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Well tbh if you cant believe it will happen then there is no reason to stick around. Ive been here since tge .03 days from when this stock had much less going for it and have seen it go up and come down.
Like Ive said before, this is a real company with products you can buy and use. Does Jimmy make mistakes. Yes he does, but hes always done everything hes set out to do. Waiting for the big pay day.
If fins are delayed to book revs, then I dont care if it takes till the end of the month. Just book those revs Jimmy!!
All things considered there has been more buyin than sellin today. And SGMD has moved up on alot less news.
Holding my shares.
It would take us till the end of the month if extended..
You bet I have!! Ive been all in on SGMD for sometime now. Waiting for all of our paydays!
Yes you can! I have purchased the Seasoning Stix on Amazon from Sugarmade. Remember people, this is a real company with products you can Actually buy. Carryoutsupplies is real!.
This isnt some company that has a bunvh of MMA with no product yet. They have REAL products. We will be in the Hydroponics market, the future is looking bright. $SGMD
Look we can go back and forward both ways. Both sides have evidence of some things here and there. Facts are. BizRight revs were not able to be recognized due to some accounying issues. Another is that with the acquisition of BZRTH option from BizRight we are now told that BizRight revs can now be fully recognized. Either way we have proof they are working towards getting those Revs in.
Ipower is a subsidiary of BizRight on Amazon. Its all there. Plenty of stuff out there.
Check the I-board the info is all there.
https://trademarks.justia.com/854/49/ipower-85449393.html
https://www.amazon.com/stores/iPower/iPower/page/28140F21-CE6B-474F-BACB-93990F76FA57
https://www.wmtsellers.com/bizright-llc
https://www.walmart.com/browse/patio-garden/hydroponic-systems-planters/ipower/5428_4091_8774540_5944564/YnJhbmQ6aXBvd2Vy
Ok well you must know about BizRight then?? They sell their hydroponic equipment on both the US Amazon and European Amazon market. As well as Walmart Market Place. They have many great and positive reviews regarding their products.
Yes its the same BizRight SGMD has acquired.
Agreed, people are missing this fact. We got our answer already regarding BizRight. Lets move on and look forward to it!
Well, if youre looking at the charts, then you also know this stock runs quick. So at .10, when it runs to .40 again.. well you know, thats "free money". ;)
We now know BizRights status on top of SEC reported 8k regarding other acquisitions. Looking forward to the future!
Long and strong $SGMD
Its possible, seems people are reluctant to get rid of their shares today as volume seems low or vice versa. Either way we should be getting news soon
Also you know as well as anyone here because I know youve been around for it. They reported that finacials from BizRight were not able to be recognized due to standards in accounting and were rectifying it so they could include them.(my guess is the shares werent issues yet)
Also.. the share increase was not voted on till Oct. How would BizRight get thier shares so SGMD could recognize the revs if they didnt have them yet?
While I agree with you that this Q is prob not going to be what we want but in the near future we are headed in the right direction.
What more clues do we need? Increase in restricted shares (indicates BizRight recieving). 8ks regard further acquisitions and a PR stating that BizRight can now be recognized? I think these are all great clues of what is to come. Just have to have patience.
Im holding on to ALL my SGMD shares long and strong. $SGMD
Front, upon closing could also indicate upon closing of the day as well, or possibly just legal jargon, but I see where you are going with it.
Here is their post from Facebook verbatim on Feb 6. Notice how they used the word today(also they made a typo lol..) but the word used is today as well as they said no addition share were used:
"We are very happy to report today we exercised on our option to acquire BCRTH, LLC. This will enable us to begin full revenue recognition under the previously signed master marketing agreement with BizRight. And....we exercised the option with no additional share issuances. We expect this to be highly accretive to common shareholders. Sugarmade’s acquisition strategy is on target. Our goals continues to be one of the largest players in the hydroponic supply business." https://finance.yahoo.com/news/sugarmade-exercise-option-acquire-bzrth-130000554.html
You do realize that they are acquiring companies, such as BizRight, Sky Unlimited and Hydro4less, but still have yet to note their revenues yet right?
If SGMD was posting net losses with out any changes to business then sure. But we have had 8k releases or PRs of acquisitions through out the year. Now we have found out that SGMD can now fully recognize BizRights revenues with the acquisition of BZRTH llc.
I understand your concern, but I dont think you are looking at the big picture in regards to what is to come and whats been going on for the past year.
