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Steph was best thing going for ERBB P&Dumps..RIP SS..&ERBB..:)
Jimmy SGMD pumped Hempistry bigtime..reportedly invested at least $196k into Hempistry for ROI and potential IPO participation..Then poof..Hempistry website disappears, Madisonville KY warehouse put up for lease...and not a peep from Jimmy..
Looks like Jimmy upped his game with Lower Lake vineyard grow..and he can maneuver development cost via SGMD until 2023..A month to month mj 5 acre grow lease after a couple short start up years..Nice potential..for Jimmy LMK.
Jimmy, facing choice of utilizing SGMD funds to exercise 30% Budcars option to begin reporting potentially $10m+ Budcars revenues into SGMD financials now....OR....lease through 2023 (then month to month) 5 acres start up cannabis rights of a picturesque Lower Lake,CA 41 acre hacienda included with 5 acre vineyard that Jimmy SGMD wont own, but Jimmy LMK will..I'll fly the drone overhead at next Jimmy VIP gathering..
Go ahead Jimmy, post Budcars Agreement verbatim as an 8k Exhibit..Double dog dare ya'.
lol..Team Jimmy must be observing board.
Say hello to Jimmy's new 41 acre picnic retreat...
https://www.redfin.com/CA/Lower-Lake/8159-CA-29-95457/home/45646312
Addresses:
If to the Landlord:
LMK Capital LLC 750 Royal Oaks Dr United States Monrovia, CA 91016,
If to the Tenant:
Sugarmade Inc 8159 A Lower Lake, California 95457.
8159 hwy 29 Lower Lake,CA --Address for owner LMK 41 acre property.
8159A hwy 29 Lower Lake,CA --Address for tenant SGMD 5 acre rights.
https://www.otcmarkets.com/filing/html?id=14413926&guid=jvC6UeiLHwp38th
BTW, Jimmy redacted the Lower Lake address early in the Lease Agreement Exhibit language, only to fail to redact it again later in the lengthy 8k Agreement..:)
.0013s hit today, .0012s coming.
Per LMK/SGMD lease agreement--"Addresses. A party shall address notices under this section to a party at the following addresses:
If to the Landlord: LMK Capital LLC 750 Royal Oaks Dr United States Monrovia, CA 91016,
If to the Tenant: Sugarmade Inc 8159 A Lower Lake, California 95457."
Just to be clear per cultivation lease agreement, the contact address for Jimmy's LMK Capital LLC is SGMD's existing (expensed) office located at 750 Royal Oaks Drive, Monrovia CA , which btw is presently SGMD's office...and also shared with ex-acquisition partner BZRTH.
Appears Jimmy has acquired Sept15 a nice scenic piece of property in Lower Lake,CA for his private entity LMK LLC..and public SGMD likely the main means to finance the gig, certainly through 2023..Surprised that LMK appears to have easy? opportunity to end the lease after 2023 if it so chooses, since lease agreement then can be renewed month to month..2021 right around the corner..
Looks like Jimmy's LMK gets ownership and hospitality of attractive ranch
home onsite in slice of heaven...along with 5 acres primo vineyard..SGMD reportedly gets virgin grow rights up to 5 acres, a mobile home and an indoor/outdoor pet clause..:)
https://www.compass.com/listing/8159-highway-29-lower-lake-ca-95457/542568311824025033/
8159 hwy 29 Lower Lake,CA --Address for owner LMK 41 acre property.
8159A hwy 29 Lower Lake,CA --Address for tenant SGMD 5 acre rights.
Lower Lake optics on surface seem to favor Jimmy's personal LMK interest over general SGMD (shareholder) interests imo..That's why it is imperative that Jimmy exercise option and put transparent Budcars operations on SGMD books..Initial Lower Lake gig isn't a big confidence boost that Bud option occurs anytime soon..Wasn't long ago when SGMD invested into Hempistry KY Hemp operation..and then disappeared with no ROI.....8159A Lower Lake CA?
