Screaming dilution is just silly. Especially at this price point. Even if BizRight were to magically dump all of the 200,000,000 shares with magic volume they were given for the merger with SGMD @ 0.21 right now that would net them only $42,000,000.
BizRight alone in 2017 brought in 30,000,000 in revs.
For 2018 they are projecting 40+ million in revenue, and I believe that is a very conservative number. (which they are currently redoing their projections for 2018 due to the growth in the MJ market.)
BizRight is not going to just let the company go for 42 million. SGMD will be well into dollar land before any of their shares will be leaving their hands.
Now with that said. This hasnt accounted for Siracha Stix, BudLife, CannaShroud, CarryOut Supplies, and Tree Free Paper revenues into SGMD.
Refer to Jimmys letter and youll see how SGMD will only grow bigger and bigger.
Alot of us here are longs, that have been here since .03s.. We know this company and what the future holds.
Financials will come, and I suggest you take a position before that happens or else you will be missing out. We know how quick SMGD moves on news. At this price point its a gift..
Like I said screaming Dilution is just silly. Yes this is the OTC, but SGMD and BizRight are actually real, with products you can actually buy and hold in your hands. Cooked with Siracha Stix last night. Not the typical OTC mumbo jumbo here.
$SGMD long and strong
