Sugarmade Inc (SGMD)

[Rat Fink]

Front, but SGMD 1:300 reverse split ahead: https://www.otcmarkets.com/filing/conv_pdf?id=13746895&guid=Qe1vUn4B4DJH0yh

Page 3 of https://www.otcmarkets.com/filing/conv_pdf?id=13746895&guid=Qe1vUn4B4DJH0yh
Quote:
On November 13, 2019, the Board of Directors of Sugarmade, Inc. (the “Company” or “Registrant”) unanimously authorized and approved a reverse split of the
issued and outstanding shares of the Company’s common stock, par value $.001 (the “Shares” or “Common Stock”), including Shares of Common Stock reserved
for issuance, in a ratio to be determined by the Registrant’s Board of Directors, not to exceed one for three hundred (1:300) basis (the “Reverse Split”)



Historically, after a penny stock goes through a "reverse split", the stock price goes down.