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Good Stuff! Would like Simon to provide another updated estimate of NugsFarm overall sales potential.
Can't recall...Zazznetwork.com website has been removed by mgmt.
thx, pro or con erbb, i always appreciate posting communication verbatim.
I've submitted questions to erbb mgmt over the years and not once have I received a single material reply..i did onetime get a reply from David to not risk more than I could afford to lose...lolol..
Exercising the Budcars 30% controlling interest option for $525k would go a l-o-n-g way..!!..Do it Jimmy!..Incorporating audited Budcars financials into SGMD filings is essential, until then, Budcars fosters good PR noise..gl
Just how deep is Joe's involvement?
"The SEC also is seeking an officer-and-director bar and a penny stock bar against Noel."
"Noel is charged with defrauding investors by issuing false and misleading press releases in order to pump up the stock price up while he secretly sold his shares into the public market"
https://www.securitieslawyer101.com/2014/joseph-noel-charged-stock-scalping-scheme/
BTW, did you receive your product samples from Joe?
"Never was changed..got proff as messages cant be changed."
Actually, Ihub allows posters to edit their post up to 15 minutes after message appears on the board..gl
https://investorshub.advfn.com/boards/manage_msg.asp?message_id=156745729
Joseph A. Noel..CBGL "Director of Research"..https://www.spreaker.com/user/cgipodcast/cgi-3-01
Joe apparently heavily involved with CGBL and recent acquisitions..Any additional DD? ..thx ..:)
Per 5/11 PR..."Right off the bat, we implemented a new point of sales software system," said Chan". (Budcars Chan/Walker Stock Day Broadcast)
Per 7/01 PR...Budcars "Total June BudCars Sales of $502,903, representing 36% month-over-month Sales growth"
Jimmy then "corrected" the 14% error:
Per 7/23 8k...Budcars "approximately $440,000 for the month of June 2020"..
So, Jimmy implements a new Budcars POS system right off the bat..One would think it would accurately report daily,weekly,monthly sales with ease..??..This ain't Jimmy's first rodeo..Been recording Carryoutsupplies millions for years.
Here's the rub..Since Jimmy recently revised the June Budcars revenue to $440k, and SGMD just reported $662,836 per Aug6 PR..then how in the hell does this crew (Chan/INN/Tiger) come up with the PR'd 32% monthly top line revenue gains? Sure looks like a 50% monthly revenue gainer, NOT 32%!! If accurate, Jimmy should have been pounding the table pumping a surprisingly terrific 50% monthly gain for shareholders..Obviously, "the Crew", including the (PR) quoted CEO, completely disregarded the 7/23 revised June $440k number and irresponsibly based the 32% June increase on the 7/01 inaccurate $503k..
Now, was it a 50% gain...or a 32% gain Jimmy? Because at 50%, we missed some good top line monthly (breakout) growth PR pumping opportunity beyond the previous 30% narrative! Sadly, I think (typical) Jimmy simply revises that $662,836 in a future 8k..
GET YOUR CHIT TOGETHER SGMD PR OPERATIVES! Zero excuse for this lackadaisical,irresponsible and downright shoddy PR effort..
Curious if Lamar or League Ventures received and ERBB stock in this deal.
Now that it is Fri after hours :), did you notice that last PR was totally irresponsible of the company, and depending on updated data, SGMD PR should be much better than the 32% gross sales increase..IR just spewing numbers crap to meet the 30%+ growth narrative..Geezus Jimmy, your right hand can't keep track of the left.
"NEW YORK -- August 6, 2020 -- InvestorsHub NewsWire -- Sugarmade, Inc. (OTCQB:SGMD) ("Sugarmade", "SGMD", or the "Company"), and its BudCars Cannabis Delivery Service ("BudCars"), is pleased to provide shareholders with fresh performance data following the conclusion of another strong month in July, which featured over $660K in total BudCars gross sales ($537K, net of sales taxes), representing 32% sequential monthly top-line growth, with both total sales and gross profits growing by more than 30% m/m for the fourth consecutive month.
Total July BudCars gross sales of $662,836 ($537,591, net of sales taxes), representing 32% month-over-month sales growth (compared to June 2020 sales)
Anticipate another 8k from Jimmy updating SGMD misinformation..
Break a dime this week means nearly 50% loss..??
When you visited the Farm, were you made aware that any other cannabis gigs cultivating at 360 Espinosa?
