Sugarmade Inc (SGMD)

[x100xPercent]

The O/S is 845 million as of 3 weeks ago, market cap 2.5 million. This is a very low market cap. Even if O/S increases 10% every month, the market cap at current price will only be 3-4 million in several months if price stays here. Still low for a company making 10-30 million in annual revenues and profitable. This is a good buy. The problem is there isn't enough interest yet to bring the price up and hold gains. Yes the company does not have a good reputation, I myself was very upset with this company after they cancelled their plan they worked on for 2 years. However, they are in a profitable, and simple business now of selling/ delivering product, and the timing of their decision turns out to be excellent with the massive increased demand for cannabis. As they expand, they will get new customers every day and many of those customers will continue to order product for delivery for years to come - coronavirus isn't going away. We will be social distancing for at least a year or two until we have defeated the virus through immunity and treatments. This company is now on a better path and their revenue predictions should be true. Just need the proof in the filings to gain real investors and have some real price gains. For now it's a game/gamble in the short term.