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"Today, I have good news: that expansion is officially underway. We are expanding BudCars initially into the North San Francisco Bay Area and the Wine Country Counties. That will be followed by our grand opening of BudCars Los Angeles, which we anticipate now will take place sometime in November."
Jimmy, you keep expanding Budcars, but the expansion continues to be the time frame for both LA openings..??
Jimmy, you tweeted months ago about SGMD's 5000 sq ft grow facility...and SGMD was adding another 150 lights...and another $5m in revenues...yet, it appears our SGMD facility ownership at that time didn't exist..WTF? Who's in charge of those tweets?
Can't remember when Jimmy started off Monday with a PR..:)
"DROP BY EARTHY MIST DISPENSARIES IN OKLAHOMA TO SEE FOUR ERBB AGMs IN PERSON!!!"...Fake news!! Only two confirmed! Visitors, tread carefully in erbb jungle.
Maybe .0012..Don't think anything lower will hold for long this week rat..Disappointing 10k coming, but imo CEO has already mapped out his PR pumps to offset the 10k..Still looking for a coinciding creative PR for a short term flip opportunity..Minutes matter, be ready..:)
What revs are you referring to?
Greedy insider dilution crushing everyday shareholder!
And remember hearing we could visit 4 Earthly Mist stores in OK and see 4 AGM's...lolol
Good question..Indigo Dye Group is dba Budcars, and it appears Clint Walker, or possibly a group headed by Clint Walker, owns remaining 60%.
Per July8 PR-"a pace lined up to close out September with annualized BudCars revenues running at or above $11 million"
https://ih.advfn.com/stock-market/USOTC/sugarmade-pk-SGMD/stock-news/82816448/sugarmade-announces-calendar-q3-budcars-sales-expe
So, per Jimmy, Budcars running $11m annualized right now, and that is why I'm fronting Jimmy to put up or shut up about Budcars 30% option..Budcars reportedly bringing in nearly $1m monthly..And Jimmy has earlier reported 48-50% gross profit margin and 19-20% net profit margin..
If profits not reinvested, SGMD could be netting $80k monthly on Sacramento alone..If Jimmy exercises the 30% option, that nets another $60k monthly just on Sacramento, and that doesn't include any continued growth or new Budcar hubs opening up...I don't see how Jimmy can dance around the 30% option any longer..I did notice the promo team has elevated Budcars language to "operational control" recently..:)..:)...everything but the real thing, and that is Budcars "controlling interest".
I suspect we find there are other obligations that need to be met beyond a simple $525k payment to exercise the 30% option agreement..gl
I don't think Lindel is cut from same cloth as the others..His naivete will be overcome with the realization of what these characters are all about, and that's why I think he might reassess his involvement and move on to a better suited, more reputable operation..Seize the moment Lindel!
Hopefully, he has managed to keep his integrity in tact..But Mother often reminded me that people often judge you by the company one keeps..Hope he moves on to a reputable penny vending play before the ERBB brand embedded and unable to wash away.
Up to $11m Budcars sales by June30? ...Jimmy already PR'd July1 that Budcars did about $1m by June30...gl
https://ih.advfn.com/stock-market/USOTC/sugarmade-pk-SGMD/stock-news/82769678/sugarmade-announces-june-performance-record-growt
July8 PR.."In addition, Sugarmade continues to focus on further bolstering future top and bottom-line growth through aggressive expansion and verticalization plans, including the upcoming opening of its BudCars LA hub and the establishment of inhouse cultivation and product manufacturing operations at its new 5,000 square-foot indoor premium cannabis cultivation facility located in very close proximity to its Sacramento BudCars hub."
Jimmy, why no update in 3 months on this 5000sq ft grow facility?
imo, Lindel should cut a deal with Nipton (Shearin/Roxanne), EZweed (Dow & investor team) and Hempful Farms Chris Martin..Shearin can pick up a penny shell anywhere..New crew could replace ERBB in a heartbeat.
rat, whatever became of the ERBB/Pawpuddy joint venture? Do you think Chris Martin participating in Shearin/Dow conference calls planning a JV?
rat, remember the photo you posted where big pals Shearin and Rich Dow were embraced at the Virginia Grow a couple years ago? Shearin has replaced Scot Stoegbauer in Nipton, Dow is now VP at EZWeed (did you catch Rich's website photo in EZWeed swag?)..Something tells me Shearin/Dow critically thinking their next move..Stealing Lindel would be a bold move! ....and payback?
