bill hemp could be the golden ticket. I too hope they are up front with us on the Hempistry acreage. I have half a million shares riding on it. GL
I would love to see a reverse merger. I think Jimmys’ got the best of intentions but don’t know that he has got the chops to bring this company, which has a world of potential, forward. I do think 2019 is going to be a great year.
Anyone know William Barr’s, Trump’s nominee for AG, stance on cannabis?
I like it!
News out!
Amen!
Green looks good, didn't think we'd see that at any point today let alone 9s. Could be rough sledding here in the short term, but 2019 could be a great year if they close those two deals, and I think they will.
What does this mean mean for shareholders? Are they looking to buy back our share? Forgive my ignorance. Thanks
When did this come out?
Agree, 100%
Fair enough.
You didn’t get played unless you sold.
“revenue guidance for calendar 2019 remains unchanged”. That’s what I wanted to hear. Going higher from here.
Clarity would be good.
Apparently there has been an agreement on the Farm Bill.
It seems this ticker is being held in place. I figure if numbers were going to be bad or disappointing the pps would be in the 8s or 9s. So I’m thinking when they do file it will be a good day here for shareholders and no looking back.
I am. Thought it would be in the 9s or 8s w/o filing. I think it’s coming and soon, just my feeling.
Just a ?, why would anyone buy this now with 20 billion shares out there. Just curious.
nice close, looklng forward to tomorrow.
lhsif is moving now, 1.18
Jeff Sessions resigned!!!!!
Jeff Sessions has just resigned!!!
Jeff Sessions just resigned!
Hemp is where it is.
That is sooo huge!
Hey, don’t blame you I would too. I bought a bunch between 9-10 recently. This Co. is in the right space at the right time. I love the entry into hemp, that’ll pay off big time.
Mine too. Don’t care bout the daily fluctuations, I like where this is headed long term.
No longer a pink sheet stock? Fantastic!
Love that Jimmy said 30 mill is conservative.
Got my proxy, my 1 mill shares voted “for”.
Let’s hope. Been waiting
411 share trade?
How do I know this is legitimate. And what is the advantage of submitting any of my info to them?
Awesome! Love were this company is going.
Be interested to see what happens tomorrow. Hope today wasn’t a head fake. Got 17 million, been hold forever. Looks to be real this time.
Don’t ask me to explain penny stocks. They go up when they go up and go down when they go down. Be it day traders, flippers or manipulation who knows. I invest mostly in REITs, monthly dividend stocks, they pay my mortgage and most of my monthly bills. Penny stocks are like going to the grocery store and buying a scratch off ticket. You might win, you might not. That being said I do like the MJ sector, like RMN said it’s the “tech boom” of the new millennia. I lived and worked in the Silicon Valley in the 90’s, a lot of similarities.
I do like SGMD, if they play their cards right and it looks good right now I think people can make a lot money.
To add to this, look at the big alcohol companies starting to enter this sector. Constellation Brands dropping $4-5 billion into Canopy Growth, Molson-Coors and Hypothecary Corp doing a joint venture. Now Diageo, the worlds second largest distillery is looking to get into the game. Tilray and Aurora look to be the next MJ companies in play for merge/acquisition. Bottom line is people, smarter than anyone on the board, running billion $ companies are racing to get into this sector. That should be a huge factor in anyone thinking of buying into any MJ or ancillary company. When the banks start lending and they will, and MJ gets off schedule 1....look out.
Sugarmade in Acquisition Discussions – Files Disclosure Statement Concerning Upcoming Special Shareholder Meeting
GlobeNewswireAugust 28, 2018, 8:00 AM EDT
MONROVIA, Calif., Aug. 28, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies, today announces the filing of a disclosure statement with the Securities & Exchange Commission concerning possible acquisitions by the Company. Sugarmade has begun formal acquisition negotiations with two companies that provide online and retail hydroponic and other agricultural cultivation supplies.
Mr. Jimmy Chan, CEO of Sugarmade, commented, "The hydroponic supply sector is still highly fragmented with many of the larger players not likely to reach public company liquidity events for the original entrepreneurial teams. We have entered into talks with at least two of these companies for acquisition, which we believe will be highly accretive for common Sugarmade shareholders and additive to our already robust top line growth rate. We wanted to publicly disclose these discussions to ensure that all shareholders have equal access to our direction, thus our recent public filing."
On August 21, 2018, the Company filed Schedule 14-A with the Commission calling for a special shareholder meeting at 750 Royal Oaks Drive, Monrovia, CA 91016, on October 10, 2018 at 8:00 a.m., Pacific Time. The purpose of the meeting is to: 1. Approve an amendment to the Articles of Incorporation to increase our authorized capital 300,000,000 common shares to 2,000,000,000 common shares; 2. Approve the adjournment of the Special Meeting, if necessary or appropriate, to solicit additional proxies; and 3. Transact such other business as may properly come before the meeting, or any postponement or adjournment thereof. Management of the Company believes this shareholder vote is important as a vote in favor of the increase will allow the Company to facilitate the possible transactions outlined above.
Hoping to see more gains tomorrow, loved the action last week.
Word is that Lindsey Graham will be his replacement. Anyone know his MJ position?