Sugarmade Inc (SGMD)

[x100xPercent]

Not entirely true.... it's really just one - CFGN. He has had endless shares to sell the past few weeks. The day he was absent completely we went up to .007, the run up before that we had very high volume to buy up his shares. Without high volume, I don't think we will be able to move up. Today random people sold and kicked the price down, then CFGN showed up at .0044 and we cleared him out once, but he showed up again at same price. I think the more shares he wants to sell the lower he will put his ask price after traders kick the price down. When we have more buying volume, he moves his price up. I think unfortunately the price will go into the 30's this week. I recommend not being all in at the moment, put some buy orders in at lower prices. Any news updates that may come out in the coming days/weeks probably won't be anything really great, next big thing to look forward to is the 10-k not due for 3 more months.