Sugarmade Inc (SGMD)

[mrw21j]

It is unethical for him to report revenue numbers that were reported and never retracted when it is evident that time for deals to close would preclude revenue recognition for at least a year which is the same year he was forecasting those very same revenue recognition numbers.

That unfortunately is the problem at hand.

Had he stated $70M rev recognition on closing of both deals which may take up to 2 years and require a significant burden on shareholders and share price, then there would be much less negative sentiment at this point.