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I'm ok with the increasing the O/S, as long as they are for completing the existing deal(s)…. the key word is "completing"...hey... if they didn't increase the O/S this would be back at the Sirancha Stix game....and that was going nowhere in my mind.....
now you know....I didn't just fall off the turnip truck yesterday...I've been around these ol' markets for a long time...in fact back before the dial up internet days!....I've had my Wolf on Wall St days back in the nineties and have seen all kinds of P&Ds and stocks that have blown up!
bailosellhai….great bargains usually high tons of volume from investors who want to get in on a great deal (price) and hold for a the stair stepper gains and large exit. Almost a year later ...we seem to be the bottom floor investment price month after month.
for your other question is that the s/p doesn't usually last long with GREAT DEALS and the speculators snap up the cheap ones like RMN and SLEEK....but the fact that every month we have cheap shares and the target price of .30 seems so ridiculously far away sends red flags to me and I'm sharing them...I'm sure it's baffling RMN and Sleek too......
hey Sleek ..you forgot to mention that the volume has dropped like a rock...it's things like that ...that make you go hmmm... so we have Bizrite on the slow burner and now we have a higher rev company than Bizrite cooking and we can't even get a steady s/p price of .14 or better...???....now you know why I keep questioning the validity of these deals....
correct bailosellhai…. and there are very few long shareholders here ….just penny flippers!
what a bonehead.... is your pc a 286 mb computer??….b\c you clearly can't tell the difference between Bizright and Athena United....for the 200 mil shares owed
I guess I hit an angry nerve......when you should be smiling and laughing while you are shorting on your long homeys...lol ...and comprehension isn't one of your strong suits...I originally said.."you say the Bizright deal is done?...so please give me the link to the 200 mil shares that they would have received for compensation as to their agreement?"...so this deal has been churning for almost a yr. …..just not enough time for Jimmy to ink it...me thinks volume is dropping again...drop something shinier Jimmy!!
what do you mean penny flipper...I just keep questioning the deals until one gets completely done ...you know with final docs with signatures not too much to ask for huh JC??...Jimmy talks about many deals but please inform me which one is completed?...everytime one of his deals burns out then a shiny new one takes it's place and everyone here is all sh1ts and giggles until the volumes drop..(and then s/p drops) and look no further than the left or the right of us is a so called long penny flipper, flipping away, then bragging on the way out. SGMD is becoming a playground for the flippers....and the LOIs keep stacking up.....come on Jimmy get one done ...then 2 ...and then I'll be content!
so bailosellhai…...you say the Bizright deal is done?...so please give me the link to the 200 mil shares that they would have receieved for compensation as to their agreement?....awaiting your link
yup really bailosell…
...ok AWESOME NEWS!!….. good volume!....followed by lack luster performance of the s/p considering the perceived value of 70 mil in revs.
SO it's been about a yr. since we first heard about the Bizright deal...still not completed...we have heard about Hempistry, Budlife, and others... not one has a completed and signed contract. …...So far all we have are only LOI's or MOU's...which mean look ...look at me!!… So the newest shinny penny is now Sky Unlimited Athena United!!!!
Full disclosure Still Holding and NOT IMPRESSED!
so does this mean that Bizrite has been kicked to the curb????
one thing certain here is there is ALWAYS a BUYING OPPORTUNY!!!....come on....Jimmy... complete something!!!!
say what???...when did the Bizright get finally done?...where's their shares?...and 1 milly performance bonus???,,,,let's just hope this is not a bait and switch!!….how many deals is JC juggling now???...FIVE? or SIX?....you have to start wondering if Jimmy is the real thing or a manipulator...Jimmy can you JUST close on one deal please!!!!!!!!!!!!!!!!!!!!!!!!!!! ...Ohhhh and complete the financials on time OK....!!!!$#$#&@!!!!
Ps...sorry to ask for so much....
lol..lol….. ohh… Jimmy you crack me up!...just about every time that we figure you are legit and won't fck us up....you try to pull a wool sock over our heads AGAIN!!!!
PS.....can't wait until your next jackazz move JC!!!
