Sugarmade Inc (SGMD)

[remember my name]

The million dollar question ? I ll go on record ! Sgmd is raising about 3 to 4 million
A quarter. Let's say they need 6 to 8 million for accountants and auditors . 10 percent of the
Acquisition gross revenue for both biz and sky . It seems to me Sgmd is involved with all deals at the same time. Using raised capital for all deals . Which is why the acquisition are being push out further .
It's a very hard question Bc audits can take up to one to two years Bc the audit has to be past , present and future . So like 1dmg1 said the first agreement has to be changed . This is more time and more money .
The loses for Sgmd seem to be well inline. 10 million over 9 months . What I notice this quarter is the loses slowed this maybe be a indication That they don't need as much money for the audits and can contribute more
More cash to the acquisitions.

Here's the Scenario at 5 million a day x 20 trading days in a month that's 100 million shares sold by Sgmd 1.5 to 2 million a month. In 6 months we are at 1. 3 billion o/s . 700 million left . This is were kJ funding will
Come in . For this whole thing to make sense the deal needs to be done before then Bc it will take
kJ funding 500 million at .02 to raise only 10 million.
So wait for kJ funding maybe to late . My predict is Sgmd can raise enough money to close bizright
In the next 3 to 6 months but once again I just had this thought we truly don't know Sgmd leverage here so if they are all waiting on something like a plantation Corp then it's harder to answer but it would make sense why
kJ funding is there and there is no rush for the first deal to finish . Food for thought .

I know I may of Contradicted Myself a little . Smgd Has issuing out shares to bizright and made a payment of $ 800 k so most likely scenario is bizright will close first and soon . Giving Sgmd a higher stock price so they don't have to issue at more shares . The thing I'm sure it's not this month Bc Sgmd is selling to raise capital here and will take at least 2 months to 2 to 3 million . If bizright was about to close why all the selling here unless last Quarter they made a bigger payment To biz bringing the deal closer . Aug 15 will know more .

We know one thing biz needs to close for a higher stock price to put less pressure
On the deals and stock price that's the only thing we have going here to finish the
Deals sooner then later and the way kJ funding is structured they don't really get a choice.
The price they get in at is over a 10 day periods then another 10 period then the next and so on . Will they get a good price probably at the begin but not guaranteed at the end . Which will make it hard for them to sell into .
They also can buy on the open market instead of a secondary like structure .
So it's possible we can get buying from them Bc they do know how much jimmy needs for capital and
How much they are selling here .

Rmn



Rmn


Sgmd trades at 3 to 5x sales depending on sales this year . we are so close to fair value with zero speculation
We are def over sold .