Sugarmade Inc (SGMD)

[VFrankenstein]

"Additionally, the Company announces the completion of its year-end audit in preparation for its year-end, and other, financial filings and its intent to soon offer formal revenue growth guidance for year -end 2018 and 2019."

Remember that their fiscal year ends June 30th. Not December 31st. It's year end (10K) will bring us up to June 30, 2017. When will we get Sept 30th (Q1) & Dec 31st (Q2) that will bring us closer to the present reality.

"For the past few months, the staff at Sugarmade has been implementing a plan to significantly increase corporate accounting and financial resources to manage the over 400% revenue growth planned for the next few years."

The 400% is fantastic, but is it enough to offset the expenses/debt they have incurred in the past 8 months to cover their expansion?
As of their last filing from March 31, 2017, only days away from being a year since, they had a net loss of $2,698,119 with only $13,395 in the bank.

GLTA