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Re: remember my name post# 18263

Monday, 03/25/2019 9:17:53 AM

Monday, March 25, 2019 9:17:53 AM

Post# of 53215
Thank you for your comments. The most important aspect as you correctly stated is not one entity has walked away from the table. In its simplist form it means all party’s have determined the long term business plan if executed provides financial substance for all stakeholders. As this specific area in the market matures, and assuming acquisitions completed, with positive cash flow, SGMD can run for a couple of years before the next move. Sgmd needs to show stability. I’ve worked in M&A and SGMD is classic case of singular organization leveraging all assets to expand without having sufficient capital to pay cash. This may turn out to be a sound strategy because stakeholders have to maintain proficiencies to increase share PPS. The value added for acquired entities is number of shares given. The higher the PPS, the greater market recognition and then institutional onlookers take hold. Everyone has their own viewpoints but if the cards are played out and SGMD succeeds, I can easily see the PPS reach $1.50 in 15-18 months.