Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Mattie711. Few things -->
You wrote;
Mallen, IMO- Exception would be Joseph Noel's involvement with SGMD. JN is a convicted felon- that has been working with CEO, Jimmy Chan...for YEARS. JN, is also the Director of Research at Cannabis Global/CBGL; also working with Jimmy's old work associate, CBGL's CEO, Arman Tabatabaei. Do you feel that JN's involvment could put CEO, Jimmy Chan at risk?
BTW- SEC banned JN from all penny stock activity- LIFETIME BAN! It's public information.
Anyone have an update on Joseph Noel's pending DOJ sentencing? Records are sealed. Ouch! IMO- Looks like JN has racked up a long list of company failures. Same game, differerent companies. Same Joe hiding.
Convicted felons are allowed to work with these schemes as long as they are not on the BOD or an associate of the company. A lifetime ban does not mean they cannot help and can still run the show from behind the scenes. If JN’s records are sealed is because he paid a fine to the SEC that negated the DOJ’s prosecution.
Since Jimmy is doing legally what others are telling him to do, Jimmy will not be arrested or be a convicted felon. This issue is moral not legal. I have not seen any evidence that JN is a convicted felon. IF he was banned from being part of an OTC forever it is because he violated some stock fraud regulation or other SEC action that was not protected by the disclaimers. JN will make mega bucks on the sidelines.
Jimmy is a puppet of a larger seasoned group of people who have the money to pay off debt, Hire pumpers and also to move the stock to any price they choose. Jimmy is more of a sellout for a few bucks and was targeted due to his company failure in the paper industry that was converted to a MJ stock because that is the hot market topic that attracted investors.
I am surprised they did not reverse this into a baby formula scheme yet, but there is still time ;).
JN does not make companies fail by accident or bad business. A failed OTC is part of the plan. “TO MAKE IT FAIL.” When you say JN has a long list of failures is how you see that but for him they are tremendous success.
Now you would ask yourself, Why not just make the company WORK and everyone wins right? Because intent and if’s and maybe’s, generates the same amount of money and they don’t have to spend any to make the company work or higher employees or face regulatory health and agri market compliances. Selling shares on a scheme is all cash and no costs. Less costs means more cash for those running the scheme.
It’s like a lemonade stand. You sell people who walk by your stand, a coupon for a large cup of lemonade they can redeem tomorrow. You sell 1000 coupons for 90% off the $1.00 price. When you sell all the coupons you break down the stand and vanish and you make all the money never having to buy even one lemon. And each buyers says, “It was only $.90 so no big loss.”
The difference with a lemonade stand and stocks is, the lemonade coupon is only good for a glass of lemonade. But with stocks, people invest a little believing it will rise well above the coupon (share) price. You can’t buy a $.90 coupon for lemonade and resell it for $10,000. But the hopes to buy coupons (shares of stock) for $300 and get 300,000 coupons at $.001 can be sold one day for $1 and you make back $300,000.
I guess if you kept the stand open the next day when people came to redeem the coupons you say the lemons are being delivered tomorrow but to be fair you sell them all 10 more coupons for the same $.90 so they think they will get 10x for the same price. Cost average a lemonade stand just like stocks.
The choices OTC schemes have are to make money on a failed or successfully scheme. If the company fails but makes them 10’s of millions then for them it is a success but at the cost of retailers who perceive it as a failure for the fact you lost money and no other reason. Just like the failed lemonade stand that failed but for the coupon seller it was a success.
If money is made on an OTC scheme for investors but is still a questionable company, no one cares. Proof if when Suissac cheered Jimmy knowing the company was a scheme when the stock went up, but when it goes down he says arrest the crook. Then if it goes back up, Jimmy is his hero.
Investors condone bad behavior and those running the show are all too happy to not disappoint. That means investors condone the plan and most know the stock will tank but feel they can make money even as other investors jump in so they can get out. But as I have said, the schemes never let the price rise so anyone can make money other then those running the show. All the money they make from investors is their money and you cannot have any of it when new investors jump in.
To make more on a declining share price just issue more dilution to the float. They sell more shares for less to make the same money selling less shares for more on the initial stages of the scheme. They win, investors always lose.
The schemes set up to take your money and not let you ever make it back and investors are forced to buy more to cost average as the price drops and never rises.
JN is actually a very good businessman; he knows how to make money on people who love to lose money. That is an undisputed fact.
Compare this;
Go look at ihub ticker BRGO and look at the posts, they are not from SGMD posters but they are exactly the same. After we shorted them they too fell to the same fate as all the other OTC's
These schemes know exactly what people will post when the hammer falls. They also know the same investors will jump right back into another scheme run by the same people that will eventually end up the same.
It is 100% the investors fault. Not the OTC pump schemes. If people want to throw money in the trash, they are right there to take it from you.
It's how these are set up and end up.
Just common sense.
UH OH! SGMD better change cusip and ticker FAST -->
Even if sgmg did have MJ crops, they would likely be shut down by the SEC. They now have NO choice (And that is if they really were in the MJ crop business) to shut down the MJ and reverse into a new scheme. SGMD can now blame the failure on SEC compliance that will make it impossible for them to be in the MJ industry.