Monterey Permit Tracker indicates a simultaneous $4653 March15,2019 filing fee for both Espinosa II (NUGS) and Bonaventure Growers Assoc..??https://montereyco.civicinsight.com/addresses/817582/360-espinosa-rd
NUGS reported a $1m Consulting Revenue and another approx $1M+ Farm Revenue..Any chance NUGS is receiving consulting bucks overseeing another entity at Salinas location?..ie.. is one bldg NUGS, another Bonaventure Growers?..Cant seem to determine how NUGS received $1m in Consulting..thx
Still encouraging Simon to update NUGS website Pronto and highlight FARM bigly!!..Beyond me why this hasn't been attended to..??
thx for the reminder
You know I've been a big supporter in the past..I just want to make sure I occasionally voice concern to try and keep things on the up and up..imo, opportunity exists here at some point.
As promised, and please post any response verbatim..
JournalScript SGMD author Kyle Landeck Disclaimer:
"The companies mentioned on the Site may or may not have not approved the content or timing of the information being published".
...and my question to Kyle is, did SGMD approve any of the content?
1) Nov26,2019..."SGMD has already booked over $26 million in revenues on a year-to-date basis, and anticipates this number to swell to $32 million on sequential strengthening in gross margins and sales into year end."
...SGMD didnt book shit!...per Jan16,2020 8k.."On January 15, 2020, the Company entered into a Rescission and Mutual Release Agreement (“Agreement”) with each of the parties agreeing to return all consideration exchanged pursuant to the Stock Exchange Agreement. The Agreement provided for mutual releases and indemnities."
2)..May13.."Sugarmade Inc (OTCMKTS:SGMD) is a stock that deserves a close look right now because it appears to be establishing itself as a leader in the California cannabis delivery market through its controlling position in the BudCars juggernaut."
.."controlling position"..Oh really?..Did Kyle come up with this wording himself, or spoonfed?..:)
3)..May13.."BudCars is an emerging delivery leader with a couple hub locations in the Sacramento area"
..couple hub locations?..Again, oh really? Because a phone call last week to Sacramento Budcars facility confirmed only ONE hub presently..and phone conversation previously noted on ihub..So, how'd Kyle determine a couple Budcars hubs exist? Does Jimmy have to do a contract with each hub as it is developed? Or, is a couple hubs plain spotty reporting?
4)..May14.."SGMD popped onto the delivery radar through its acquisition of a controlling stake in BudCars, the leading Sacramento-based cannabis delivery service.
...May13 "controlling position" language evolves into May14 "controlling stake"..Need to review early May ihub postings to see if (51%) "controlling interest" talk was the flavor of those days..and SGMD responded?..was this controlling talk spontaneous from the author or company prompts?..:)
5)..May21.."It (Budcars) has two Sacramento hubs"
..There's that mention of two Sacramento Bud hubs again..Now, is there only one hub that was confirmed in last week Budcars phone conversation, or is there something else contract wise we don't know about?.Btw, Bud rep was adament that she was not at liberty to divulge any Bud location outside of 5600 Warehouse Way.
6)..May21.."The company’s primary locations in the Sacramento"
..There we go again..Kyle keeps talking in plural,not singular..??
7)..May21.."“Our Sacramento locations will pass the $10 million mark for annualized sales within the next 60-90 days,” stated Jimmy Chan, CEO of Sugarmade"
..geezus, now Jimmy talkin' plural locations..Fess up Boys..Are you bullchittin' us or something else we need to know contract wise?
8)..June24.."SGMD took a controlling stake in BudCars at the start of the year"
..sure seems like since the ihub board shared Budcars revenue concerns hitting SGMD books, there has been a lot of promos released emphasizing SGMD controlling interest in Budcars..??
9)..July14.."SGMD is quietly becoming one of the most interesting names in the cannabis space based on its controlling interest in BudCars".
..It took the boys a while, but Budcars finally evolved from May13 "controlling position"..to May14 "controlling stake" ..to July14 "controlling interest"..I suspect all by design..:)
10) ..July28.."Sugarmade Inc (OTCMKTS:SGMD), a cannabis player that operates now mostly through its stake in the BudCars cannabis delivery business"
...Hmmmmmmm, seems the PR has been reduced in simply referring to "its stake in Budcars"..??..likely preparing us for Jimmy's recent 8k just two days later confirming SGMD only owns 40%..dispelling the (intentional) misleading previous PR misinformation that SGMD owned Budcars controlling interest..Significant chit!
