Sugarmade Inc (SGMD)

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I have a feeling Jimmy Chan, SGMD, Budlife, Sriracha Stix and everything to do with SGMD is 100% legit. If I'm right, that means most likely he intended to file on time, but this Q was no doubt way to complex for him to complete alone (which is fine, people make mistakes and CEO's cannot do everything alone, maybe he thought he could and was positive that everything would be fine? I've done that before!), and he had no choice but to file late since the process of filing correctly was more important. I also believe that more likely than not, he will have learned from this mistake and next filing will likely be on time, especially with revenue and everything he will be sure to pay up for auditors and staff to get it done correctly and on time. If he files on time for the next Q filing, most likely the stock will spike up from wherever the price is at that time, which will likely be over .20 in my opinion.

This price decline is a blessing. I bought more at .09 and more under .06 and have been crossing my fingers for this drop, and I hope it continues down to .04's before the filing is complete to average down for the coming rally and uptrend. More likely than not the price will be over .10 soon once SGMD is current on filing, the OTC stop has been lifted on the ticker, and shareholder confidence is restored. With coming PR's about budlife among others, this stock could easily get overbought well above the teens in only 1-3 months time.

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