Sugarmade Inc (SGMD)

[Moeclay]

Don't know for sure, but IMO, based on how many shares the private company has and the value of the private company...then there will be a swap of shares; for example:

SGMD has 700,000,000 OS

Private company has 100 million shares.

That works out to be a 1 share of private company for 7 shares of SGMD.

So if you have 100,000 shares of SGMD now, after the RM you'd have 14,286 new shares.


Based on 100 million shares...
If private company is valued at $100,000,000, pps should open at $1
If private company is valued at $50,000,000, pps should open at .50
If private company is valued at $20,000,000, pps should open at .20

Multiply your new shares by the opening price and there you have it. THIS IS ALL JUST MY OPINION. I DON'T KNOW FOR SURE; NEVER BEEN THROUGH A REVERSE MERGER.