Sugarmade Inc (SGMD)

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true..last Q confirms a $700k investment during the 3months, all indications BudCars..

My problem with the 40% is accounting for BudCars revenue..It appears that SGMD would need 51% to report BudCars revenue in financials, although SGMD is able to report BudCars assets at 40%...but idk how market will respond to the pumped BudCars millions and they dont show up in SGMD financials revenue column..??..Big difference reporting multi millions in Bud revenues vs couple mil in assets..When you get a chance research revenue accounting for public companies that own less than 50% of a subsidiary..Welcome any CPA input.

Now, we understand there is an option to acquire another 30% BudCars for SGMD controlling interest, but we have no idea when and what those terms are..Maybe SGMD has to meet the 3-4 location expansion prior to exercising option? idk..That would be real transparancy on Jimmy's part to 8k contract terms verbatim, like pal Simon did with NUGSFarm contract..

How long will it take for SGMD to exercise 30% option, if ever? BudCars could do $25m, but at 40% i am not sure GAAP accounting allows SGMD to report Bud revenues..??..Not pumping, nor bashing..just want to see Bud revenues in da' revenue column..:) And that's why i want Jimmy to update Carryoutsupplies PPE sales..If his $10m PPE order on the up and up, and remote chance of 1-2 month horizon..then they hit SGMD revenue column fo' shizzle in upcoming 10k..