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Re: josbor8 post# 10444

Monday, 04/02/2018 10:27:23 PM

Monday, April 02, 2018 10:27:23 PM

Post# of 53177
"Next year we plan to produce in excess of $45 million in revenues, which will make Sugarmade one of the premier public companies in the cannabis market sector, but this does not include any revenues from the Sriracha Seasoning Stix, Seasoning Stix or BudLife product lines where there could be significant upside"

"They delivered the revenue guidance poorly"

Yup, you hit the nail on the head this morning! Jimmy teased us multiple times to stay tuned for the revenue guidance numbers...any other time a $30m+ number would be fantastic..but we were conditioned to that figure and frankly, were anticipating more..shoot, Jimmy did toss out $45m plans that didnt include Stix or Budlife, so we were expecting an additional pleasant surprise bonus above $30m...and it didnt happen..CEO dropped a nondescript, covered his ass, $30m+ 8k with no fanfare...ugh...(: ..and thing is, Jimmy (rightfully) thinking, gang, i just dropped $30m on you! Repeat-$30 friggin' million! ..up from $4.1m! .. Hellooooo?

I'm not pissed at Jimmy, certainly disappointed for missing a potentially exciting SGMD mojo moment when news and charts were lining up in a great way! And imo Jimmy will use the 8k $30m low ball margin in subsequent PRs pointing out significant growth occurring...and 8k "margin" provides a leg up in those PRs..

BizRight allows SGMD to become a major MJ hydroponics player..and hopefully financial leverage for additional deal making.
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