I think they have to bring it forward onto the agenda at the next AGM before they could do a R/S...not as easy as it used to be...
my clock...anytime today ….as in 11:59:59pm
correct and in Canada they can have a restriction of as little as 4 months.....
Usually a restriction for shares for a PP is 1 yr....OR … 2yrs. and sometimes not until you can get an opinion by a lawyer before they become unrestricted!!!
Bailosellhai….when you see Jimmy next time ...ask him how many shares does his Preferred shares equate into common shares...tia...
yes you are correct Bailosellhai..
If you sold sell and buy more shares before the date of record it can trigger another proxy vote sent to you.
suissac...is this the ammo that you said (or someone said) that would move our s/p up to the .30's?
where's suissac?
Security Details
you're close akc232....
Market Cap
32,492,067
10/09/2018
Shares Out
282,539,717
09/28/2018
PS....the charts are turning positive...except CMF which is too bad because that was a huge support indicator for us over the summer...I see .15 as the first resistance...IMO
there is only one problem RMN (well maybe 2)….SGMD has not closed on 1 of all the companies that they say they are in talks with, and they can't seem to keep enough long investors as the s/p indicates which is stagnate and is being sold into the volume repeatedly!
Btw.... the float is now 166 mil.
PS....the charts are turning positive...except CMF which is too bad because that was a huge support indicator for us over the summer...I see .15 as the first resistance...IMO
i get that but that's not what is says in the article....plus the other mistake they made in that same article ...crappy editorialing or sloppy writing!...IMO!
yes I just read that ….since when is Sugarmade a producer of cannabis cultivation?
Also....
Sugarmade looks set to consolidate its position through the recently announced acquisition of two companies selling hydroponic and other cultivation supplies.
Hmm what do we make of this?....I thought SGMD was looking at these 2 companies for an acquisition?.... is it a done deal or still looking?
Other than those glaring errors....it looks like good marketing for SGMD!
what happened to Hempistry?....we don't hear nothing on that deal...
Agreed ...I have brought up this issue up before... I also can't even get 1 return call from JC (about a dozen unreturned calls now in 16 months)… that aint good :(
where's the .30 potential target Jimmy? you are only 66% off...lol!!
bailorsell ...I would rather SGMD verify their financial for Monday than recycled news!
let's hope Jimmy doesn't use the OTC fully reporting status as a diversion for late filings !!!!….right JIMMY????….you are still going to file on time right JIMMY????….because the stock price doesn't look like it....get on it Jimmy while the markets are still open.....
sorry my memory is off... here's the info straight from OTC MARKETS
The floats the only concern!!
Share Structure
Market Cap
24,242,062
09/27/2018
Authorized Shares
300,000,000
08/31/2018
Outstanding Shares
271,164,004
08/31/2018
Restricted
104,390,363
08/31/2018
Unrestricted
166,773,641
08/31/2018
Held at DTC
162,611,542
08/31/2018
Float
166,773,641
09/04/2018
Par Value
0.00
hey LTG...the island is beautiful as always...you should visit!! ...have you and your pitchfork caught up with Bob yet ………?.
you are looking at 181mil in the float right now!
anybody ever tell you that your songs are doing anything for the UT?
I just left a message for Jimmy to fire the IR group as the s/p was doing better without them!!!
ps ….well done JC your SGMD chart looks like Sh!T
read my last post....
ok smart azz...this was a comprehension test...lol!...are you exiting why you are existing?....I'm not impressed by the downtrend of the SGMD stock price since ….the potential price target of .30 S as the voting day gets closer....
are you existing RMN or Sleek Solder?...someone(s) been selling all month on a bunch of "fluff" NRs...
they can't increase the A/S right now Impossible!!…(THEY HAVE TO VOTE FOR THAT CHANGE) but they could be diluting with remainder of current O/S shares …...but I would expect them to be restricted ...however, if an investor had free trading shares then they could dump them on the market and keep the paper until the restriction comes off....and maybe some older paper could have came off restrictions??
Now does know if Jimmy has Preferred shares with special voting rights to trump all common shares... this is pretty common now with Pink sheet companies to have Preferred shares that have a 10 for 1 voting Common share (for Example).
Anyone have the structure of SGMD???