Sugarmade Inc (SGMD)

[Moeclay]

The annual isn't due until September 30...they have 90 days with an annual versus 45 days with a quarterly. And there won't be any Bizright revs on that because the fiscal year ended June 30 and as of today, they are still delayed with "funding".

Most attorneys won't take a case unless there is a lead plaintiff with a loss of $100,000 minimum.

If your loss is not that huge, I'd move on. There are too many other options out there to be stressing over this ticker.

There are plenty of farmers and growers who've already established themselves as industry leaders and therefore have their established equipment/supplier representative. I can bet those millions of said revs that Bizright brings in, Sky brings in and Hydro4less brings in are all lies. Lies protected by "forward looking statement".

If history is an indicator, I see SGMD follow the path of MCOA. MCOA filed several S1/A's two months ago. Now they are about to implement a reverse split.

SGMD just filed an S1/A, by the end of the month, they'll probably file another S1/A (same pattern as MCOA who's also dealing with John Vu (K&J)). By the end of September the stock price will be sub penny forcing the company to do a reverse split just to stay QB.

All my opinion of course.