Sugarmade Inc (SGMD)

[Andron]

It's FRAUD PAL!

When CEO says sold out of PPE Supplies, means, Money was given to SGMD. for the suppies
Where is the $? FRAUD!

When CEO Says Selling Restaurant Paper Products, at a Historical rate, because of Covid. Means Money was given to SGMD for products!
Where is the Money? FRAUD

When deals were made with other companies stating $30 million already on the Books! Where's the Money? FRAUD!

CEO States SGMD, Merged with top Companies in the Field, to make it a number one Company in Hemp, etc..To artificially increase Price of Stock. As soon as shares sold at High Price. There's no Deal! FRAUD!

CEO stateS SGMD ownS Budcars. SGMD doES not own Budcars! FRAUD

CEO ToutS Income earned from Budcars, as if it's PART OF SGMD!

SGMD HAS a tentative deal, with a Private Company, to possibly own 40%. if the Deal is ever finalized (doubtful). If not finalized, Have Nothing, BUt FRAUD!

SGMD presently has Nothing, but constant Debts, and FRAUD! & Fraudulent Statements.

These were not Projections, Estimates, or Dreams! They were Stated as Facts! people use these facts, to make decisions and Investments.

Tell your grade school stories to kindergarden Children. Not US Pal.

This is the US. It doesn't matter if it's OTC, Penny Stocks.or whether SEC does, or doesn't have requirements. The US Legal System does.

Luring, Fleecing Investors, by Fraudelent means, overstating, income, or totally misleading income received, is intent to defraud investors.

Your Constant Fairy Tales, about Imaginary income to bring in New Shareholders, is nothing but a PONZI Scheme!

Kindergarten Children might look at you wide eyed, and believe your ridiculous 11th Century explanations, & excuses. But not Adults in todays computer age, and definitely NOT THE LEGAL SYSTEM. Jails are Full of Scammers, Fraudsters selling stock under false pretenses, and people running PONZI schemes.

I suggest you stop trying to Justify the Fraud with your Dumb Pen Examples, and claims of "that's Penny Stocks", the Fraud "is all legal" nonsense, and suggest the CEO show where the money went, finalize Budcars deal, Bring down debt. Start producing something, that will generate approximately $100 million dollars, within 3 months, that He assured investors, was already on the Books, or he will Be in big trouble.