Sugarmade Inc (SGMD)

[remember my name]

Happy Fathers Day after!

So much negativity on this site . No financial is all I here ! Let just say all financial are reported on time. Sgmd reports they will do 30 million in sales and growing at 30 % per year. Market cap of 60 million after first round of shares issued. The industry is trading 15 to 30 times sales and higher. What Sgmd worth now . Sgmd would be trading at about 1$ on the low end. Then add in stixx and the possible of budlife. Now sgmd would be trading around $1.20. This deal with Sgmd was almost a merger of equals. How was that even possible when sgmd lost 4$ million. The only way this was possible is if Jim created a really big lie like the Enron scandal or Bizright and Sgmd tested the market and seen a larger demand for Budlife then their own business.
Budlife was on the 4th Generation prototype. It tested in the lab first then out in the real world for the last 6 months. Bizright knows the success of budlife or there would of been no deal .Budlife technology was meant for fruits and vegetables but the demand was low. Budlife is perfect for Cannabis bc Refrigeration kill the bud flower and Budlife stores the levels of the cannabis up to 6 months. Jim Said it tested fantastic in the field and would not release the product untilthey had enough inventory. With no financial very little can be said. But the stock is so over sold. If financial bring sgmd to 1.20 or Higher without and I will repeat for all those Nayasayer without Budlife. Then what is it worth with Budlife. We are at 13cents the risk reward is so great I am buying all the way down but this is penny landed over bought and over sold. It only takes a few people to sell to make this stock go down but the same on the way up. We are in the hottest sector in the market , industry growing at 25 percent a year. Legislation is going to be passed. States are looking to go Recreational and medical. Overseas has a need for hemp and is growing at 300% a year. Do you think Sgmd will not be able to due $30 million under a industry growing at 25 % a year. This t is a no brainier. Your in penny stocks for the high risk and the high payout. But sgmd is trading at a low risk and a potential for a high payout. Guy like Mudpoodle ,Hairy Larry and other are trying to push the stock down so they can get more share to make larger profits. Friday was the first day that the held. One investor was able to visit the new location. I hope that helped investors to realize they do exist. He said they were very busy and focused. I m sure that's the reason behind the financial being late. Jim has repeated that time and time again . Rapid growth is not 15 % a year but much higher then that. Sgmd sells the tools, picks and pans to this gold rush. Its a undervalued stock by far so once again Financial don't matter. Yes I would be worried if the industry was growing slow but industry is growing at 25% for the next 5 years or more. Remember your in before the institutions. Your in better then a IPO. Remember Sgmd went to 42 cents in Jan 2018 before any Nayasayers . The Nayasayer seen their opportunity this year to knock the stock down bc they want more shares and eventually they know the financial will be released.

P.S If there is a trade war this industry still moves forward full speed ahead.

Remember My Name ! And Financial at these levels don't Matter!!!