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Holding up great after yesterday’s move! Nice consolidation!
Hi Kim!
Same
Company is in the best position it’s ever been in, PPS is completely disconnected from fundamentals. Gonna be a fun ride catching up.
Fantastic point on college students and Coronavirus. Minimal effect on business and bottom line.
Presently presented with these present like prices has me picking up pieces as they fall and popping them in the pile.
Another great analysis, thanks for keeping a level head when many seem to be melting down. Added and looking to add big later in the week if these ridiculously low prices hang around!
Full steam ahead as we near the Golden Cross! No one is selling. PCTL standing out big time now. New eyes on this every hour. Looks like PCTL may just have its best week ever.
How do you eat an elephant?
One bite at a time.
A close above the 20ma would be significant, paving the way for the 50ma at .008
Then again, might just test that 50ma today lol!
The whole company is a patent trolling joke and the attorney knows it. Shaky and uncomfortable voice just a side effect of knowing you’re trying to BS your way through court.
Dead cat bounce. Bottom not in yet.
$SGMD projecting $15mil in sales for 2020
Sugarmade Announces Budcars Delivery Volume Growth Now Supports $15M+ 2020 Revenue Target
GlobeNewswire GlobeNewswireMarch 4, 2020
NEW YORK, March 04, 2020 (GLOBE NEWSWIRE) -- via NetworkWire – Sugarmade, Inc. (SGMD) (“Sugarmade”, “SGMD”, or the “Company”) is excited to announce a dramatic 300 percent sequential monthly jump in delivery volume in BudCars Cannabis Delivery Service (“Budcars”) in February. The rise in volume follows the Company’s negotiated agreement toward a controlling stake in Budcars and its investment in expanding the leading delivery service’s operations and reach in Northern California. Management now projects a Budcars top-line run-rate capable of surpassing $15 million in sales in 2020, provided recent data on growth in daily orders is reliable and indicative of the impact of the Company’s recent measures over coming months.
The Company has negotiated a 40 percent stake in Budcars with a provisional option to assume a controlling ownership position through the acquisition of an additional 30 percent stake.
“Some of our shareholders have suggested that our vision for a massively expanded and vertically integrated Budcars might be explained to the world as the ‘Uber Eats of the cannabis market.’ But we believe that’s actually a dramatic underestimation of where Budcars is headed,” remarked Jimmy Chan, CEO of Sugarmade. “This is far more promising from a bottom-line perspective, given that we aren’t simply delivering someone else’s product. The retailer gets the juicy 20 percent net margin in this business. We are positioning ourselves as a 'Cannabis concierge service' focusing on a truly unique cannabis experience.”
Management notes that recent regulatory changes in the California legal cannabis market point to a dramatic turnaround in progress in 2020 as competition from unregulated suppliers is suppressed, widening margins for licensed producers and distributors. The Company cites this transition as key in driving its strategic investment in Budcars, which was predicated on a verticalization premise that positions the Company as a dominant cannabis supplier, driving market share gains through the value-add of its efficient delivery service without sacrificing the core margin opportunity coming into place as a legal cannabis supplier.
Since Sugarmade management became heavily involved in the day-to-day operational and strategic foundation of Budcars in early February, following its initial investment and investor agreement, the Company has witnessed a dramatic expansion in overall delivery volume with February deliveries topping January volume by more than 300 percent. The Company believes this jump has been driven by an improving overall cannabis market in California, an infusion of operational talent and resources, and an expanded geographic service area. In order to meet demand, Budcars is increasing its road fleet, inventory, staffing, and will be positioning strategic billboard campaigns along major freeways in the service region.
Chan continued, “Our move to take a controlling interest in Budcars is about capturing the healthy margins set to define the California legal cannabis market in 2020 and beyond, and about nailing down a competitive advantage in market share afforded by a well-organized delivery service, which is an enormous customer hot-button in the legal cannabis marketplace. So far, we are seeing powerful performance-based feedback from the marketplace that we’re on the right track.”
About Sugarmade, Inc.
Sugarmade, Inc. (SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. Our Brand portfolio includes CarryOutsupplies.com, SugarRush™ and Budcars.com. For more information please reference www.Sugarmade.com.
Dunk happened when PPS went for .005 to .0023 > this is the turn. Maybe see some dips here and there but I suspect .0045 to .005 will prove to be pretty solid loading zone.
