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Re: Michaelisme3 post# 20056

Saturday, 06/15/2019 9:28:58 AM

Saturday, June 15, 2019 9:28:58 AM

Post# of 53177
SGMD has a string of acquisitions that they are trying to close out. They are trying to close out Bizright, BRZTH, Sky Unlimited Group, Athena United, & Hydro4Less. IMO, once they close out the 1st one, Bizright & BRZTH, then it's off to the races with the stock price. This will help them speed up the process on the other acquisitions and their closings will soon follow there after. According to SGMD's last 10-Q in their own words "we expect to begin recognizing an increasing amount of revenue under the Master Marketing Agreement (Bizright) as we move further into calendar 2019 after completion of the acquisition." So, their timeline to finish the acquisition as stated from the May, 20th, 2019 dated 10-Q is soon in 2019. So IMO, I think we will see 0.1 pps and above before the end of 2019.
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