Sugarmade Inc (SGMD)

[mudpuppy]

utter nonsense as usual

forward looking p/s: 1.2B shares, .06/share = mc $72M / 30M sales = p/s 2.4
s&p 500 p/s = 2.24

so sgmd may be correctly valued about .06 assuming above figures. Some mj stocks have much higher p/s ratio due to expected increase in sales etc. However as stated before the future of bizrite hydroponic sales in a highly competitive market is uncertain. And right now we don't even know current bizrite sales in this delinquent pink sheet stock which is pumping out shares at .05 like water. .