Sugarmade Inc (SGMD)

[1dmg1]

Suissac I read your posts and appreciate your voicing of concerns and potential litigation vs SGMD. Safe to say, probably 95% of us have taken a big hit. Anyone who has read my posts understand I think Jimmy is woefully unprepared to lead any company in a good day. But Jimmy is smart enough (forgive me for using Jimmy and smart in same sentence) to use wording that gives him escape hatch every time. Perfect example is in your post where Jimmy uses ‘expecting’. Delivery from wherever is subject to logistics and expected delivery date. We have no idea as to set up time and obviously there has to be test run. Done by this Friday? I doubt it and who would pay SGMD ahead of time without seeing goods and displayed execution. No one. In other matters Jimmy, from legal standpoint, even as much as we all know it’s BS, litigation to prove Jimmy intentionally mislead shareholders is slippery slope. He would receive interrogatory asking to answer questions. He would simply state based on information he had at ‘x’ time that projections given were accurate. Then you have the rule of substance which is just reporting ‘y’ from which to be acquired said was accurate. Our intense feeling of being taken doesn’t fly in court. He is guilty of BS but the clown has an out. Some say liquidation is answer. Not so. There are no assets so to speak and even if there was, shareholders get paid last. Demand we can, but we get zip. I would expect a mountain of crap this week sometime and who knows. Every time he runs into brick wall the flavor changes. Lol. Disgusting scenario. At current levels all we can do is hang on.