SEC Proposes to Enhance Disclosures by Certain Investment Advisers and Investment Companies About ESG Investment Practices
Cannabis and ESG
Cannabis companies have made their own ESG pledges, such as HEXO Corp’s pledge to be carbon neutral, which was achieved in September 2021.[6] Cannabis giant Trulieve announced in November 2021 the publication of its first ESG Report, highlighting the company’s ESG achievements to date and establishing targets on environmental and diversity, equity and inclusion (DEI) initiatives.[7] Similar ESG pledges from cannabis companies soon will be commonplace and even expected.
Although ESG messaging and disclosures can be good for business, they come with significant disclosure-based risks. Some examples of ESG claims that already have impacted the corporate world include (1) environmental claims involving pledges on climate change and net water positivity, (2) social claims such as #MeToo and failure to meet DEI goals, and (3) corporate governance issues such as action around cybersecurity risks. Cannabis companies have been subject to management liability arising from these same issues. One may reasonably expect more ESG-related risk to cannabis D&Os going forward based on the combined impact of the cannabis industry’s rapid growth and increasing ESG pressures on all companies.
I am surprised a stinky pinky has not emerged as the NEW baby formula scheme. I am sure one will pop up any day now, and like always, people will invest.
Mattie, If people STOPPED investing in these schemes those questionable people will have no way to make money and they would end up broke. The problem is, investors who invest in these schemes do so knowing they are schemes. NO ONE can say with all honesty that they thought this one was the real deal.
Everyone has to know by now, PR's NEWS etc that has the disclaimers at the bottom are nothing more than a pump and dump. No one who invests can be that dumb to see the writing on the wall.
This is simply the same as someone buying a $20,000,000 jackpot lotto ticket that did not win and they blame others for the loss. OTC's are a lotto play, the problem is, on the OTC the chance to win has less odds.
Suissac, that is what I was referring to when everyone thinks they can rush to sell on the bid and get the sell order filled that will never happen.
80,000,000 on the bid is to make people think the MM's want shares that causes investors to buy on the asked. And as soon as even one person sells 1,000,000 shares on the 80,000,000 bids, the MM's will drop the bid volume far below 79,000,000 as you can see is now only 6,000,000.
If one other person tries to sell on the bid even 1,000,000 shares, the bid volume will drop again to 50,000 maybe more or less.
That is because the MM's do not want to load up on shares they cannot sell but want investors to be fooled that bid support exists when it does not.
Also the brokers and MM's are getting debt shares for much less than $.0004 maybe as low as $.00005 so why buy on the bid at $.0004 when they can get more for less from debt investors.
20,000,000,000 sold at even $.0001 even at this end stage is $2,000,000 while most of the big money was raised on the initial stages when the shares traded at $.05 or higher that generated over $50,000,000 in FREE CASH!
I said it over and over. ALL the money made on these schemes belongs to SGMD and the debt investors and YOU cannot have any of it.
Suissac, you wrote;
MallenNV, you're correct but, you don't go on Cannabis Talk Radio 101 and say you're bringing in $10,000,000 in PPE sales, when hundreds of thousands of Americans are dying from COVID-19.
Yes you do if your only goal is to sell shares.
I told you that a company could accept a check for $10,000,000 from a 3rd party customer (secret associate) that has no funds to back up the check. SGMD can say they got a $10,000,000 order and after dumping shares they just say the order was cancelled by the customer.
SO! Let me get this straight. You think that using a crisis or social issue to sell shares is not nice or while people are dying? That is when schemes do the best sales of shares. The plan is to sell shares not care about anything else.
And for that matter, why would they promote PPE on a cannabis talk show?
Also just FYI,
To pump and dump is also used by mothers who are nursing a baby. The term Pump and Dump is associated when pumping breast milk that is then dumped due to issues with diet or other reasons (medication) that can contaminate the milk.
It also means meeting someone, having sex and taking off never to contact them again.
Maybe they should arrest all new mothers since many of them are also pumping and dumping.
You are mistaken. Here is why.
OTC Investors are like bank managers.
If the OTC schemes CEO robs a bank they are breaking the law. If they walk into a bank and the manager (investors) says HAY HERE IS $1,000,000 for FREE and the CEO takes it, they did not break the law.
The problem is the OTC CEO's who are running the scheme are not taking investors money illegally, they are being handed the money willingly by the investors.
That is the difference. Taking it or being given it. Illegal and legal.
A pump and dump is by definition NOT illegal. It is associated with something bad as an example but by no means is it illegal. Selling your car by pumping it on ebay and dumping it to the winning bidder is also not illegal but still is a pump and dump.
The stigma of the words pump and dump are associated with schemes that do in fact pump and dump the stock and most OTC schemes do it legally or no OTC tickers would exist and the OTC shut down having no more tickers listed, or at least the majority. The SEC uses the words as an example but is no way by definition are the words a legal term for illegal activity but simply slang.
You can say you stole a car and be questioned by the police but when you say you stole the car by paying $100 when its worth $10,000 is slang for getting it so cheap it was a steal.
Would people still buy OTC pump and dumps if they changed the words to "Marketing and issuing" or "Promote for sale and distribute" same as pump and dump.
The problem is with these stocks, investors would still buy into them if they were called "Hyped BS and an abundance of worthless shares issued” But that is pretty much what most disclaimers say anyways so it is no different.
All the issues with OTC stocks and angry investors have only one to blame. Them selves for giving money away and get nothing in return.
Suissac, you wrote;
Bad CEO's will not survive in a Bear Market; all Pumps going forward will be reported.
