Sugarmade Inc (SGMD)

[remember my name]

Issuing out shares is the easy part . We went from 260 million to over 640 million
Shares . So plenty of shares to issue out . The cash comes from a secondary offering which would be
Restricted for one year . Last year they offered 12 cents at a Minimum $ 50k to sleek .sleek did not want to lock his money up at that time . The stock was at around
16 or 17 cents when they offered it to sleek........
The stock was around 12 cents when 350 million extra shares hit the market for Sgmd .
200 million issued for bizright . If they offer shares at 6 cent let's say when it was at 11 or 12 cents . They will
have to do a secondary offer of 100million shares to raise 6 million dollars . Restricted for 1 year .

Hope this answers your question !

Rmn