Sugarmade Inc (SGMD)

[Michaelisme3]

Here's the thing that worries me here. The last financials that came out were not pretty, made the share price fall down to .01. Then suddenly we have this news come out about the BZRTH acquisition. How does a company with so little cash on hand acquire something that would bring in 30 something million a year? Seems like the only way would be to give tons and tons of shares away. That's what worries me about the chances for this stock to run big. Too many dang shares to dilute. Why else would we only go up a penny on such huge news?

(disclaimer, I'm not a basher. I own a bunch of stock here, I'm actually a bagholder from the last news released at the end of 2018)