Sugarmade Inc (SGMD)

[NoShells]

LISTING ON OTCMARKETS JUST CHANGED. I follow SGMD on OTCMARKETS.com and it has always showed VERIFIED PROFILE and TRANSFER AGENT VERIFIED. Today it just added PENNY STOCK EXEMPT. There definition listed is as follows.

"This security is exempt from the definition of a Penny Stock under SEC under Rule 240.3a51-1 because it meets one of the following tests: 1) A price of over $5 per share, 2) the issuer has Average Revenue of at least $6 million for the last 3 years, or 3) the issuer has Net Tangible Assets in excess of $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than 3 years."