Is EZWeed making a play to steal Lindel from ERBB? Lindel's clammed up bigly in the last 3 weeks..If Lindel bails, ERBB vending doomed!
WoW!!
Budlife (Plantation Corp) CEO Robert McGuire died last April..Budlife operation literally dead in the water at this time.
SugarMade announces that we are adding 150 cultivation lights to our current grow facility which will bring in another $5m revenue as well as taking over another facility in Marin County for #cultivation & distro. Press to follow in the coming days. $SGMD #cannabis #edibles #Pot pic.twitter.com/FBdkBerj2z
— Sugarmade Inc (OTC:SGMD) (@Sugarmade1) March 13, 2020
Lindel, why let Panpacific chop up the dope profit?..Eliminate the deadweight revenue funneling overhead..Make your Vendweb move Lindel..imo, several would come on board..gl
Maybe Lindel seizes opportunity to go rogue with somebody like EZWeed? VP Rich Dow big friends with Shearin..Lindel/Rich could use Steph's penny "expertise" and even drum up Lamar funds for a shell? ..Now, wouldn't that be a treat...
Do you think Lindel will dump ERBB and go rogue? He mentioned earlier the biggest hurdle was to overcome the American Green brand image? Lindel been quiet lately.
rat, more .0012s coming today fo' shizzle
Recent ERBB SOS Wyoming stock scheme:
6/10/19...A/S raised to 60 Billion
9/12/19...1/500 reverse stock split...A/S 120m
4/02/20...A/S raised to 970m
5/22/20...A/S raised to 1,470,000m
9/03/20...A/S raised to 1,995,000m
So, $1000 presplit = how much today? I'm afraid to post because there is no way I can be right...
.0012s today!
Don't have it handy, but I believe in last financials SGMD reported they have yet to receive any Hempistry revenue..over $200k you if I recall.
" Front, I think SGMD will drop to .0013 this week."
Rat, SGMD has already dropped to .0013 this week..:)
Note that Lindel states he wasn't involved in that deal...Interestingly, Hydr8 owners are near neighbors of Skye & Sean (Mohave Hospitality) in Henderson, Nevada....Hmmmm?
rat, 5.9m dump @.0013...ouch
ReasonableTOO Oct13 PR Lifeline-
Jimmy, China has 68k PPE manufacturers/distributors..Vietnam also a significant player.
SGMD noted opportunistic acquisition and joint venture California cannabis deals taking place due to competitive market..and SGMD looking to seize on that opportunity..
Cannot the same be said for Asia PPE industry? !!! Possibly even a better bang for the buck deal? Carryoutsupplies off to a good start with over $10m PPE orders in hand, just need to fill them..Why not utilize SGMD Asia connections established from the restaurant clientele and lock up a smaller PPE outfit ..Seems like a natural fit...Acquisition? Joint Venture? Surely,there is plenty of room to get creative with a deal that just might infuse life into SGMD!
Shearin should team with Vito and do a notable pennyscam documentary for Hulu...starting with ERBB
lindel did state biggest hurdle was overcoming negative erbb image..
wowza Vman..erbb opened at all time low .0013...
Has anyone contacted ezweed to see what the vending terms are?
Holy moly Rat..Signifi in Canada, UK,Sweden,France,Germany,South America,Africa...wowza!. Betcha they pump a beer machine anytime..:)
https://signifi.com/
Rat, betcha Dispension's Signifi Solutions for big Canada mj orders..Check out the 4 photo spread introduction..Betcha getting a custom machine order to market moves along quick-like.
https://signifi.com/hardware-solutions/spark/
Start up Dispension putting together impressive Team..Looks like they are making moves to be a longstanding vending player!
https://www.dispension.ca/about
Introducing Panpacific Intl Team..https://panpacificinternational.com/#Our_team
Ruh roh..Dispension looking to go international! Why did Dispension drop ERBB Partnership?
"An additional 15 units are in production to cover national expansion, and the company is also looking into international pharmaceutical, harm reduction, eldercare, medical and recreational cannabis, and alcohol dispensing markets."
https://www.biometricupdate.com/202008/dispensions-biometric-opioid-vending-machines-ready-for-canada-wide-roll-out
Dispension..5 ready to go, another 15 in the works!
https://www.kioskmarketplace.com/news/canadian-tech-company-introduces-opiod-dispenser-kiosk-2/