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Remember the BZRTH deal? iPower Inc. goes public tomorrow on the NASDAQ, under the ticker symbol IPW. Read this clip from their NASDAQ description.
iPower Inc. ticker IPW
The Company, a Nevada corporation, was formed on April 11, 2018 under the name BZRTH Inc. On September 4, 2020, we filed a Certificate of Amendment with the State of Nevada changing our name to iPower Inc. Our principal offices are located at 2399 Bateman Avenue, Duarte, CA 91010, our phone number is (626) 863-7344. Our business website is www.meetipower.com and our e-commerce website is www.Zenhydro.com.
SGMD was supposed to be a part of this.
Here is that page link. https://www.nasdaq.com/market-activity/ipos/overview?dealId=1140419-95772
Hopefully we'll see our Farm-to-Door come to fruition, beginning soon.
SGMD!!! LONG & STRONG!!! DIAMOND HANDS FOREVER BABY!!!
You all want to see something a little strange, but also really funny?
Take a look at ECGI chart for today, then look at the iHub message board.
Cheerleaders pumped that sucker all day straight into the dirt. It dropped from .88 down to .20. The daily chart looks like a "useless" loading ramp.
Remember this is where all the big money dropped and was made around the creation of NUG Avenue. It was at .20 on January 20th and then sky rocketed up to over 2.24 at the beginning of February. Now its back to .20 cents again. Hmmmm...??? This makes you wonder what is going to happen next.
News on April 13th, announcing Deepak Panjwani to its board of directors.
(A quote from their April 13th PR) "Mr. Panjwani has extensive cannabis industry experience and will be instrumental in guiding ECGI as it expands its business opportunities in the California cannabis markets and as the Company changes its corporate identity to Elite Cannabis Group, Inc."
I am now interested in learning the details behind this name change.
So, I'm not sure if this ties into what we are wanting to see, as any type of evidence for progress of the SGMD/NUG Ave. business model goes.
But the fact that ECGI share price has dropped so significantly, I believe is certainly a question of reasonable interest. Something is definitely transpiring behind the scenes. I just hope that it is an altruistic business plan, that will be beneficial to SGMD's bag holders.
But the point of this entire post was laugh at those ECGI cheerleaders!!
THAT'S RIGHT!! SHAKE THOSE PAID FOR POM-POMS CHEERLEADERS!!
PUMP THAT SHARE PRICE STRAIGHT INTO THE DIRT!!
Ohhh Yeah, I almost forgot to do some of my own cheers...
Now where did I put those darn POM-POMs?? Oh here we go.
GO SGMD!! LONG AND STRONG!!
DIAMOND HANDS FOREVER BABY!!!
There are several reasons the "Caveat Emptor" can be applied to a stock. SGMD's was certainly placed there after they submitted the application of the REG A+, to the SEC for approval. So, you could begin to suspect that since SGMD has now asked the SEC to place them under the microscope, that there were things they found that caused the Caveat Emptor's designation.
But, I have considered a possibility for the CE logo on SGMD, as being much more benign. Or even, as to whether the CE placement on a stock could actually be requested from the SEC. Specifically for the purpose of potentially "throttling" liquidity of shares during this time. For example: the REG A+ has a lower price than what the stock has been trading at currently. Proving that retail investors (even with a Caveat Emptor placed on this stock) have a strong desire to invest into what SGMD has already made public of their current and future endeavors. So, that it may actually be within the interest of any large "Institutional Investor" if the stock was currently stifled, during the procurement of these shares. And once the liquidity and sale of shares resolves back to normal, there could be an immediate surge up in volume and share price. With the CE dam being released allowing the flood of eager investors.
This is one of the reasons for the placement of the Caveat Emptor
Undisclosed Corporate Actions-
(The security or company is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.)
So, the Caveat Emptor can be placed on a stock, if there is undisclosed information that could potentially change the sentiment of the investor.
This is very open-ended, and it could go both ways: positive or negative. I believe it to be for the betterment and it seems to be plausible in what could be going on with SGMD behind the scenes.
Obviously, I want this stock to do well.
Because I am long-biased and I have DIAMOND HANDS FOREVER BABY.