Just got home a bit ago..Decided to DD Jimmy's recently closed residential 41 acre vineyard estate...Slick personal move Jimmy..:)..Now, work out the SGMD/LMK mj mgmt lease to meet your LMK (2 employee) mortgage payments..After reviewing the Ponderosa "spread", the Exhibit lease agreement wording restrictions between SGMD Tenant (Jimmy) and LMK Landlord (Jimmy) now makes sense..Didn't make much effort disguising this gig Jimmy..:)
"maybe starting today"..well, I see it took Jimmy all of 45 minutes later to get busy with grow news prior to 10k due in 15 days...Jimmy, you're gonna' have to up your game bud..
Anticipate promo print crew to get quite busy next two weeks, maybe starting today, and firing away hopefully meaty PRs to counterbalance the 10k report numbers..And hopefully, Jimmy manages to highlight Budcars 30% option intentions in some form...and $500m-1m PPE sales monthly..
Zero dilution today..:)
Just to be clear, Jimmy's public SGMD paying Jimmy's private LMK $20k monthly..Now, who is going to foot grow start up phase for needed infrastructure? Additional SGMD dilution?
ERBB wholly owned subsidiary CANX dropped 78%..wowza! ERBB sub 2 yrs delinquent, end is near! Where is scoundrel CEO Scott S. hiding?
One might think buys to sells ratio thus far today would result in better than 6.25% gain..Curious if the CD VIP insiders trolling and intend to settle up late today or AH???
Well, in Jimmy's mind that is incorrect...because he is majority SGMD shareholder, and keeping the cultivation gig in Jimmy's private LMK 2 employee shell is still in the (VIP) family..right? And heck, LMK same office, and likely same desk:) location as Carryoutsupplies..
Jimmys LMK established in 2015, did $105k per Manta..Jimmy's sales pal Tony Thai wife Amy manages Jimmy's convenient side gig..:)
fwiw, shortly Jimmy will file NT-10k extending (unaudited?) financials due by Oct15
Zero truth to it..There are a couple (worthless) websites that are the equivalent of National Enquirer fake sensationalism news..They release garbage near daily just to draw attention to themselves..gl
Yup, and apparently an open ended delivery date..??..$400k in full today, for maybe machines this year..next year..never? is there a failure to deliver penalty clause in this contract?
Hope all above board..Hate to be involved with another ERBB 2 year DTC Chill..Man, that was pure hell for shareholders.
SGMD has highlighted Budcars revenues meeting 30%+ growth clip month over month..If trend continues, anticipate August $845k and Sept $1100k...We can expect the exciting 30% Sacramento growth trend to slow at some point, curious if August 30% was achieved..Jimmy has yet to update Aug revenue numbers.
Marketplace response weak toward SGMD non binding LOI news..
Got it..but for many, exercising (or not) the 30% Budcars option is some serious chit..:)
Appears you are attempting to give Manslap a run for his money..:)
LINK PLEASE,THX
correct, and similar repeated daily rat-a-tat-tat posting patterns per ihub history..Really does more harm than good imo.
Wonder if EZWEED Rich D. was part of the ERBB compensated awareness campaign back in Shearin era?
Yesterday tweet.." #Budcars exceeds expectations!"..precisely why you should exercise 30% Budcars option Jimmy!
link please,thx...
I'd like to know what the max revenue potential of NugsFarm is, and evaluate NUGS performance..Simon has sent mixed signals as to max potential..
If NUGS efficiently utilizing Espinosa Rd location, and time to move forward..ok..If not, let's improve prior to moving forward and ease the debt pain..Simon's Espinosa RD II association with Espinosa Rd I (and Growers Transport) provides an extensive inventory of large nursery locations in the Monterey area that imo reasonably accessible as needed in the future..
NUGS sure seems to be selling at an exceptionally reasonable price, and not exactly sure why..Awaiting more NUGS numbers to renew.glta
That's why I continue to repeatedly "Front" Jimmy on the Budcars 30% controlling interest option..and advocate for me at minimum,if any, SGMD purchases until Jimmy provides clear insight into BC option intentions..Need to get his attention! Listen, up until last 30-60 days, made little sense to pony up $525k in added dilution..But,if Jimmy marginally close with his released BC revenues and gross profit margins, then on the surface it sure appears the quicker he pulls the $525k BC option trigger, the better!! Budcars controlling interest silence manifests investor insecurity..Jimmy raised A/S to 10B..Get 'er done Jimmy..