Bad CEO's from pump and dumps, only operate in a time frame that ends before the SEC can take action. If SGMD has exceeded that time frame and no action taken is due to the company "SGMD" not doing anything illegal.
A pump and dump is not illegal if done legally.
If you what to sell your house you pump it on a real estate listing and you dump it to the buyer. It's legal just sounds bad. If you pump a house to sell that does not exist and you sell the same house to 10 buyers on a pump and dump, then you are in trouble. SGMD is a pump and dump but they are not doing it illegally.
That is the reason they lasted this long and will continue to pump a dump legally. You can file and complain but if they are dong the pump and dump legally, they will keep making money and not face any enforcement actions.
Pickle, he meant $.00001PPs
Suissac, In case you did not notice;
You wrote;
All jimmy chan (all lower case), does is extract Shareholders Value to his cronies. The Shareholders will be wiped out, on a 1/200 Reverse Stock Split, if granted.
You are to late in your 1/200 statement, investors are already wiped out.
Suissac, you wrote;
MallenNV, you are correct but, after doing this time and time again, it show a pattern / track record that will supersede what you're saying here.
The only ones doing things time and time again in any pattern are investors like you who keep giving these pinkies all your money.
Fool me once, shame on the OTC scheme.
Fool me twice, shame on the investors.
Fool me more than twice, seek a shrink.
SGMD could grow, not will grow. Here is what SGMD can say.
SGMD "Will Grow," 64 tons of MJ.
This PR is brought to you by Mr. William Grow.
That should take care of using WILL not COULD legally and in compliance. HA! And all before the Mr. Coffee is ready.
Only one type uses the words BRO and TO PENNY LAND.
Paid Pumpers with little vocabulary and no logic.
I'm not a bro by the way.
Again you wrote;
all i know is this is bottom, nothing but up from here
All personal speculation based on panic. I get it, it hurts, I feel the pain that drives people into insanity. You know? nothing but up?
What evidence are you basing your post on?
Please do not say, You have proof but cannot say because you cannot reveal your source.
Realtalk, that is incorrect, you wrote;
When weed becomes legal this will fly to 5 cents, long term hold here 1-2 years.
I posted before that if SGMD is unable to make $$$ in the legal states what makes you think they will make money when all states are legal? It will just be failure on a national level not just state level for SGMD.
If MJ becomes legal federally, SGMD will just use that to sell more shares by adding another 50 billion to the authorized and sell them below investor profitability.
States that are legal are seeing billions being made in the MJ space yet SGMD is losing money in the same states that others operate in because they are not in the marijuana space. They do not own any dispensaries, they do not grow any marijuana, and they make no revenue from the marijuana space.
That same structure will follow to a national level but the PR’s will say, now that MJ is legal in all sates, TO DA MOON!
I understand you know this already and in many of my posts I state that investors who have lost quite a bit often pump up the stock just so they can get out even at break even by getting others to be sucked into the schemes plans. You in many ways are an unpaid marketing employee of the scheme that keeps the OTC from being charged with those misleading posts.
The best pumpers a scheme has is when retailers pump the stock as you are doing and the best part for the scheme company is when retailers lie to convince others to buy because it removes any questionable news or posts away from the company. When retailers start to lie and pump it is not only free publicity for the company but also holds the company harmless from any SEC compliance issues.
When you say it will fly to $.05 with no disclaimer or proof, the company is off the hook, as some believe that will happen. If SGMD said this will fly to $.05 with none of the disclaimers they would be charged with fraud and misleading data.
Part of these schemes plans is to get retailers to post lies or guessing or facts such as it will fly to $.05 as a fact when that is not an actual fact. Here is one problem. The SEC can in fact go after you for that because it is a security manipulation issue. Have you ever noticed when others (paid pumpers) post this will fly to $.05 always have at the bottom of the page, that they are just posting opinions and no one should rely on the post as accurate info?
That is because if you do it often enough with out the warning you can be held liable. What you need to say is this COULD fly to $05. But again if SGMD were in the MJ space in legal states they would have already been selling $100,000,000 and netting $30,000,000 but the fact is they keep posting losses.
When you sold SGMD at $.02 it was the same as if you were on line at Best Buy for black Friday sales and only 10 people were on line and the store had 20 big screen TV's to sell at the special sale price, You each will get one or even (2).
Now trying to sell SGMD on any slight rise will be like 10,000 people on line at Best Buy who all rush in for the sale when they’re are only 5 TV's available.
Only 5 will get one leaving the others with no TV. People will be fighting for the TV’s the same as fighting to be the first few to sell the shares only to have the bid door slammed shut after a few trades.
And I am sure 1000’s already have the selling price set into the brokerage accounts that will automatically be sold when it hits the price they chose which will be not much over the current price just so they can get out even at break even.
That will mean no one who wants to make a profit will get the change to sell on the bid for a profit as break-even sellers dump shares. And remember, anyone who bought now for the first time at $.0004 who did not buy higher and cost average means anyone who owns shares in SGMD who paid more than the current price who did cost average which is everyone here I am sure. Will never achieve profitability.
You have three options with these stocks.
1) Do not buy them in the first place.
2) short them when they start the pump and buy back for less
3) buy in at the lowest price hoping for even a 10% rise and get out with a few bucks.
ANYONE who cost averaged will not make a profit. They are stuck in the middle between short sellers and new investors who buy in cheap that did not cost average. It is like being in an airliner in a holding pattern in the sky above the airport with the storm below and the jet is running out of fuel.