Breaking out of the handle. Bullish continuation imminent IMO!
Had very little effect. Strong trading here today after yesterday’s gains. Sign of many more Green Day’s to come!
Nice cup and handle forming, like artisan crafted nice. Strong continuation pattern.
$PCTL
Golden cross just days away. Broke through recent resistance. PR’s coming as soon as this week.
This run isn’t done, this is just day one.
A couple of governments if I heard correctly, they couldn’t say who.
Huge buys! Million shares here, million there.... shaping up to be a good day.
Also, Golden cross still looms on the horizon - if you’re into that sorta thing ;)
VPLM has had PLENTY of those days lol. How far off it’s highs is this trading right now?
This thing has been pumped and dumped.
NEXT!
The company has had its fair share of mistakes, there is no denying that.
There is currently a shift happening. The company has put into place different people and practices to ensure better results going forward. Case in point, continued follow up with “asked and answered” segment, already active and achieving expansion team, and delivering recent Q on time (more or less).
Harping on the things the company hasn’t done is useless IMO. Just because things have been one way does not mean they always will be that way.
OMG! No new snakes opened since TEMPE??? I guess there will never be any more snakes opened ever again!
Lmao!
Oh gosh, why ever problems are standing in the way of new locations opening will never be solved! What will FUNN doooooo?
Imagine thinking that because things are, they always will be. What a joke.
Talk is cheap, so stay tuned!
Honestly, I am frustrated with the last few years but I’ve probably double my investment here over that time. So yeah as frustrated as it is having a declining/stagnant PPS It’s also been a gift to those who wanted to increase their positions.
Now, from recent communications via twitter, PR’s, and the recent Q, I’m getting the impression that things are turning around now. The company seems more aware of their mistakes and is actively seeking to correct them.
Future looks real good here IMO and I think we’re closer to it than we think.
New to OTC? TD and other major online brokers don’t have up to date share info. For the most accurate count, look at OTC markets website.
Gonna get ugly real quick!
Oh but hey, the price is up 100 something percent from its lows so it’s obviously not a scam!!!
Lmao!
Thai chart is looking soooo NIcE! With a good conference call Thursday we might be seeing the dynamite go BOOM!
Seriously though, she’s ready.
Remember what was going on in 2017? Remember what caused the higher than usual revenues? There was mention of this in a recent pr.
“You could make a case that Apple is a troll as well as they started “Rock Star” to acquire Nortels patent in bankruptcy..”
Does Apple use this patent? Do they do something with it? Apple’s main business isn’t acquiring patents.
VPLM is a troll because they are using these “patents” to try and make a quick and greasy buck in court. They have showed no intention on using these patents themselves. They have no other business interests. They have no other source of revenue other than the sale of shares. They pump, then dump.
This is a scam and will be revealed as such soon enough. Unfortunately for many, it will be too late. Investments will be worthless moments after these cases are put to rest.
GLTU
That’s so amazing. What an inspiration.
Oh wow. Big time.
$FUNN ***NEWS!!!***
2/13/2020.
Amfil Technologies Inc. Announces A Snakes & Lattes USA Expansion Team Update:
https://www.otcmarkets.com/stock/FUNN/news/Amfil-Technologies-Inc-Announces-A-Snakes--Lattes-USA-Expansion-Team-Update?id=253866
Amfil Technologies Inc. (OTC: FUNN) is pleased to provide shareholders with an update from the Snakes & Lattes USA Expansion Team. On January 21st, 2020, the Expansion Team announced the onboarding of Rogen Chhabra, and released information about the signed contract to expand the franchise with ten additional Snakes & Lattes Inc. locations across the USA. In less than a month, the Expansion Team has been working tirelessly to honor the agreement and has made significant progress.
The Team is pleased to announce that after undergoing an extensive and rigorous location vetting process, the prime entertainment district in Denver, Colorado has been selected for the first new location. Rogen flew to Denver today to finalize the L.O.I., and negotiate the lease, effectively kicking off the first of the ten new locations. Furthermore, a second location is currently under review, and the Expansion Team hopes to finalize terms and agreements in the coming weeks.
Since the last update, we have opened Snakes & Lattes, USA Expansion and Buildout (SLUEB), LLC. The Company has already received commitments for initial funding. In the coming months, SLUEB will continue to bring in strategic partners to support the execution of the new Caf openings and ultimately ensure their success.