11)..July29.."One of the most interesting plays in the cannabis space right now is Sugarmade Inc (OTCMKTS:SGMD), a cannabis player that operates now mostly through its stake in the BudCars cannabis delivery business"
lolol..little doubt PR was again prepping for Jimmy's July30 8k confirming SGMD did not own a Budcars controlling interest..Oh boy, the PR games we play in pennyland..:)
$525k nabs the other Budcars 30%..If Bud doing $11m+ in next 12 months with 46% gross margins, why wouldn't you find a way to put that on SGMD books asap? Concern is there is much more in the Bud agreement other than $525k to obtain the 30% option..Jimmy had a history with the $30m+ Bizright acquisition of releasing periodic Agreement surprises along the way.
BTW, last count Jimmy owns about $13.5m NUGS (172m shares)..
Rat, when do you think ERBB raises A/S again?
Authorized Shares
1,470,000,000
07/08/2020
Outstanding Shares
996,597,409
06/30/2020
Surely, CD Team gotta' be pushing the envelope come July Otcmarkets share structure update..
Thx..:)
Splendid..Btw, I don't think it is unethical that both companies use the same Investor Relations outfit (TigerGlobal), but there are specific Journal misinformation examples that I"ll be delighted forwarding this eve..and maybe you could get a response other than their arse is covered in their Disclosure Agreememnt?..gl..:)
Nipton been shut down since Apr7.
ERBB forced to increase A/S again shortly..Likely 1.3B+ A/S gets updated on otcmarkets soon..
I think the publication responds something to effect "so what?"..As to fact:
Per JournalScript Disclaimer page that confirms 7/13 SGMD/*MCTC $400 reasonable promo payments...https://www.journaltranscript.com/disclaimer/
Per SGMD/MCTC ihub boards...one can simply review the seemingly daily morning patterned poster cheerleading history on both boards by same poster(s?)
Regarding "SGMD sure seems..(verb.."give the impression") tied at the hip with a handful of (similar) daily poster aliases on both boards" comment..Prefer labelling "suspect" today, evolving to "alleged" in a future "tomorrow?"
Anyway, a more fruitful endeavor might be to contact CEO's SGMD Jimmy..or MCTC Armand for their response..An interesting tied at the hip quip tidbit specifically centers on this Hempistry "SEC Joe" KY photo.
https://www.facebook.com/hempistryinc/photos/a.486920711837209/518803801982233/?type=3&eid=ARB7zJay2dPZtsVj5GhcU18uxtgGkcw0cEQvEQuQm50QULKUe8ehjFL32atnXyDGuvMphzYAo5kxxYZu&__xts__%5B0%5D=68.ARC9Hq2Cq1f1uoxCtRBOERYlnVcMoBzOU3gziwAtBAbiY0qxcb6NcE3XFcYuDOAQxfoDbOc9ZNMIgRIHJkv4B-xHDLaaEVdOqAOKHkUGy5KUfz_jsNb-fip8OV-7SJPCyvL9M3VPVjJqrPHOyl7oMAOgTJy0ED_Raq0KQlFeHrheU-fgvirVNDi-4Vt5rBAEsZW-6KrTo_Vxik7Ox0MkCxyS-qy32XVEh1C6PYjEyWyBIzvveOTE_M6q6Y9g-Ywo-WjtJwmpJxLjt_Hn3_QtdcX1hWKPqmLxOZw5rIAuxx8e4MDil0PhvjZUIN39zvvz-Of-7BQ21JbuEHDSbTrxbAQ&__tn__=EHH-R
...and inquire if it is the same MCTC "Joe" (10to1 odds it is:)that is referred to in this Cannabis Global posting reference where it centers on multiple posting concern that one shareholder has not being able to get a phone response from company in a couple weeks..
"jkk3 Friday, 07/31/20 01:42:27 PM
Re: nick6996 post# 8428 0
Post #
8456
of 8493
leave a message, joe just got back to me via text and is sending me some kombucha testers this weekend"
Encourage asking Jimmy and Armand to recap "Joe's" involvement in detail, then DD resume..
And finally, Joe has eyes here..and there..and revealing any alias identity violates TOS rules...:)
*MCTC just received a new symbol change to CBGL (Cannabis Global)
Actually,good point..This white haired computer dummy useless at moderating ibox, but an updated screen shot of sgmd otcmarkets share structure details likely released next week through July31 apprapo..
Share Structure
Market Cap Market Cap
4,148,324
07/31/2020
Authorized Shares
10,000,000,000
06/30/2020
Outstanding Shares
1,700,132,897
06/30/2020
Restricted
173,969,110
06/30/2020
Unrestricted
1,526,163,787
06/30/2020
Held at DTC
1,483,706,856
06/30/2020
Float
808,222,171
04/27/2020
thx..decent article for reasonable fee..per Journal disclosure:
JournalTranscript.com has been compensation $400 for a content marketing campaign on SGMD starting 07/13/2020.