Im with you on this one. Hoping Jimmy will get it done and stop making us wait! Haha, when he does pull it off. Game on!
From the Hepmistry PR.
"Additionally, Sugarmade expects to sign an agreement with Hempistry for hemp cultivation supplies. Hempistry has already begun planting and has signed an agreement reserving up to 23,000 acres of prime Kentucky farmland for its exclusive use for hemp cultivation."
Hoping that will be lock up soon with Hempistry.
First things first lets get these BizRight Revs in the books!! Looking forward to that!
Sprycel, speculated reves from the companies bring acquired are:
BizRight= 30M
Sky Unlimited= 40M
Hydro4less(1 location)= 5M and 20M if they acquire all three
Athena has two "brick and motor" locations called Hydro Source. Cant speak for the email but it could be offline. As far as the site you have to create an account.
http://athenaunited.com/contact/
I agree I think we should be seeing an upward trend. Alot of investors were discouraged due to lack of answers regarding BizRight and acquisitions.
With todays PR and confirmation on SGMDs FB post, SGMD will now finally be able to recognize BizRight revenues that weve been missing.
Hope Jimmy has a PR blast for the other acquisitions and will carry us forward with a strong Q.
Yes, now we have confirmation that SGMD can now recognize BizRights revs. Its the news weve been waiting and complaining for haha.
Glad I didnt budge and held. Even added a few thousand more over time.
Cant wait for this to finally come together.
"This will enable us to begin full revenue recognition under the previously signed master marketing agreement with BizRight."
Remember this was done with no additional share issuances!
Taken Straight from Sugarmades facebook page today! 2/6/19
Here is the full post from their page.
Agreed, if they did submit a notice it would bring us till the end of Feb/Beginning March..
SGMD acquired BZRTH LLC with NO additional share issuances. According to their facebook post. I think thats great news! Still on the fence if the Q will be out in time but Im a hopeless optimist and glad I added on all the dips. Maybe this is the boost that we need to get us back on track moving up!
Iron, I think youre right? I did notice that AthenaUnited.com (which is Sky Unlimited online store) was added to the footer in the recent PR.
https://www.otcmarkets.com/stock/SGMD/quote
You can find LeveII info here if you want it.
Its nice to see the AthenaUnited hydroponics site (Sky Unlimited acquisition) being added to the footer now. So much potential here with SGMD. This PR is some news we needed. Keep it rollin Jimmy dont let us down! $SGMD
The next Q should be due by the end of next week. Really hope its on time, but who knows tbh weve been let down before. Still believe there is tons of upside here and holding but its been a rough ride for sure.
All the major 8k announcements should be posted on the page board as I have linked them.
Nice find, good to see more news coming out of Cali.
Thanks for your insight after further research on that and reading up, it makes sense. GL everyone. And go $SGMD still long here.
Still the same answer. Doesnt mean it will be Plantation. We could go back and forward all day about it, wouldnt get us anywhere.
Is there a connection with Joe P? Sure ill agree with you on that.
Anywho im lookin forward to the next Q.
Just because he owns the shell doesnt mean that its going to be Plantation. There is no other proof that there is a connection.
Like I said earlier. We should be more focused on bizright, sky and hydro4less acquisitions. We have seen the clues.
Do you have any proof that ATPT is Plantation besides Joe P owining ATPT? Not sure why you keep mentioning that?
Yup! I think we will be seeing more info come to light soon. As soon as all the acquisitions are finally finished its gonna be game on and Budlife will officially launch. Clues are found in the S1 from Plantation.
Exactly. People are hung up on Budlife when we have Bizright, sky, and now hydro4less to look forward to. We have seen the clues that the Bizright deal has made progress through the Q and the increase in restricted shares. Now we wait for the next Q. And more info.
By all means im not telling anyone to do anything. Play it as you see it. I know what im doing and im just giving my thouggts as well as findings. GL. $SGMD
As far as we know it this is the latest info we have of Budlife. We can mill over it all day but we have to let that play out. Our main focus should be SGMDs plan of execution acquiring hydroponics companies.
We have seen that SGMDs plan is to establish a foothold in the west coast with the latest Hydro4less acquisition, as well as weve seen some developments with a new Budlife website that was recently rolled out.
As for now this is all the info we know in regards to Budlife and plantation. From one of my recent posts.
With the hemp bill and states racing to legalize recreational MJ. Its gonna be a all hands on deck. 2019 is gonna be a good year for cannabis. $SGMD