Sugarmade Inc (SGMD)

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I just reread that email..Thx for posting!

""First of all, thank you for being a shareholder and sharing our dream. Both Sky Unlimited and BizRight are huge opportunities for Sugarmade. As of yet, our ability to recognize revenues has been very limited due to accounting and audit issues. These issues have nothing to do with the veracity of our team or our accounting, but instead relate to complex Generally Accepted Accounting Principles (GAAP) and our ability to raise the funds required to fully close the deals and begin full revenue recognition.

We assure you we are working diligently to resolve the issues, so we can realize our fully potential as a Company and maximize the share value for you, the other common holders and our staff almost all of whom also hold shares in the Company. We certainly have a plan relative to the issues you identify.

Thanks for being your concern to our attention. We plan to increase our communication over the near term so that the trust investors have placed in us can be maintained.

Thanks,

Jimmy Chan
CEO"