Realtalk, remember when you sold at $.02 the float was much less than it is now. The problem is that 1000's more will be trying to do the same. If you sell on any rise that I am sure will not happen, you will have to be one of the first of 1000's to sell before the market makers kill the price. And beware! If the price rises on the asked, the market makers will just get more debt shares for much less than the bid and sell them to new suckers with out actually buying them back on the bid.
This assures no one at this point can sell on the bid. Even if the asked went to $.03 with a bid of $.02, why would the MM's buy them from existing retailers when they can just call the debt investors and buy them for $.005 and make more on the sale spread?
At that point the bid on any rise in the asked is also smoke and mirrors. If the brokers started selling 10,000,000 on a new rise in price and the bid did not move, you would have your proof the shares sold came from the debt shares. That is why they put the bid at a high volume. If the bid were to also be 10,000,000 and someone sold even 100,000 shares the bid would not drop to 9,900,000 but would instead drop to 50,000 and one more sale and the bid will drop below profitability.
Remember one key factor. This money belongs to SGMD, the debt investors, the market makers and the brokers (commissions) and YOU cannot have any of it.
You think the brokers who know this would not let the transaction take place seeing that the shares sold exceed the float or even the price is not accurate. The reason is. They are also in on it. If they look after the buyers, the brokers would lose millions each week in commissions.
Everyone makes money except the retailers. Sure some may make a few bucks but I have never once met one investor who bought these stinky pinkies who can show they made much more then a month’s rent or grocery money. When they say they made a killing on the stock, they are lying.
YES! just send me $100,000 in cash and ill put you on the waiting list. GUARANTEED you will get a seat.
Only the waiting list is 200 years long.
They never spike and if they do, you just leave the short open till it drops back down. A short can remain open for many years and in that time ALL pump and dumps drop in price.
Breaking News!
Here is your daily wake up call!
My son and his team at Space-Z after years of design and planning have successfully launched a pressurized propellant rocket similar to the way Elon Musks space-X rockets operate and the team celebrated that the test rocket had lifted off with out any issues on April 24th 2022 at 11:am at our western launch facility.
We are also pleased that this initial launch that included 3 live test pilots also successfully survived the test flight. After the space rocket chutes deployed and landed the rocket safely back to earth, the 3 test pilots emerged in good health and with no injuries to report.
The intention is to now further design larger rockets that we expect could be a direct competitor to Space X and enter the Trillion-dollar space industry with disruptive potential as a competitor to Space X and the Russian space agencies.
We estimate that with further planning we can expect to soon launch another rocket with the intention to travel towards the moon, mars and beyond with the goal to eventually colonize on Mars.
We are excited to allow investors to take part in this plan and strategy and expect our company to reward investors as we anticipate the future of the company with a rocketing share price in the near future.
We believe and project that the company and stock could also eventually up-list to NASDAQ. Currently our shares are being offered at $.01 per share and in order to be listed on NASDAQ the shares have to be at least $5 per share (a 50,000% gain)
The anticipation should that happen could turn each $100 investment into $50,000 in the event we do up-list to NASDAQ.
$100 could be $50,000 or more!
$1000 could be $500,000 or more!
$10,000 could be $5,000,000 or more!
When Elon Musk started SpaceX no one believed hey could ever achieve what he did and that is the same plan we seek that could end up the same and may even create a possible buy out target from spaceX that could send our price well above $10.00 per share.
The capital being used in part will be to further the company and construct 5 new advanced rockets based on our current design and successful first test launch.
Our goal is to reward and increase shareholder value based on the proof our business model worked as we intend to vertically integrate our strategy to new heights.
With the successful initial launch with 3 test pilots the future and beyond could reward the world with new opportunities and allow investors to take part in this historic journey.
TO DA MOON now has new meaning.
Internal secret documents.
We have secured a launch site in our back yard as evidence of the location.
Also;
Send the following image (seen below) of Mrs. Allen and her son to the SEC to prove we did in fact launch a rocket with 3 live test pilots that survived the mission. This will keep us in the clear from prosecution and evidence that the PR we sent out is in fact the truth.
Keep the float at 200,000,000 and during the initial stages of the marketing the shares should ROCKET (pun intended) from $.01 to $.25 assuring investors of a small float and allow us a fast influx of $50,000,000. They will not sell believing we will go to NASDAQ and achieve a $5 or more share price. Also make sure the bid volume suppresses anyone from selling.
Tell the market makers to sell as much as they can at $.25 even if it exceeds the float by 800,000,000 and we will back up the additional 600,000,000 shares sold once we file to increase the authorized to 20 billion shares and issue the market makers the over sold shares before they are considered naked sold shares.
Once that is finalized start dumping shares for $.01 and continue till the share price drops to $.001 to bring back in cost average buyers and new investors who believe will rise back to $.25. Do not let the share price rise! We only want to make money and NOT allow any of the retailers to be able to sell at a profit. The more they make the less we make and we want all the money and they cannot have ANY!
Keep me posted; ill be at the Ferrari and then onto the Mercedes dealerships to pick up my new purchases.
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,
uncontrollable forces of nature 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.
Suissac, once again you are mistaken. You wrote;
Not one business deal jimmy chan (all lower case), has ventured into has worked out, buyer beware!
