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Wednesday, 03/21/2018 11:05:51 AM

Wednesday, March 21, 2018 11:05:51 AM

Post# of 53160
Your math is correct with the numbers you are using but you maybe mislead by the langauge. Its seems to be a total of 450 million shares plus cash $6 million. Lets just say its a total of 1 billion shares issued and only 45 million next years sales 2019. Since July 1 2108 starts the beginning of next year which is only 3 months away will use 2019.

Current price .20 x 1 billion = Market Cap of 200 Million.
Let say they do only 45 Million. Price to sales (P/S) will be 4.5 forward sales.

But the facts are Sgmd will only issue out 250 million O/S to biz right
in year one and 250 Million from Sgmd which gives a total of 500 Million O/S this year.
I'm working with round numbers so others can follow with me.
Price to sales P/S now becomes 2.2 based on the market cap of 100 million.
The rest of the shares will be issued out next year with different revenue guidance much higher . Lets use your numbers 4.5 P/S Kush Bottling trades at 13 P/S base off of 25 million next years sales. Canada stocks trade so much higher.example Aurora is like 50x next years sales.

Sgmd should be trading 3 times higher then where it is now. Should be trading at .60 . That would 13x P/S This is a low ball number as I will example through out the month once revenue guidance is issued.

We Have to remember that the deal was made with Biz Right Bc of Sgmd new products and the explosive potential Budlife presents. Which should be available to sell any day now. How else would Sgmd be able to buy a $40 million . Remember sgmd only produced $4 mill and lost $4.7 million in 2107.

Maybe nobody gets it bc the stock is trading at .19. P/S 2.2 to 4.5 depending on who's math you are using . A company like Aurora wants to produce 100,000 kilo which is 220,000 pounds of cannabis next year in Canada. This is just one of 4 company in Canada. Canada industry will produce over 400,000 kilo next year. Sgmd Budlife is out to preserve Cali ,oregon and Washingtons cultivators and medical Cannabis which is so much larger then Canada. Actually 5 to 6x larger. The cultivators alone will need 1/2 million storage systems budlife.1 system for every pound produced. Depending on what Sgmd prices out budlife $40 to $60 per unit or higher. Thats sales of about 20 to $30 million or higher. Plus medical and Dispensaries sales. Due to fungi and mold Sgmd believe the FDA will change regulations to make Budlife the stantard.

I have a short term gold of .60 per share buy end of April . Yes chart are tight but that just consolidation for where it was at .03 in November.Still a upward trend . Resistance at .20 breakout at .22.

My price target is at 1.20 by june bc our Market cap will be above 200 million once we hit .40cents and 500 million shares are issued. Now the Etf's will have to buy sugarmade so don't expect the low share price to remain for long. Long term Etf's now how to value stocks. They will put a 20x or higher P/S on sgmd by next year. High growth sectors with patents hold a higher P/S . So take your time and remember my name.
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