Sugarmade Inc (SGMD)

[x100xPercent]

Personally I am enjoying all the dilution here, as a bullish trader on the stock. It's so obvious to me everything that's going on here. IMO this is a good stock for both flippers and longs, as long as you are in under a penny. As Jimmy Chan said, the stock price will eventually reflect the company's true value. But right now there's too many notes and too much need for expansion. They are now making the right moves, but the past is still affecting the stock. Back to my original statement, the dilution to me is a good thing, because it only gives repeated opportunity to buy back shares at cheaper prices after selling at higher prices. The stock will continue to spike up with volume and continue to drop lower as long as there's dilution, but in the long term, I think 1 year or less, the dilution will stop completely and the price will be allowed to fly. People will not hold their shares long until there's reason to truly believe in a higher share price. Need proof in filings, long time to go before we see that.