Sugarmade Inc (SGMD)

[x100xPercent]

We don't know the reason for the rescission, but the company seems to think it's much better for them and for shareholders, at least that's what they're saying. For all we know BZRTH saw or experienced something they didn't like and suggested cancelling, not in favor for SGMD, who knows. But the share reduction is actually good at least in trader's eyes but now it could be another year or more before we see revenues over 10 million.

Here's my guess as to what will happen... the share price will slow drop to .01, followed by large dump of shares after it breaks under, followed by lots of buying back up to .013 or higher. If "big" news comes when price is under or around .01 we might skyrocket to .015 or .02. I don't think we will hold gains passed .02 until the company proves something.

Sonny if I were you I'd sell 1/2 or 3/4 of your shares and invest in another company. There's over 100 good OTC stocks to invest in that have come down in share price as much or more than sugarmade. My money is in one world pharma