Sugarmade Inc (SGMD)

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LOL no he didn't. He doesn't know what happened. He's clueless just look at all his recent posts. Only myself and a small group of others know why that revenue was not in the 10-k last year, because we've been following the company for 3 years. I've even been to their office in Monrovia. The revenues WERE IN FACT being booked - in the books. That was not a lie. However, when it came audit time, the auditor would not allow the revenues to remain in the books because the deal was not finalized - they still owed BZRTH a sum of cash and the auditor said until that was done, they could not recognize the revenue as their own. It was what I call a roadblock, one of many the CEO hit. In other words, SGMD was a complete failure. I was upset when they ultimately cancelled the acquisition they worked on for 2 whole years, but now it seems the CEO made the best decision of his life switching to a simple business model where there's unexpected high demand. The past is the past, everyone must move forward - but this is not a scam and the CEO does not lie, he just made several forward looking statements in the past he thought were done deals. In fact some things he said have actually come to fruition - such as improving their accounting department. They used to be late an inaccurate all the time with their filings, now since early last year, they are on-time and accurate, maintaining their QB status.

This might be one of the most underestimated companies on the OTC - people think there is high risk but the way I see it, extremely low risk with very high reward.