Sugarmade Inc (SGMD)

[x100xPercent]

Considering the price is so low, the company obviously did, but I don't believe it was their intention to make a statement just to benefit from share price. No matter what the price was, they were still going to need to dilute while they consulted professionals and made decisions regarding financing and their move forward. In fact the price might have actually gone lower and be lower than it is now if they hadn't kept us updated along the way. As I said before, I believe the worst is behind the company and shareholders, it's only a matter of time before a big move up when big money enters (IMO after said revenues are officially on paper in a 10q). It's all games until then, IMO, and everyone who invested at .10 will get their investment back and then some by holding on another 6 months to 1 year. Keep in mind many sgmd employees are down just the same.