Sugarmade Inc (SGMD)

[frontloading]

Per 5/11 PR..."Right off the bat, we implemented a new point of sales software system," said Chan". (Budcars Chan/Walker Stock Day Broadcast)

Per 7/01 PR...Budcars "Total June BudCars Sales of $502,903, representing 36% month-over-month Sales growth"

Jimmy then "corrected" the 14% error:
Per 7/23 8k...Budcars "approximately $440,000 for the month of June 2020"..

So, Jimmy implements a new Budcars POS system right off the bat..One would think it would accurately report daily,weekly,monthly sales with ease..??..This ain't Jimmy's first rodeo..Been recording Carryoutsupplies millions for years.

Here's the rub..Since Jimmy recently revised the June Budcars revenue to $440k, and SGMD just reported $662,836 per Aug6 PR..then how in the hell does this crew (Chan/INN/Tiger) come up with the PR'd 32% monthly top line revenue gains? Sure looks like a 50% monthly revenue gainer, NOT 32%!! If accurate, Jimmy should have been pounding the table pumping a surprisingly terrific 50% monthly gain for shareholders..Obviously, "the Crew", including the (PR) quoted CEO, completely disregarded the 7/23 revised June $440k number and irresponsibly based the 32% June increase on the 7/01 inaccurate $503k..

Now, was it a 50% gain...or a 32% gain Jimmy? Because at 50%, we missed some good top line monthly (breakout) growth PR pumping opportunity beyond the previous 30% narrative! Sadly, I think (typical) Jimmy simply revises that $662,836 in a future 8k..

GET YOUR CHIT TOGETHER SGMD PR OPERATIVES! Zero excuse for this lackadaisical,irresponsible and downright shoddy PR effort..