The expansion team has officially signed tenant agency agreements with brokers in Denver, CO and Nashville, TN. An oral agreement has also been made with a broker in New Orleans and LA. Specific suitable venues have been targeted in Denver and New Orleans, which Amfil Technologies Inc. has given pre-approval for. To capitalize on this exciting momentum, the Team will be travelling to New Orleans the 3rd week of February and are currently in Denver to complete a letter of intent and negotiate a lease contract.
In the first weeks of March, the Team will travel to Los Angeles and to the Silicon Valley to scout locations. We are confident that appropriate venues will be identified and selected in both cities soon. The Team has not excluded any city announced in the first progress report and continues to look at opportunities within additional cities.
Discussions with potential partners in building out local venues and in being part of SLUEB continue with promising prospects. The Team is happy with the progress made since the agreement was finalized with Amfil Technologies Inc. and vice versa.
As previously announced, the Team has identified an internal fulfillment deadline for the first four locations, and ultimately for all ten new locations. Specific information about dates of the deadline have not yet been released publicly, as unforeseeable factors outside of the Companys control may require revision of these deadlines. The Team is committed to transparency for shareholders, and will provide frequent updates regarding the estimated dates locations will be open and generating revenue. The Team appreciates all the support and out reach from shareholders and other interested parties.
__________________________________________________
Any questions specifically for the buildout team can be sent directly to rogen@snakesandlattes.com and all efforts will be made to promptly respond.
__________________________________________________
For further updates from Snakes & Lattes and its parent company, Amfil Technologies Inc., please follow us on Twitter @AmfilTech
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153815999
For more information regarding the company, and its related subsidiaries please visit the following websites:
Amfil Technologies Inc. www.amfiltech.com/
_____________________________________
$FUNN ***Big NEWS!!!***
Major expansion of Snakes & Lattes locations is happening!
2/13/2020.
Amfil Technologies Inc. Announces A Snakes & Lattes USA Expansion Team Update:
https://www.otcmarkets.com/stock/FUNN/news/Amfil-Technologies-Inc-Announces-A-Snakes--Lattes-USA-Expansion-Team-Update?id=253866
Amfil Technologies Inc. (OTC: FUNN) is pleased to provide shareholders with an update from the Snakes & Lattes USA Expansion Team. On January 21st, 2020, the Expansion Team announced the onboarding of Rogen Chhabra, and released information about the signed contract to expand the franchise with ten additional Snakes & Lattes Inc. locations across the USA. In less than a month, the Expansion Team has been working tirelessly to honor the agreement and has made significant progress.
The Team is pleased to announce that after undergoing an extensive and rigorous location vetting process, the prime entertainment district in Denver, Colorado has been selected for the first new location. Rogen flew to Denver today to finalize the L.O.I., and negotiate the lease, effectively kicking off the first of the ten new locations. Furthermore, a second location is currently under review, and the Expansion Team hopes to finalize terms and agreements in the coming weeks.
Since the last update, we have opened Snakes & Lattes, USA Expansion and Buildout (SLUEB), LLC. The Company has already received commitments for initial funding. In the coming months, SLUEB will continue to bring in strategic partners to support the execution of the new Caf openings and ultimately ensure their success.
The expansion team has officially signed tenant agency agreements with brokers in Denver, CO and Nashville, TN. An oral agreement has also been made with a broker in New Orleans and LA. Specific suitable venues have been targeted in Denver and New Orleans, which Amfil Technologies Inc. has given pre-approval for. To capitalize on this exciting momentum, the Team will be travelling to New Orleans the 3rd week of February and are currently in Denver to complete a letter of intent and negotiate a lease contract.
In the first weeks of March, the Team will travel to Los Angeles and to the Silicon Valley to scout locations. We are confident that appropriate venues will be identified and selected in both cities soon. The Team has not excluded any city announced in the first progress report and continues to look at opportunities within additional cities.
Discussions with potential partners in building out local venues and in being part of SLUEB continue with promising prospects. The Team is happy with the progress made since the agreement was finalized with Amfil Technologies Inc. and vice versa.
As previously announced, the Team has identified an internal fulfillment deadline for the first four locations, and ultimately for all ten new locations. Specific information about dates of the deadline have not yet been released publicly, as unforeseeable factors outside of the Companys control may require revision of these deadlines. The Team is committed to transparency for shareholders, and will provide frequent updates regarding the estimated dates locations will be open and generating revenue. The Team appreciates all the support and out reach from shareholders and other interested parties.