That is not true. Jimmy and the debt investors set out to be a share selling scheme only and that worked out very very well for them, just not investors.
Always as usual.
Pickle, the news about the 1/200 was to scare those who invested already to buy up more so they have a decent amount after the RS. Investors calculated that if they own 100,000 shares they paid on average $.005 ($500) knowing that if SGMD does the 1/200 they would own only 500 shares. The logic is to keep buying more at this low price and accumulate another 1,000,000 shares at $.0004 ($400). That means they would own 1,100,000 shares they paid $900 for combined.
If SGMD does the RS, those 1,100,000 would end up being 5,500 shares. $900 divided into 5,500 shares comes to $.16 cents per share with the hope they pump it back to $.40 so they can sell the 5,500 for $2,200 and make a $1,300 profit.
Keep in mind that this is SGMD's and the debt investor’s money and you can't have any. And just like the decline now that keeps everyone at a loss will happen after the RS. Sure they will attract more new investors who buy in at $.16 and they also will end up cost averaging down like most did already.
Anyone getting this yet?
Everyone has some excuse or answer why all this happened that never points to the facts, just beliefs. That is the main reason these OTC's stay afloat, no one looks at facts or data just a wing and a prayer.
Suissac, I said it again and again. He will shut it down when the stock dilution has no more buyers. You will get your wish but it will be a decision made by Jimmy. SGMD will be long gone by the time any enforcement happens.
You have to know this by now, this cannot be your first experience with these OTC's. You know this would, will and has happened. Why do you act so surprised?
Suissac, Fractions would be wrong, it would be "a fraction of a penny" Fractions means there is more than one. Since it is number related to only SGMD it would be singular.
If you invested in many stocks that tanked like SGMD, you would say that your list of stocks have all dropped to various fractions of a penny.
I misspell words as well, just killing time waiting to see if SGMD does the 1/200 so I can jump in on the short.
Was a date set for the RS?
Suissac, Your correction is not necessary. You had it right the first time.
jimmy chan (all lower case), great job increasing the Shareholders Value to a fraction of a penny.
corr., fractions...
The correction "fractions" would be used if you did not use the "a" in the statement.
Using the a here is the results.
- to a fractions of a penny (incorrect)
- to a fraction of a penny (correct)
:)
Suissac, you wrote;
I always bounce back from my losses.
jimmy chan (all lower case), will see the POWER of MY GOD ALL MIGHTY!
If you always bounce back from your losses, why then this time are you calling on GOD to do your negative bidding that was not due to Jimmy’s actions but your own beliefs in greed and the all MIGHTY DOLLAR?
Solomon said that if you want to heap hot coals on the heads of your enemies, be kind to them. He also said, “And the Lord will reward you” (Proverbs 25:21-22).
If you always bounce back from your losses it would be logical to not use GOD as your weapon against SGMD but by calling to others to witness GOD being used in that manner is blasphemy. “Jimmy will see the power of my god almighty”
According to Solomon you are now breaking your own belief in religious rules and taking the devils side. If you ALAWYS bounce back based on the belief in Proverb 25;21-22 why would you turn to the dark side with retribution and drive to hurt others when being kind to them you are also rewarded as you say you ALWAYS bounce back.
You have to now know that your days of bouncing back will be gone when calling on GOD to harm others when the cause was your own doing.
If you throw stones at your enemies and hit an innocent child and blame the rock, you have just limited your own beliefs and are using what ever is available to cause fault with the rock GOD made but it was you who cast the stone.
If you see the enemy and join them on the quest (buying SGMD shares) knowing they will harm others so that you may benefit believing you will not be held in contempt and safe from harm is also against what GOD stands for.
Timothy 6:9 - But those who desire to be rich fall into temptation, into a snare, into many senseless and harmful desires that plunge people into ruin and destruction.
Luke 6:28 bless those who curse you, pray for those who mistreat you.
You have lost your way. Play the game, leave GOD out of it.
Suissac, Jimmy will end this soon when the dump is over. You will not and cannot stop him. Jimmy will end it himself.
You know this will end eventually and when it does I am sure you will take credit for that. I do not know how much you lost on this scheme but most who take the constant irrational and wrong approach to your frustration either lost quite a bit or only a few hundred bucks. From my experience, those who lost very little are the angriest. I have said it again; there are 3 kinds of investors in these types of schemes.
1. Those who invested $500 and say, its only $500 no big deal and they stay silent.
2. Those who invested $500 believing they would rise to $500,000 and blame the CEO for them loosing $500,000. They are the loudest irrational screamers of fraud and threats.
3. And the high dollar investors (Over $5000) and anyone who did take that position in this stock has even a more serious addiction to loosing money. But they rarely scream because they do not want to be seen as a sucker who lost far more than $500 who eventually cost average to lower the price down not to make money but to just say they never invested much per share. Addiction piled onto addiction.
But the few at best higher dollar investors rarely if ever spend every day posting threats that are only being addressed to the CEO who never reads these IHUB boards. Except for maybe to get a laugh every so often.
What is evident in your posts is they are all based on what already happened and what will happen that is also based on historic facts and show that no efforts on your part did anything to stop this over the past year or more. My only conclusion is you are more in line with someone associated with option (2).
You said they stopped posting PRs implying that you made that happen and when I showed you they continue to post PR's you say "well they are just fluff PR's". Then the other day you posted SGMD is a share selling scam, which has been evident for over the past year or more.
