Sugarmade Inc (SGMD)

[Inveigled]

Key phrase given in guidance. “We have an ambitious plan to create a viable path toward another major acquisition while extending our stepwise climb onto a major US exchange listing as we continue to expand operations in a rapidly growing market,” stated Jimmy Chan, CEO of Sugarmade. In my opinion SGMD will, in fact, trade on an alternate platform prior to uplisting to NASDQ. Albeit 1/300 RS has been highlighted I believe the pps will be considerably higher prior to the actual RS and consequently result in a much lower ratio than 300/1.