If you look at the Use OF Proceeds section of Registration Form S-1, it breaks it down as to where the money is going. Again it all depends on the "pending financing" that they say there were trying to get as to what percentage of the Offering they use for BZRTH. The offering is that SGMD will sell up to 138,461,538 of it's Common Stock to K&J at a price of $0.08638337. SGMD then uses the raised amount of money as listed below. Then K&J may resell up to 138,461,538 shares of SGMD Common Stock that SGMD sold to them. So, if SGMD raised 100% of the Offering then I think that is the total amount needed for the acquisitions, in this case it looks like $7,000,000. The May 20th 8-K says they will use a portion of K&J funds in addition to "pending financing" to complete the acquisition of BZRTH. So, I am thinking the $7,000,000 is for all acquisitions, which include Sky Unlimited. Is anyone else seeing it this way?
If 25% of the Offering is Raised (34,615,385 shares sold to K&J)
Aggregated Amount (Raised Amount): $2,990,193
Inventory (COGS): $700,000
Acquisitions: $1,500,000
Operation Expansion: $790,193
Total Use of Proceeds: $2,990,193
If 50% of the Offering is Raised (69,230,769 shares sold to K&J)
Aggregated Amount (Raised Amount): $5,980,387
Inventory (COGS): $1,500,000
Acquisitions: $3,500,000
Operation Expansion: $980,387
Total Use of Proceeds: $5,980,387
If 75% of the Offering is Raised (103,846,154 shares to K&J)
Aggregated Amount (Raised Amount): $8,970,580
Inventory (COGS): $2,000,000
Acquisitions: $5,000,000
Operation Expansion: $1,970,580
Total Use of Proceeds: $8,970,580
If 100% of the Offering is Raised (138,461,538 shares sold to K&J)
Aggregated Amount (Raised Amount): $11,960,774
Inventory (COGS): $3,000,000
Acquisitions: $7,000,000
Operation Expansion: $1,960,774
Total Use of Proceeds: $11,960,774