I have no problem with initial share price chasing if Jimmy exercises option..In the scheme of things, if Jimmy delivers Budcars expansion plans, that "cost" insignificant..But a lengthy Jimmy delay in (*GAAP) reporting Budcars revenues into SGMD financials could prove much more costly.
jimmy@carryoutsupplies.com
In return for exercising $525k Budcars option today, SGMD has ability under GAAP accounting rules to consolidate all of BC operations into SGMD financials...which includes conservatively $1m/monthly per Sacramento location alone..Last we knew, Jimmy indicated BC revenues growing at 30%+ monthly clip.Jimmy stated July was $650k..Aug $845k?..Sept $1100k?..which is $13.2m annualized! So, think reasonable to assume, given info provided by jimmy:), that BC monthly revenue approx $1m/monthly.
Jimmy 8k'd $10m+ of PPE orders in hand..ready to fill! Let's toss in $1m/monthly revenue potential..and several product offerings being filled by established billion dollar Asian (China/Vietnam) PPE conglomorate..SGMD Carryoutsupplies has serviced resturaunt paper goods industry for years, and boasts 2000+ clients.. Sure seems like servicing the resturaunt PPE niche today...and tomorrow.. is a sweet spot for SGMD..
So, $525k today gets us opportunity to report asap $1m/monthly Budcars Sacramento revenues..If needed, prioritize share dilution funds into the reported $10m PPE opportunity that exists today, and emerge as a leading PPE player moving forward..So, let's add another (conservatively?) $1m/monthly Carryoutsupplies PPE sales.
So, instead of the upcoming $1m+- Q revenues soon to be reported, SGMD would be well on its way to reporting Q $6m+ ..and minimum $24m annually..BTW, Budcars gross profit margins 48-50%..Recording Clint Walkers 30% stake option..and his "cut" into SGMD would shore up investor confidence imo, and certainly top line revenues..Finally, Budcars operations transparency "priceless"..:)
ERBB sister CANX been "dark" for over 2 yrs with financial filings!
CANX Malone Bailey accounting firm released letter essentially stating last CANX filing inaccurate,not to be relied on..and needed corrective measures..Also appears Malone declined earlier reported opportunity to audit ERBB financials..Why?
Curious, has Steph's friend and EZWeed VP Rich Dow ever been a compensated associate of ERBB/PanP?...Vendweb? thx
lol, respectfully,more lol.. what were they going to do? Issue another dividend farming Panpacific International certificate?...and how'd that turn out for ERBB shareholders over past 10 yrs?
Extremely frustrating that Jimmy continues to dance around the 30% $525k Budcars option that would instantly add approx $1m monthly revenues to SGMD top line, yet instead takes the route of imo little to no Budcars revenues get reported in upcoming SGMD finacials (and for who knows how long)..Instead, Jimmy pumps acquisition news that no doubt will require additional significant share dilution before any added revenues created..which,btw, we'll see more of in this afternoon EOD trades/ttrades...Hoping Jimmy PRs a $1m+ in PPE sales, which would be great news..and little reason why $1m of the $10m in present orders not executed..Jimmy, SGMD should be doing $1m/monthly in PPE alone...and another $1m in Budcars at near 50% gross profit margins, according to YOUR numbers.....send dilution funds that way before those orders filled by a competitor..
glta today..:)
Guarantee if, and when, Jimmy exercises the 30% Budcars option, Jimmy will release an 8k acknowledging the material event ASAP..
Don't know..Just two separate nearby residential addresses..Clicked on info for Vacaville business license and info for Trakit permits issued and not getting any results..Need to call listed phone number ..Social media seems to have specifically occurred on July13..gl
Bud Cars Weed Delivery Vacaville
Cannabis Dispensary
Address: 499 Yale Ave, Vacaville, CA 95687
Cross Streets: Near the intersection of Yale Ave and Regency Cir
Phone: (707) 683-7962. ???
Exercise 30% BC option and you'll see a quick attitude adjustment here..:)