Also, find interesting that MCTC engaged similar awareness campaign for same price and date..SGMD sure seems tied at the hip with a handful of (similar) daily poster aliases on both boards.
JournalTranscript.com has been compensation $400 for a content marketing campaign on MCTC starting 07/13/2020.
lol..that really is rather lame.
"Sugarmade Inc (OTCMKTS:SGMD) is pleased to get a major controlling interest in Budcars" ...NOT!
..."The business guru (Chan) made the announcement today"
March12 MarijuanaStock website Feature Article..https://www.marijuanastock.net/sugarmade-inc-otcmktssgmd-to-benefit-from-gaining-more-controlling-interest-in-budcars/
Obviously, yesterday's SGMD 8k confirms they don't have controlling interest now, and most certainly not on March12..Hate it when these internet bozos (shuysters?) post significant fake news and intentionally tricky wording..
Appreciate Jimmy's 8k news..Appears PPE total sales beginning in late Mar/Apr to July approx $886k..and have noticed expansion of product offering and quantity offered on Carryoutsupplies website..
Thinking SGMD paper goods fiscal Q4 approx $650k and PPE sales another $600k..??..Fiscal Q4 $1.25m..Add that to the previous 9 months revenue ($1,891,140) ending Mar31 and the yearly 10k 2020 that gets reported circa Sept30 likely nears 2019 $3,459,511..
Jimmy's 8k made clear that until SGMD exercises 30% option for Budcars controlling interest, SGMD will not be able to record the Budcars revenue in financials..but still able to share in profits, although Jimmy 8k'd at this time no profit.
"Sugarmade has acquired a 40% stake in BudCars and has been granted an option to purchase an additional 30%, which could provide Sugarmade a controlling interest. Thus, Sugarmade will share at the rate of 40% on all profits generated, if any, by the operations. Upon gaining a controlling interest, if such an event ever occur, Sugarmade would be able to consolidate all the revenues of the operations and report all such revenues on its financial statements."
My question is why wouldn't Jimmy expedite exercising the 30% option for another $525k and obtain controlling interest and benefit of reporting consolidation of all Budcars operations including revenues in SGMD financials??..If revenues growing 30% monthly, and multiple locations coming on board, why not fork over a measly $525k now and keep the 70% of Budcars growth in SGMD's hands, especially at 50% gross margins?
Jimmy, please clarify terms of exercising additional 30% Budcars controlling interest option..Budcars could do $12m in revenue next 12 months, but apparently not even 40% could be reported as SGMD revenue in financials..thx
American Green has removed all Nipton association from AG website..ERBB supposedly receives lodging revenue, yet Skye's Mohave Hospitality lodging booking link on ERBB website no longer exists..??..Word has it Sheriff SS returning to right the Nipton wrong..:)
Visitors,ERBB did not issue a 2nd dividend..Tread carefully in da' jungle..Btw, ERBB's only dividend farming gig issued was Panpacific in 2010..and at this time, worthless.
Zero PawPuddy sales last Q..Did Hempful Farms Chris Martin bail?
None of the 5 product Safety items tested in 3rd party report..
https://americangreencbd.com/wp-content/uploads/2020/07/DVT_2007299-01-1.pdf
oh,if you only really knew..)
..and you will,when time is right.
https://www.facebook.com/hempistryinc/photos/a.486920711837209/518803801982233/?type=3&theater
Maybe more politically correct to simply label instead of "scam", a successful share selling scheme..Whatcha think rat?
thx..have read multiple times, cant find anything "Consulting" related..What am I overlooking?
Curious if these two companies websites PPE sales are recorded under Carryout/SGMD.....or not?
Both list same phone number and biz address as Carryoutsupplies..https://www.carryoutsupplies.com/collections/safety-protective-supplies
https://kn95.health/contact/
https://armorhealth.co/shop/
.001537..ruh roh
Carryoutsupplies has increased several PPE product quantity offerings available for purchase..ie..100k boxes nitrile gloves, 10k boxes 3ply face masks per individual order.
https://www.carryoutsupplies.com/collections/safety-protective-supplies
2to1 buys to sells today..Surprised not trading higher..??..Maybe .002s ttrades settle up shortly?
Curious what kind of consulting NUGS offers to earn the $1m in Consulting Revenue?
AMEN