Sugarmade Inc (SGMD)

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SGMD PR summary updates for significant PR releases since 2015:

07/22/15.."Sugarmade Enters LOI with Boa Coc Paper for Accretive Acquisition"..
Result..Boa Coc acquisition never happened..Later amended to a trade agreement and Boa Coc product phased out.

03/11/16.."Sugarmade Announces CannaShroud Cannabis Transport System"
Result..product not available, Cannashroud website no longer active and domain for sale @$420... http://m.activedomainhosting.com/buynow/cannashroud.com .

09/28/16.."Sugarmade Announces Sriracha Seasoning Stixs"
Result..SGMD Stix gig not profitable..Stix deal dropped, acquisition option dropped

11/16/16.."DabBox cannabis concentrate packaging"
Result..not available, website inactive http://www.dabbox.com

01/24/17.."Sugarmade Acquires Manufacturing Rights for Smell Pro Cannabis"...
Result..appears Smelpro handling their own limited business.. https://smelprousa.com/pages/retailers

03/30/17.."Long term distribution agreement with Wagner Bartosch"
Result..Carryoutsupplies indicates two Bartosch skus (out of tons).. https://www.carryoutsupplies.com/products/the-divider-dispenser-kit

06/07/17..Caligrownsupplies $3m, 12 month hydroponics deal announced..https://ih.advfn.com/stock-market/USOTC/sugarmade-inc-qb-SGMD/stock-news/74946755/sugarmades-receives-purchase-orders-hydroponic-sup
Result..SGMD financials indicate the $3m revenues not achieved in 12 months...www.caligrownsupplies website no longer active.

06/13/17.."Sugarmade Joins the Cryptocurrency World"
Result..Carryoutsupplies DOES accept bitcoin.

06/26/2017.."BudLife Intelligent Cannabis Container"
*Result..expected product delivery over one year late, but appears significant progress being made.

03/20/18..SGMD "now recognizing (BizRight) revenue under this new agreement with the month of April expected to be the first full month of reporting.
Result..Per 11/28/18 8k.." The Company’s independent auditor firm determined much of the revenues generated under the terms of the Agreement with BizRight did not meet minimum standards for recognition under U.S. Generally Accepted Accounting Principles, thus the Company reported a lower revenue amount than previously expected from the Agreement."

08/16/18.."SUGARMADE MOVES INTO EUROPEAN HYDROPONIC MARKET with dozens of skus"
Result..presently 13 ipower skus offered on Amazon UK.. https://www.amazon.co.uk/gp/aw/s?i=aps&srs=4065473031 vs couple hundred Amazon US

08/21/18.."Sugarmade Launches Industrial Hemp and CBD Initiative" committing up to $1m Hempistry investment..
Result..???, pending.

01/11/18.."Sugarmade Executes on $40 Million Definitive Agreement to Acquire Sky Unlimited, LLC "
Result..???,pending.

01/23/19.."Acquire Hydroponic Retailer Hydro4Less"
Result..???,pending.

Btw, Carryoutsupplies put the FreeHand Thumb Tray on clearance last year.