__________________________________________________
Any questions specifically for the buildout team can be sent directly to rogen@snakesandlattes.com and all efforts will be made to promptly respond.
__________________________________________________
For further updates from Snakes & Lattes and its parent company, Amfil Technologies Inc., please follow us on Twitter @AmfilTech
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153815999
For more information regarding the company, and its related subsidiaries please visit the following websites:
Amfil Technologies Inc. www.amfiltech.com/
_____________________________________
$FUNN ***NEWS!!!***
Gearing up for major US expansion!
2/13/2020.
Amfil Technologies Inc. Announces A Snakes & Lattes USA Expansion Team Update:
https://www.otcmarkets.com/stock/FUNN/news/Amfil-Technologies-Inc-Announces-A-Snakes--Lattes-USA-Expansion-Team-Update?id=253866
Amfil Technologies Inc. (OTC: FUNN) is pleased to provide shareholders with an update from the Snakes & Lattes USA Expansion Team. On January 21st, 2020, the Expansion Team announced the onboarding of Rogen Chhabra, and released information about the signed contract to expand the franchise with ten additional Snakes & Lattes Inc. locations across the USA. In less than a month, the Expansion Team has been working tirelessly to honor the agreement and has made significant progress.
The Team is pleased to announce that after undergoing an extensive and rigorous location vetting process, the prime entertainment district in Denver, Colorado has been selected for the first new location. Rogen flew to Denver today to finalize the L.O.I., and negotiate the lease, effectively kicking off the first of the ten new locations. Furthermore, a second location is currently under review, and the Expansion Team hopes to finalize terms and agreements in the coming weeks.
Since the last update, we have opened Snakes & Lattes, USA Expansion and Buildout (SLUEB), LLC. The Company has already received commitments for initial funding. In the coming months, SLUEB will continue to bring in strategic partners to support the execution of the new Caf openings and ultimately ensure their success.
The expansion team has officially signed tenant agency agreements with brokers in Denver, CO and Nashville, TN. An oral agreement has also been made with a broker in New Orleans and LA. Specific suitable venues have been targeted in Denver and New Orleans, which Amfil Technologies Inc. has given pre-approval for. To capitalize on this exciting momentum, the Team will be travelling to New Orleans the 3rd week of February and are currently in Denver to complete a letter of intent and negotiate a lease contract.
In the first weeks of March, the Team will travel to Los Angeles and to the Silicon Valley to scout locations. We are confident that appropriate venues will be identified and selected in both cities soon. The Team has not excluded any city announced in the first progress report and continues to look at opportunities within additional cities.
Discussions with potential partners in building out local venues and in being part of SLUEB continue with promising prospects. The Team is happy with the progress made since the agreement was finalized with Amfil Technologies Inc. and vice versa.
As previously announced, the Team has identified an internal fulfillment deadline for the first four locations, and ultimately for all ten new locations. Specific information about dates of the deadline have not yet been released publicly, as unforeseeable factors outside of the Companys control may require revision of these deadlines. The Team is committed to transparency for shareholders, and will provide frequent updates regarding the estimated dates locations will be open and generating revenue. The Team appreciates all the support and out reach from shareholders and other interested parties.
__________________________________________________
Any questions specifically for the buildout team can be sent directly to rogen@snakesandlattes.com and all efforts will be made to promptly respond.
__________________________________________________
For further updates from Snakes & Lattes and its parent company, Amfil Technologies Inc., please follow us on Twitter @AmfilTech
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153815999
For more information regarding the company, and its related subsidiaries please visit the following websites:
Amfil Technologies Inc. www.amfiltech.com/
_____________________________________
False: “Expansion Team gets paid no matter what”
We know from the PR debuting the expansion team that they don’t get paid until first 4 are open.
As far as open deadlines. Looks like Rogen isn’t going to make the same mistakes that Amfil has made in the past about announcing firm deadlines too soon.
For being less than a month into the existence of the new expansion team I’d say they’re doing more than most expected.
Great PR and fantastic communication so far this year!
It’s happening, expansion is kicking into high gear!
My guess is that we won’t hear about the fy19 audit until it’s done. Good chance they’re working on it now like you said.
Soon.
Update this week!
Question: Is the week over yet?
Answer: No
Some trying to set the false narrative early!