Now you should know Jimmy will trash this scheme soon so now you say he will be gone soon. But that is a historical face and Jimmy will never be a CEO of another scheme again because this is his swan song not the start of more schemes. So saying Jimmy will never be able to do this again is also a historical fact. The debt investors who will do this over and over, never recycle an OLD damaged CEO with a bad past history.
You posted congress complaints and your top-secret people will stop this (for over a year) but when the stock went up a little you cheered Jimmy which means you must condone the scheme.
When a scheme that is questionable has its shares rise, no one cares it’s a scheme and they cheer the CEO. But when the stock tanks, they all cry crooked CEO needs to go to jail. That tells me you knew all along this was a scam only when the stock was up it was OK to be in it and now that its down you want your money back.
That’s the same as the guy in Florida last month who called the police because he bought Crystal-Meth and did not get high from it and wanted the police to come to his house to check if it was real, or if the drug dealer ripped him off. The police arrived, tested it and it was real and they arrested the guy.
That is similar to your post on this scheme. It’s OK when it’s good and when its not you want your money back knowing what you did was wrong in the first place. I am not against you in any way. I am hoping that at least some of what I say sinks in so next time you take some cautions based on the various stocks you lost money in. If you continue your current investment strategy you will end up never making money in this market.
I am sure your frustration is also not just because of SGMD but the constant losses that seem to always happen and the anger now is because it is an accumulation of hate and anger but at this point the other CEOs are gone and Jimmy is still around to vent to. Once he is gone and you mover to another losing ticker the cycle will continue till you stop and think, or snap and do something that gets you in trouble with the law.
It’s like being a billionaire and marrying a women who takes you for half your money then you marry again to the same show trophy wife and she does it then again and again and eventually the 5th wife you say NO MORE and you end up on DATELINE OR 20/20 for murder.
People who have wealth do not invest in these schemes (they short them) and those who are wealthy usually walk away with a tax write off but they never stay and post as if the CEO is reading this.
If someone went to SGMD and said they want to invest $10,000,000, SGMD would likely not take the money because it’s so significant that when the investment becomes worthless and SGMD knows it will be, they last thing Jimmy needs is a guy who lost $10,000,000 and won't just post (all lower care) but go find Jimmy and drag him to court.
That action would stop the schemes pump and dump and these schemes do not need the hassles of dealing with that large single sum from one investor. That is why these schemes operate on the OTC, they are safer having 10,000 invest $1000 each for the same $10,000,000 and not worry about any one investor taking legal action.
It would cost a person $20,000 to sue to get back $1000. If you invested $10,000,000 Jimmy would end up worrying about where he goes out to eat or when starting his car in the morning. OTC’s operate on many who invest smaller amounts, its better to have 10,000 say “it was only $1000.”
A few who invest much more would take more drastic legal actions against the company or worse!
I once purchased a media recorder to transfer files from USB and other devices to a DVD and paid $2 for the unit that was in the original box that retailed for $299. When I got it home it did not work. The plug and voltage unit was wrong and the previous owner literally blew the insides up and knew it was broken and sold it to me anyways. But for $2 I threw it away and said its not work taking it back for $2 and chalked it off as a loss. If I paid $200 I would have gone back. You get my point with stocks and why schemes do not want larger investors.
And trust me, Jimmy is not losing sleep because you not only refuse to use capitals in his name but that fact you have to spell it out as if no one sees they are lower case is beyond rationalism. Its pure hatred, I get it, it sucks, and it hurts. But if you feel better doing it that’s also OK.
This will end eventually, the ticker will go dark, they will stop paying the OTC the fees and drop to the EM/Grays or they may stay on the OTC and just RM the ticker, cancel all SGMD shares and start the process over again.
Now with gas prices up causing a rush to buy EV and the need for more lithium for batteries or AI/IT the best thing Jimmy can do for himself and his buddies is to RM into a new ANTI Russian AI or Lithium mine stock. That is what is HOT now and that is where the money is being dumped on new schemes.
The same PR about legalization of MJ is done, that has run it’s course and the money raised selling shares topped $80,000,000 so far. With the dilution and no way for the stock to rise, they must convert to a new scheme and ill be there to short that one as well.
Think of it like this. Your local movie theater started showing the film Starwars and people lined up to see it. But like SGMD the move is played out as other movies were produced and went to other theatres. You may have seen the STARWARS in that theatre 10 times but soon you want to drive across town to see Raiders of the lost ark or other films. Once the theater stops getting customers on the Starwars film they have to send it back to the studio and get a new HOT movie.
That is what stocks are like and they never last like an out of date film in your local theater. So that is what this is like, an out of date, over played movie that stops people from paying to see the same movie.
The theater either has to fold and close up or dump the old film and get a new HIT to attract the same viewers who stopped paying to see the old movie or turn you theatre into a new MJ based restaurant.
OTC schemes are no different. A movie theater, marrying 5 Vegas show girls, or getting ripped off from a drug dealer. All one and the same.
Play the game!
Suissac, even without the 1/200 everyone will be wiped out. You still seem to think there is a chance if there is no RS for some reason.
I told you the way you can make a change to the rules by investing $20 million to get elected to congress and then try and make changes to the SEC rules. But not to worry, you have another option to recover all your losses.
Find out which affiliate is working with SGMD and go get a job as a cashier. When you get hired, start taking $20 extra per day from the register till you have recovered all your investment loss.
