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Friday, August 02, 2019 12:15:21 PM
And now kj sold and 35 more million diluted the stock . Sgmd probably sold
Too. Next 10 days they can only raise about $100k but Sgmd probably raised 100k or so .
So in one month in a week they raise $600k to $650k total raised. When I do the math We have about 2 months
To go.
Remember for the real money to be made kJ wants about 40 to 50 million share as the share count goes up. This will take time and remember kJ know what's going on. It's a easy investment for kJ .
In the end kJ is looking . 40 cents to 50 cents or higher ....... now for Sgmd to recognize some revenue (30 percent of biz abt 13 million ) I'm betting the full 2 million is needed.
We are getting very close .
Any recognized rev gets Sgmd stock much higher. At 10 cents on rev of
13 to 15 million is about 4 x sales. Stock goes higher and we should have no problem
Hitting 8 to 12 x sales .
Now Sgmd sells more shares to kJ . Let say 10 cents with 20 million shares Sgmd raises 2 million.
Now they start to recognize 60 percent of biz . Now Sgmd is at 10 cent is 2 x sales .
Aug 15 could have more info
I'm betting on significant news after aug 15 .
Or even sep15 as kJ wants more shares to hold .
I do believe kJ funding did sell the first round but the
Deal is design for kJ to hold much longer .
They will not sell ever round . I'm 100 percent sure of that .
Anyway thanks for point out the 5 percent they are allowed to
Hold at any one time and thanks for the work you done on this
Board. You always make me think twice .
Rmn
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