But there are some people on here, that are glad to point out where SGMD once was in price, and where we are now. Some of them may have actually lost money and are angry enough to stick around and post all of their grievances. But I believe for the most part, they are just being BEARS and they are shorting the stock. I HOPE THEY ALL LOSE THEIR SHORTS.
$$$ GO SGMD $$$ LONG AND STRONG!!! $$$
$$$ DIAMOND HANDS FOREVER BABY!!! $$$
Well, it looks like we are possibly on our way to the 50 SMA after all. Would be awesome to get some new information to keep us trading above it. Come on Jimmy! You can do it!
If an investor purchasing stocks does not have knowledge of understanding technicals, such as support and resistance, chart patterns, the use of trend-lines, as well as using RSI, they will (most likely) not understand what is a proper entry. Or, what is expected to happen after a significant surge up in the share price/volume. Inevitably leading to the purchase of shares at a premium. With that being said, I posted a video in July explaining how it appeared that SGMD had begun trading on such technicals. Where I explained that if SGMD could get back above the 50 SMA and hold, there would be the strength to push into what eventually happened beginning on Feb 3rd. What this means is that this stock is being traded now on these technicals. And PRs are targeting the set-ups that the technicals provide. Moving averages are not magical, but certainly do have an invisible power. It is because traders use them to enter and exit their trades. Trading Algorithms use them as well. So once you are able to see these Moving Averages as being a valid and useful tool, you can then anticipate what to expect for the next move. Therefore, you are more aware of what happens after a price surges up. Once you are so far above the Moving Averages that there is nothing above for resistance, you should then be looking at the RSI for the top of the move. SGMD crossed 60 RSI on Feb the 3rd and went all the way to 97 RSI, before it topped out. My estimation was around 88 to 90 RSI before a pull back. But it far exceeded that after what appeared to be a short squeeze from .0082 up to .02. The RSI is the tool to use to anticipate a pullback. So what I am saying is that now we are in, what is the only thing that can happen after such a move. We are looking for support. We are still way above the 50 SMA on the daily. So that is good, but we need something for a support. Using the 4 hour time frame we are holding support on the 50 SMA. And this appears to be a good place to hold until the 50 SMA comes back up to meet us, at this current price. We want the 50 SMA back beneath us, but we do not want it there because we dropped to it. We want it to come to us. Now here is where this gets crazy. If you look at my Screen-Name, it is 72 American Patriot. Two of those things are rather obvious, but one might not be as such. Well, you've probably guessed it by now, but I was born in 1972. On February the 4th. So... SGMD, after holding the 50 SMA since Jan 14 began it's upward ascent on February the 4th: my Birthday. It proceeded to climb upward then closing the day @ .0024. The date of February the 4th, is 2/4. It gets better. The RSI topped out that day, and began it's first pullback since Jan 29th. With an RSI of 49.72 (It's been 49 years since 1972. Feb. 4th was my 49th birthday) the RSI continuing ascension until Feb. 4th. With an RSI of 72.72. So my Birthday being February 4th 1972, or 2-4-72, the stock reached a price on Feb. 4th of .0024 cents, topping at an RSI of 72.72. Not just an RSI of 72, but an RSI of 72.72. Seriously, so crazy. Here is what is really crazy about all this: I began to pay attention to what SGMD was doing so far as technicals, on June 12th. Where the price hit a high that day of .0024 (2/4). The next day crossing the 50 SMA and continued moving upward with strength, for 9 trading days. A brief pullback in there, but a strong recovery pushing all the way up to a high of 72. Yeah, it's ok. There is definitely something to all that. And there is more to the story, as far as the significance of the date. If you would like to know about it, just ask.
