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Re: GetRich902902 post# 19838

Saturday, 06/08/2019 6:52:08 AM

Saturday, June 08, 2019 6:52:08 AM

Post# of 53230
Interesting analysis GetRich but I think your projection is more ‘blue sky’ thought than reality. If you are only 50% correct which I clearly hope happens, I’ll be able to pay off my daughters family house and the kids college. So yes I’m pulling for you. Where we agree is on the subject of past revenue projections. It would make no sense those numbers have not increased incrementally at even 10%. The positive points, at least to our knowledge, is none of the entities involved have walked away from the table or as material matter a filing occurs. What I see occurring is SGMD wrapping up all contracts at one time under Sugarmade umbrella, reorganization announcement of corporate structure and Board, request to uplist with no RS. My concern is the monthly ‘burn rate’ and what the income statement looks like. If the PPS rises at or near your figure, even with a restriction to sell shares of the powers to be for 12 months, then what??? SGMD goes on life support because you know each has exit strategy just like us. With just the upper tier share holdings, even at $2, well let’s just say we are not a $500 million or billion dollar company valuation. Not that you are wrong, but I think a more reasonable expectation in the next 12 months is .45 - .60. Good luck to everyone