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Right on, Suissac. Mr. Chan's latest "venture" from this past February has produced zero pump since the announcement. No CEO in his right mind would offer $70 million for two distressed hot desert area hotels, and be convinced that they are good opportunities for "PUB-CO" action. Have not heard a word since the announcement. I'm sure you agree. Mr. Chan is a fraud, and he is bilking any shareholder who doesn't know what's going on. If it was a good deal, he would buy it for his LMK Corporation.
I already know that. Hence, my post.
What a tangled web. Mr. Chan is in cahoots with all these thieves.
YES
Wow. Suissac. Do you think today's stock action is a precursor to SGMD finally biting the bag?
I haven't found anything yet that would confirm it.
Me too.
Hey Suissac. I still think that they are maneuvering out in the California desert to scam a big lithium project with "disruptive potential"..heh heh heh They like to use that line. Never the less, their stab at the Realty market by spending money that they don't have on two low class desert hotels is another POS waiting to drop.
LOI makes me LOL. What a crock. Just like the many crocks of crap Mr. Chan and the Company has "invested" in for many years. Each one is uniquely suited for the Pumper/dumpers once again to infest the SGMD site with BS and hype. Makes me laugh --- A Holiday Inn in Victorville, CA. Have you ever been to Victorville?
1dmg--- right on. Thanks also to besao.
SGMD is now groveling in the mud.
I really think that if JN the crook, and Mr.Chan ( another crook) want to keep their balls rolling, that they should declare that the companies are going to expand into Lithium mining. Buy a huge ranch house on a large ranch in Chile, and rent five of its 640 acres to a subsidiary of KLM. Pay finders fees, and hire a man to obtain necessary permits. Give the man ten years time in order to complete the deal. Works every time.
I finally finished reading the annual report. Needless to say, but I will anyway. What a POS.
Bye Bye SGMD.
1dmg1----I saw that, and I couldn't believe it. I thought it might be a typo. Very typical of the SGMD bilkers.
What a crock of crap. Contract for management and services? SGMD can't deliver on anything, and never does. Has failed three times in Lake County alone. No permits, no growing, no "freeze dried", no anything; but collusion to bilk shareholder money. And now near Palm Springs? Probably a scam to mine Lithium from the Salton Sea.
Mattie711-Right on. And not to mention the repeat deals of "less than 50% ownership".
I still scoff at the fresh/frozen cannabis to be sold for $18.00 a pound. The cannabis market is over extended already, but they just continue to hype ventures that will go nowhere, nor add to the bottom line. Joe Noah (the crook) and Mr. Chan and cohorts are a BILKING MACHINE.
I agree,Mattie. These same crooks show up everywhere. Scum of the earth.
Oh my ! $28.00 per pound. That's huge.....:)
We are past the open. Where is the bonkers, Penny Dip?
Exploring, possible, potential, could.......
I think Mr. Chan should invest in a toilet manufacturer to flush his BS.
Thank You for posting more on the SGMD garbage. It's laughable. I wonder how many people will actually believe it.
That's right on.
That's funny, but true.
I am certain that he remembers. Mr. Chan is a snake. A thief.
That's funny. A new day. A recognition. A reconciliation. A breakthrough.
Another hollow scam pith by Mr. Chan. GenCann is the exclusive licensor according to the pitch. It does not say that SGMD is the exclusive licensee. Anyone can get licensed if they pay GenCann. And it is known that SGMD never follows through with these pumps.
This is merely another Hempistry, BZRTH, the first Lake County debacle, Stix, and a host of others.
Nothing but junk.
Thank you for the incoherent reply.
Pistol--1dmg1 is 100% correct
, and has always been. I wonder if you are merely a pumper for the gang. Your posts reflect that.
1dmg1---good observation. Thank You.
Not much shareholder value. Still losing millions. Let's see if they make a penny a share with Bud Cars and Nugs. Most likely NOT.
Great post. I bin sayin. Everything is phony. They dare you to find an unlawful act with their dealings. They know we are taking a risk by wagering on the next roll of the dice. They are a bunch of Medicine trolls without the medicine. They never will be. Mr. Chan and his cohorts will most likely screw up at some point, and they will be featured on American Greed.
HA HA HA Make it Three Cents....deal done.
Then go find a sucker for the bridge. That's so trite.
He is not talking about money. Nearly everyone knows that the stock will go down to zero. He says what many of us all know. Most people have a conscious. It can be strong, or weak. If a person does not have a conscious, he has no direction to be good or bad. He thinks that anything he does is good--for him. With this in mind, Jimmy would feel awful that he damaged many thousand people. With your statement denying that Mr. Chan did not have a conscious seems ridiculous.
MR. Chan. I wonder if you are "braving" the current severe weather at the big house on the huge acreage that you used SGMD money to grow pot.
Right! No cannabis. Always a scam. Maybe you will drink way too much of their delicious wine........and puke.
These are great lessons over the last couple years. Sometimes your message is harsh and unacceptable to others. Regardless, you should write a book. I have the pleasure of having a father who taught me these when I was twelve years old. Many tips. And as you previously liked to refer to horse racing, I make money on the horses.
In addition, "than", and "then" are not interchangeable. No disparagement, just saying.
You are right, Suissac. Mr. Chan will not buy the controlling interest. He wants to make money along with his cohorts by pumping and dumping. He does not intend to own anything. He could have wrapped up all the necessary permits by now for the Lemon Glow operation by now. There is a new commercial grow only two miles from me.(No. CA). They purchased and permitted their property and are now several months into growing. About the same time frame that Mr. Chan began hyping SGMD's new Lemon Glow acquisition. He will not follow through, leaving me to believe once again that he will come up with a reason for it to fail. With all the competition, SGMD does not stand to make much money. He will be the same old swindler. And as Sonny Crockett pointed out, BZRTH among others shows Mr. Chan's intentions. And like before, there will be no accountability.
Another clear, concise, and correct post. Thanks 1dmg1
A lot of thoughtful people have recently posted on this board.
Good thoughts. GLTY
50% less operating income than prior year. AND---this includes the addition of cannabis. What a flop. None of Mr. Chan's hypes have earned much income. It is easy to follow that they never will.
I think Frontloading was very ill from cancer. He may have passed on. Maybe just too sick to do stuff.