Sugarmade Inc (SGMD)

[x100xPercent]

Funny how last week all these new people showed up on this board trying to get people to buy, and there wasn't even any news at all. Company is sketchy to me now, it's too bad because it really seemed as if things were progressing and they finally achieved their goal. They even said so officially and projected uplisting to NASD as a result of their new revenues and assets.

Some investors here were already thinking they wouldn't believe anything the CEO said until they saw it.. but now.... omg now anything they say not only can we not believe it but it's more than likely to not come to fruition based on their track record. We cant even believe official filings! I had big plans for buying in big and making a lot of money, there was such promise with the low stock price and market cap vs the revenues they should have been proving next month, it would have separated them from the rest - now their goal is to be just like the rest, and most likely the stock price will behave, again, just like the rest - down down down. I'd give a 50% chance to see .002-.005 in the coming months. If dilution doesn't stop, it can go lower. If they fail the next business plan, it can be in trips by summer especially if the sector is in it's historic downtrend. If you are long here, don't stick around, if you think it's already as ugly as it's gonna get, think again and look for a company with a stock that has potential to spike up hard, and flip that stock.