Sugarmade Inc (SGMD)

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Suissac, Jimmy's BudCars revenue update for Apr/May/June is $1.16m..Assuming SGMD owns 40%, it appears that since SGMD is not a majority owner, then SGMD is not able to report BudCars ($460k) revenues in SGMD 10K due Sept30, although SGMD is able to report BudCars monies as an "Investment" entry...so far, $700K..And surely that will increase moving forward.

SGMD Q1 reported $462k revenue, the worst quarterly since 2014..By far..Imo, Carryout Q2 will be $600-850k, without PPE sales..

Jimmy did mention that PPE ordering ( beta?) gig started in March..After initial sales, confidence to get more involved..That's when Jimmy PRd May6 he had $10m in PPE orders ready to be filled..Jimmy also verbally stated in May podcast with BudCars Clint Walker that he hoped to capture up to $10m in PPE sales in next month or two..His words. Carryout had 51 days to "capture" PPE sales that would appear in Sept 10k filing..Certainly,one would think their will be a significant PPE revenue presence if Jimmy was on the up and up..

Posted earlier that I contacted several of Carryoutsuppies PPE producers for pricing, volume, delivery time..Their responses indicated they could promptly produce goods, and timely transport airfreight..IE..one of Carryoutsupplies vendors produces 500k kn95 and 300k 3ply masks daily..

Suissac, BudCars activity encouraging, but we do not know all the contract details..Remember BizRight? ..BudCars could be huge, but Jimmy's $10m PPE ain't no slouch..

Suissac, if SGMD not able to report their 40% BudCars revenues in Sept10k..and capturing up to $10m PPE by June30 didn't happen, I'm curious how you think market will respond toward Sept30 10k, especially with a fast growing O/S?

Would love for Jimmy to update PPE PR...and maybe you could enlighten us with some BudCars conversation? gltu/us buddy..:)