Sugarmade Inc (SGMD)

[autolake]

I have been with SGMD for a couple of years now. Thought the company was fantastic with a broad assortment of products

I became skeptical with the latest dilution. While this could be a positive if properly executed, I believe that even if they are honestly trying, they fail to have any track record. It seems as though instead of strengthening their core, and perfecting what they have, they would rather throw darts at the latest

It seems like they just keep taking our money to fund new purchases as they can't run their business properly. Spreading too thin without any attention to strengthening what they already have. If they don't have the attention span to do better with what they already have, what makes you think they can do anything worthwhile spreading themselves thinner with new acquisitions?

Luckily, my cost basis stands at .0556 .. Going to hang out a while longer in case I'm reading it wrong, but if you can't even get the financials straight on your current business, how the hell can they accomplish running more.

Feels like a crock of shit at this point. Take more money to run another business into the ground