Sugarmade Inc (SGMD)

[freemoneyfella]

On September 10, 2018 SeeThruEquity initiated coverage on SGMD with a “price target” of .30/share.

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/seethruequity-initiates-coverage-sugarmade-inc-130000545.html

Roughly two months later on November 8, 2018 the SEC charges SeeThruEquity with fraud. Specifically charging SeeThruEquity and it’s founders with issuing phony “price targets” on SeeThruEquity’s covered companies.

https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/797BE2DD-0616-47EF-8B0A-1C89E1DEB11D

Also noticed that SGMD was SeeThruEquity’s second to last stock recommendation on SeeThruEquity’s Twitter feed before SeeThruEquity ceased posting to Twitter.

https://mobile.twitter.com/seethruequity?lang=en

Interesting timing. SEC charges SeeThruEquity with issuing fraudulent price targets on their recommendations on November 8th, and then by November 26th, SeeThruEquity has it’s last 2 Twitter posts, then all posting just ceases completely ever since.

Why was SGMD management engaged with SeeThruEquity?