Seriously those are the only two ways you will recover. If SGMD does a RS I will be the first one to start selling short.
FYI, the double dated PR's is because they sent each one out twice per day.
Suissac, Are you asleep at the wheel or are you so blind to the facts.
suissac post
Monday, April 04, 2022 3:30:17 PM
Re: MallenNV post# 52551
Post# of 52554
MallenNV, I just wonder why jimmy chan (all lower case), stop pumping out PR's, you think about that.
What makes you think they stopped posting PR's referencing that you had some hand in that when in fact they are pumping out PR's as you claim they are not. Learn from YOU. HELL NO you have nothing to teach. Sorry to say.
My guess is when SGMD folds you will say you made it happen when it's just a historical fact. I am now 100% convinced all you have is words because now even you are making things up. WAKE UP MAN!
Here in case you missed all the recent PR's. WHEW this is exhausting.
OTC Disclosure & News Service
Sugarmade Expands Cannabis Delivery Business and Launches Innovative Distribution Model with Dining PartnershipPress Release | 03/30/2022
Sugarmade Expands Cannabis Delivery Business and Launches Innovative Distribution Model with Dining PartnershipPress Release | 03/30/2022
Sugarmade Exploring Potential Move into Omakase Sushi and Cannabis Venture Space in West Hollywood LAPress Release | 03/16/2022
Sugarmade Exploring Potential Move into Omakase Sushi and Cannabis Venture Space in West Hollywood LAPress Release | 03/16/2022
Sugarmade Signs Binding LOI to Enter Rare Cannabinoid Market via License Agreement for Patented THC-V Rich ChemovarsPress Release | 01/24/2022
Sugarmade Signs Binding LOI to Enter Rare Cannabinoid Market via License Agreement for Patented THC-V Rich ChemovarsPress Release | 01/24/2022
Suissac. No investor’s money went to Jimmy. Jimmy is not selling shares to investors. He is just issuing shares to those who pay down SGMD's debt. Yes the debt that is paid ends up with Jimmy but that money is not from investors and is not recognized as an asset or compliance issue with the SEC. The debt shares being sold to investors are from groups that have NO affiliation to SGMD.
I am going to repeat my words so maybe it sinks in.
Jimmy cannot and will not ever be charged with any financial squandering of funds because SGMD never received any funds from investors. None of your money went to Jimmy. Even though you bought SGMD stock, the stock came from those who own it that are not part of SGMD.
If you buy an Iphone and resell it as an apple product, the funds you sell it for is your money and not apples. If the phone is broken the buyer may complain to apple but they will say that was owned buy someone who bought it and no longer Apples issue. With no one to get pissed at for your loss, people go after the issuing company, In this case SGMD when SGMD did not sell the shares to investors directly.
If you sell your car to a stranger and instead of registering it they leave it in your name and drive drunk and run over people and leave it at the crime scene will you accept the blame because the car is still in your name? Of course not. That is what you are doing with SGMD; you are blaming Jimmy for your loss when it was the 3rd party buyers who killed the price.
Sure Jimmy is in on the scheme and has to issue news to get people to buy what he already sold but that news is always intent and rarely ever happens. The only thing that gets people to buy these shares is the belief it will shoot to the moon but they never do.
Buyer beware.
Jimmy has clean hands thanks to regulations that protect the debt investors and those OTC's who sell or issue the shares for debt payments that are far less then the share price will ever be.
The difference between an Iphone and stocks is stocks have no value or even an asset you can use, touch or hold. Electronic shares are more of a ghost or phantom that is really just a figment of ones imagination. Yes you see the shares in your account that you paid for but in reality they do not exist if that makes any sense.
People end up buying and selling non-existent bits of electronic data with no regulations as to how much can be added to the market place or who even is issuing the diluted shares.
The only issue is that in order to make the shares sell in abundance (even in a declining price), the company (Jimmy) has to release news to get people to buy the stock. Since Jimmy gets ZERO money that investors paid for the SGMD stock he cannot be charged with any squandering of funds because SGMD and Jimmy never took your money.
And SGND cannot be charge with squandering company funds because SMGD has no funds to squander, only news of affiliates and non-owned working partners that have no benefit to SGMD, your shares value or SGMD's bottom line.
I thought you said you were out of this stock awhile back if I am not mistaken so what is your motive? To help others by calling congress or your top-secret friends in high places?
I’m not saying you do not have the right to do what you say you are doing but what you are doing is also posting PR that is just intent news to cause a reaction. That is exactly what SGMD does, they post intent news to sell shares, and you post intent news to investors to also seek some outcome that will never happen.
One fact is clear, SGMD is making things happen in they’re favor while your actions are sill just intent PR. Unless you can prove an actual filed documented SEC indictment or charges against SGMD or Jimmy (not just a filed complaint but an actual case opened that is criminal) it is all intent PR.
You can say it will happen but that does not mean it actually will. If that were the case, SGMD would be $5 per share and doing $200,000,000 in revenue.
Saying your case is in the works or you can’t say what is happening but it is going to happen is the same as SGMD saying we may do $100,000,000 in Marijuana sales. Intent PR issued form SGMD or issued from you. Nothing matters but facts not if's and maybes.
One fact is clear, SGMD sold debt shares. Debt investors diluted the stock with no way to ever recover. Shorts made money and everyone else lost.