SUISSAC, ALL ABOARD? Of What? The CRAZY TRAIN to LA LA LAND?!! You have given me so many reasons to crack-up over the years. I really do appreciate it. It's good medicine bro. I want to point something out to anyone who cares. First off, if SGMD can ever stay with any of the ventures it gets into, there would actually be value in holding this stock. But I have come to realize that if you do not own any shares, you could probably do ok. If you just waited until Jimmy's promotional CHEER-LEADERS start shaking their pom-poms around, you would know a PR was soon to come out and just get in then. Nothing big, just as someone was suggesting earlier "beer money." Well my investment is a little more than that. Lets just say if I had the cash in hand, I could drive off the showroom floor, a new 883 Sportster. Although not my color of preference, if they had one to reflect my portfolio with my SGMD investment it would be BRIGHT RED. Here is what I noticed. The pop up to .0072 that began on June 12, conveniently ended on the same date as the first public statement was released regarding the REG A+, June 25th. The same day, the stock came tumbling back down as it always does, until the new ALL TIME LOW, of .0007. This new low would began the RSI on the daily, upward trajectory through a full month of trading days, all the way up to .02. To be meet there head on, with the news of the REG A+ being initiated. To again send the stock crashing back down, along with the small investor's beer money. With their hopes and dreams of making some EXPENSIVE BEER MONEY. Along with the money of the investor that might have even put in something more like, ummm, "beer-truck" money. (This is making me thirsty). But do you see what I'm getting at here? The two biggest pops that we have seen in a long time, both dropped at the exact same time that the news came out regarding the REG A+ and billions of shares of dilution. I believe, that knowing the share price would be effected with this news, the price was driven up by the exact same people that decide when this stock goes up, down, or sideways. There is money to be made with this stock, do not get me wrong. It is just knowing what is really driving the price that is questionable. I think that because the sentiment was expected to be strong across the entire Cannabis sector, with the proposal of Federal Legalization, that the timing of the REG A+ was planned to be right in the middle of the pop. I believe that there was an actual SHORT SQUEEZE that did occur from the .0082 to the high of .02. But once the dust settled from that pop, whether it was organic dust, or synthetically created dust is besides the point, the BEARS SOLD INTO IT. And here we are now wondering what the hell happened. Well... we just witnessed a perfectly executed money making machine. Otherwise known as the Sugarmade-ATM. Don't be sad folks. It'll happen again. Also, don't believe what I say to be true, just because I took the time to type it and said so much of it. Just believe that if you keep trying to understand how these things work, you'll eventually figure out a strategy that works best for you. Mine is DIAMOND HANDS FOREVER BABY. I'll NEVER SELL THESE SHARES!!!! BACK OFF SUGAR BEARS!!! YOU CANNOT HAVE THEM!!!!
For the most part, this is inconsequential. But not at all irrelevant. Our current Authorized Share volume up to date, is 10,000,000,000. So why isn't this updated to current here at Investorshub? We have numbers posted at how we ended Q1 from 2018. Couldn't this be easily updated? We are listed as having 1,990,000,000 Authorized. Which is almost 8,000,000,000 less of what is posted. This might be ridiculous to point out, but it is a rather large discrepancy. This has been a question I have been wanting to ask for quite sometime. When you see this posted here on this site, it is not like it is obscured. It is freaking huge, right smack dab in between the chart and the current price. Whether or not these ventures posted are still in play, is another issue altogether. But share volume is what it is. So when you see this is where it is discussed, what we believe is taking place behind the scenes, it makes you wonder, as it seems this site is a low priority, is this telling of how irrelevant to SGMD all our opinions are? Haha... ok
SGMD - Comical Analysis - Episode 3
SGMD - A Comical Analysis - Episode 2
"SGMD - A Comical Analysis"
The entire Marijuana Sector has been down for almost a year and a half now. With very few developments to get excited about for a long term investor. Yet not overlooking the obvious: Many "Large Name" prices are currently so low, that many of these stocks could be seen as a good buy. As they will definitely be going up, eventually. But will they ever reach their former glory? As the Marijuana Sector is still in its infancy, it's had plenty enough time to "weed-out" the weaker plays. But so far as any ticker having "moonshot" potential, I honestly do not know of any at this time, other than Sugarmade, Inc. (SGMD). Go ahead and shop around and see what you can find. But there is none out there, that have as much ahead of where they currently sit as SGMD now does. And definitely not having as much positive cash flow, as they are now able to put on the books. That's on the daily, folks. (This is only an example, not investment advice) But a simple $100 dollar investment at the current ask price of, .0041 would become $731.70 if the stock just makes it to .03 cents!!! That's comical. This is money! Buckle up, my friends. This journey is just getting started and I honestly believe things are about to get really interesting around here.
Sincerely,
72_American_Patriot...
Awaiting Skillful Polisher: Not afraid to get your hands dirty? Great! The last adjunct post needs your buffing attention now! Haha
HAPPY NEW YEAR'S EVERYONE!
Penny Stock 101 is promoting SGMD. I received this today, 12-19-19.
http://www.icontact-archive.com/archive?c=925383&f=3061&s=47348&m=2645938&t=cf3575d157ea9526905a8ee5f9b108d66854be1026e0865ca76ad6bef1aea5a3