Sugarmade Inc (SGMD)

[VFrankenstein]

Food for thought from last filing (10K):
Table 8 has been prepared based on the number of shares outstanding totaling 246,658,026.
Officers and Directors / Amount of Ownership / Percentage Owned
Jimmy Chan / 14,063,502 / 5.71 %
Richard Ko / 4,530,572 / 2.24 %
Greater than 5% Shareholders
Amy Thai and LMK Capital LLC / 20,644,733 / 8.37 %
It looks like the people who are supposed to be in charge here may not be.
If the company only controls less the 17% of the authorized shares, then what do you think the chances of them are to hold a shareholders meeting, and ask the rest of us to vote for increasing the authorized/outstanding shares that will dilute the value of our shares?
This may also be the reason why SGMD has not been diluting like most pinks do.
Is this possibly why they've stopped PR's and financials, because they are in a Catch 22?
No share increase = not able to complete new deals????
GLTA