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315.03 mil short shares this month compared to 27.8 mil last month. LOL
FYI: Over the past 2 months, Blackrock has added 1.6mil+ shares to their portfolio of PSTG.
Sounds more like Woke Economics.
Buckle up! Going to be a good ride!
It is going to be a ride and a good time to get a little more of them. When that first battery hits an OEM, that will be the test for this stock. Cautiously optimistic and accumulating as pricing drops. This one is going to be a ride until we know one way or the other.
So secretive for R & D and hard to tell what is next. But they are building out the QS-0 assembly line for prototype for OEMs. Going to be a "fun" ride until something rolls out or not.
This one looks like it is finally coming to a close. If only they followed through on one thing other than pump and dump.
Very well said and on point.
This one may be in for a wild ride if all the things they say and imply are 100% on the level. So hang on! LOL
He may be staying within the confines of the law but definitely immoral. This guy is into enriching himself and his cronies. Watched him work deals with companies that have only 1 employee for millions and then default and pay with stock over and over again. To stay and hold or buy this stock is a foolish waste. Yes the man is an ass but he will continue his behavior. He probably has positioned himself in the #1 position for debt collection when the company goes BK. Guess what! He will get to keep anything making money while stock holders lose it all. Dump the stock and walk away. He is all hot air.
Do not forget that these same 2 guys sold another shell company to Lemon Grow as SGMD was acquiring Lemon Glow. Follow the money.
Unless plants go into the ground, SGMD is done.
Budcars deal is gone and only is now an investment of 29 percent. He had 90 days to correct the missed payment which he only made 1. The deal ceased on day 91. So the deal with Budcars is over. All that could ever be expected to get from Budcars is a dividend or otherwise $0.
I don't believe they paid the full amount up front. I think they plunked somewhere around $240,000 down and then payments. Jimmy rarely pays in full unless it is to himself, like LMK.
Missed payments more than likely?
Someone should ask Jimmy about S W C Group. Related
LOL Carnaby Spoy Bay and Lemon Glow have the same board members. Nice payday on the merger to themselves! Hope the farm is for real. LOL
I followed all those deals and some of the same characters keep appearing and some poor innocent saps. This guy will get caught eventually.
Not only is a new company(Carnaby Spot Bay),but has no business address,except for a law office, Has no sales, no equipment, no assets and could sell for that kind of money?? Smells of Jimmy! Remember that "Sky" company, same deal. He comes so close to being illegal using shills. But that is only mt opinion.
Lemon Glow deal done. My radar is warning again as Lemon Glow merges with Carnaby Bay, a 2 month old company for how much? Over $4,000,000. Has to be another Jimmy deal!
I think his option may have expired. Jimmy was Secretary on Indigo for 1 Month and then gone. LOL. Buyer beware!
Bud car deal from 8K
"On February 7, 2020, the Company signed a definitive agreement (the “Agreement”) with with Indigo Dye Group Corp. (“Indigo”) with a mailing address of 5600 Warehouse Way, Sacramento, CA 95826, the operator of BudCars Cannabis Delivery Service (“Budcars”), which provides services in the Sacramento metropolitan area. Under the terms of the Agreement, the Company will purchase a 40% stake in the Budcars operation for a cash amount of $700,000, and will receive an option to acquire an additional 30%, which upon exercise will provide a controlling stake in the operation for the Company.
Budcars operates its delivery service in strict adherence to all state, local and municipal regulations and is fully licensed for operations by State of California regulators.
The $700,000 investment will be exclusively utilized for business expansion and operational purposes with zero funds used as consideration for the share purchase to the owners of BudCars or Indigo. Sugarmade plans to apply its operational expertise to enhance the business operations of Budcars, including geographic delivery expansion. In addition, the parties plan to enhance business operations via advancement of strategic vertical integration in order to improve product selection, product quality and profit margins.
The transaction is considered closed with the Agreement being binding on the Parties. This stock acquisition represents Sugarmade’s first action relative to its recently announced change of business direction toward higher growth areas of the regulated cannabis sector."
Checking into that! This should be interesting read from May 8K
"Our board of directors and Majority Voting Stockholder approved on April 21, 2020 an increase to the number of common shares of the corporation from 1,990,000,000 to 10,000,000,000. The effective date of the Common Share Increase will be established by our board, which we anticipate will be on or about May 25,2020."
Still want to buy?
Trading Halted? LOL next stop BK
If he did 1/2 the things he promoted this would be a rockin company.
The amount of rent and deposit is very close to the amount for the 30 percent and if there are no other debtors that asset can be claimed by LMK for default payments in the event of BK. LMK is also a shell corp for Jimmy.
I will bet you that Jimmy will try to get the 30 percent of budcars through LMK with lease default.
They chose company names that were close to theirs and then claim the business as their own. entering into multi-million dollar deals with companies created on legal zoom with reported incomes around $100,000 with only 1 employee at fictitious addresses. Unreal that these people walk around free. Some folks on here have to company shills, like scooby and thug.
You do know that the Sky Unlimited, LLc was a scam and the Athena United(now defunct owner was Ahn Thai) was Also cooked up by their own board members and or families. This will all unravel sooner or later. Hempistry didn't even pay their taxes. Yup, all big money makers. Glad I got out.
You do know that the Sky Unlimited, LLc was a scam and the Athena United(now defunct owner was Ahn Thai) was Also cooked up by there own board members and or families. This will all unravel sooner or later. Hempistry didn't even pay their taxes. Yup, all big money makers. Glad I got out.
You are so correct! The only affect to SGMD is increase in value of the investment, nothing more. Remember all the other debts by SGMD are convertible to stock in the event of default. The only debt that has no conversion that I could see is the property in N. Cal. 250k down and a little over 20k per month. If SGMD goes BK guess where the Budcars 40 percent would probably end up. RIGHT!! Jimmy would end up with it for debt settlement. Just my thought because they are having Budcars accrue debt through expansion and that could hold down value.
40 percent of net profit after expenses. If growth is occurring, salary, bonuses,etc there should be about $0 left over.
44 percent net profit after expenses. If growth is occurring, salary, bonuses,etc there should be about $0 left over.
LOL Just wait until LMK gets that 40 percent of BC as SGMD defaults on the lease.
You nailed it. Look at what he is doing and it adds up!
No $ will ever leave Budcars for SGMD! It will be used for future growth of BC until SGMD folds thanks to JC. It is all a Con Job once you put all the pieces together.
You already know that answer!
Could be any of his actions over the last 2 years. He is a very good grifter and fooled everyone. Seems like every deal was done with one of his associates except for Budcars. I have been dumping my shares a little each day and should be out soon. He will go to jail. Too many conflicts.
We will watch and see if there is much more dilution.
He is using the shares to pay off debt, right? Bet you he will file bk when all debts are paid except farm in North Cal. He will trade debt for Budcars 40 percent and go to Budcars and repeat.