I’m here waiting so we can make our next move with a huge short position so I am here to make money not complain about losses. But to be honest, If there were not 100,000,000+ investors who did not take the same position in SGMD and 1000’s of other OTC tickers on intent news I would not be able to make any money. Sad to say I make money selling to others what is worthless that eventually crashes and burns.
Some may say we are the enemy of investors but I do not take money from others I just am here knowing so many will be tossing money into the wind and if I don’t take it, others will. Investors who keep buying into these schemes is not my fault, we are just here to make money like everyone else wants too that very few do.
If you buy a rotten egg sandwich that is green with mold and you paint it yellow, it’s still rotten. Buying these scheme shares are rotten from the beginning. The only difference is you cannot see they are rotten but are told by the issuing company they are not. Would you eat a green moldy egg sandwich just because someone said its OK?
I cannot stress the fact that this is the way the OTC is with most listed stocks.
Rotten beyond correction.
Pickle, NO to the question, here's why.
Hi MallenNV, Do you have any doubts that Jimmy will want to turn this around later IF US legalization becomes law?
SGMD is "SUPPOSED" to already be in the MJ space in states that are legal. Other legit MJ companies in states that are legal are making billion$ in revenue with real sales and profits (Legally). If Jimmy were (in your imagination) trying to turn things around they would have been achieved in the MJ legal states they claim to already be in.
This is not about Jimmy turning things around. This is not about running and having a successful business. This is about selling shares period.
If SGMD is in the same MJ space now (legally) and you believe that SGMD's failure is due to the entire USA not being legal, you have just convinced yourself that SGMD has failed in legal states and will fail if all states become legal. Failure on a larger scale.
I get it. You are on a mission to either find the cure or believe the cure is going to happen by de-regulation nationally when those regulates are already eliminated in the sates SGMD says they operate in. You’re loss is making you think that there is hope.
I get it but the truth is right in front of you and not in some congressional de-regulation.
If you own a failed lemonade stand on one side of the street and that failure was intentional, what makes you think setting up another stand across the street will make things all better? When failure is part of the plan you end up with two failed lemonade stands, RIGHT?
Besides, SGMD’s cusip and SIC code states they are a paper company with NO mention of cannabis.
If they change the CIK you can bet the ticker change will soon follow. I told you they would increase the authorized and as such I believe also the cusip and ticker.
SGMD is not about regulations or compliance in the MJ space. They are set up to sell shares, not pot or paper goods.
As far as I can find they own NO controlling ownership of any of the affiliates they are working with. Any mention that they will is moot until it’s official.
PLAY THE GAME!
HAY Thugmuffin, I am ALL IN if this takes off but I won't be buying, ill be shorting it again. I will be ready to short 25,000,000 shares if this hits $.008 and another 25,000,000 at any price higher.
If they do the 1/200 even better. More to short at a higher price then buy them back cheap.
Their is no money to be made shorting 25 million shares at $.0007 and buy them back for $.0005 to make just $5000.
If this hits $.008 on the hyped PR and then $.01 will have me at -50,000,000 taking in about $450,000 and then buy them back at $.0008 ($40,000) and pocket the $410,000.
I love this market; it is just so predictable.
$.008 will be on the asked buys with the bid set much lower.
If, and I say "IF" that happened just means Jimmy will issue more debt shares cheap and the debt investors will sell off the additional 10,000,000,000 authorized (above the other 10 billion sold) and dump them for $.008 for a nice $80,000,000 windfall.
And I keep saying it so maybe it sticks in. Even if the stock went to a level that has even 10% of SGMD holders to even see a break even or a slight profit, only a few may hit the bid to make that happen. As soon as 10 out of 1000's sell on the bid, the price will be moved back to a bid that will only offer losses.
This is set up to STOP anyone from making money other than those who set this scheme up. As normal some new posts are pumping it up and the sad part is retailers will end up with more losses.
If SGMD assets are so valuable as some say, all SGMD needed to do was get a loan against assets and with all the money they say they make, pay the loan and salaries that would have caused the shares to rise UP not DOWN. That is when Jimmy could have really made huge bank.
The problem is not running this as a business. It was set up to be run as a share selling scheme. Nothing more, and only then will people one day realize this is what the OTC is all about.
One thing to keep in mind.
If SGMG posts $5 million in debt, that does not mean that is all that can be raised on the debt conversion. The company debt is what the CEO can possibly make capped at that debt while the debt investors make much more.
If Jimmy ends up issuing all 20 billion shares for the total $5 million debt paid (To himself), the debt investors can sell the debt shares for what ever they want.
Once the shares are issued from Jimmy, Jimmy is out of the financial loop and has no responsibility to see to it the shares are not dumped cheap and kill the price.
If Jimmy makes $5 million and on average and the debt shares are sold for even $.005 for $100,000,000, Jimmy gets none of that cash. He only gets the debt payments that are far less then what the debt investors make or they would not pay down the debt.
It stings the retailers badly but this is how all this works and why. It’s about money not making a company succeed. Some keep saying do not give up on SGMD yet or that they will overcome the issues I post about. But the fact is, the issues you are seeing are the main part of the plan. Make money selling shares.
The more people believe in this company’s future success just proves SGMD's PR's are doing a great job as intended to attract investors and keep them believing what they are told to believe.
I still have that old bridge in Brooklyn for sale if anyone wants to buy it. CHEAP!