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Re: Rat Fink post# 44668

Wednesday, 08/19/2020 8:39:38 PM

Wednesday, August 19, 2020 8:39:38 PM

Post# of 53172
I just hope Jimmy pulls the trigger and "budgets" another 440M CD shares (includes 50% discount to CD holder) and ponies up $525k to exercise 30% option and then reportedly owns 70% Budcars controlling interest..Seems like the best dilution move at this time if BC for real..And imo,that controlling interest confidence would spike SGMD prices rather quickly..SGMD has 36 months to exercise Budcars 30% controlling option..Let's shorten it and place the LA two Budcar hubs "extra" 30% revenues..and hopefully profits..into SGMD hands. ..Surely, Jimmy has no intention of slow walking the 36 month option..Right Jimmy??

"Come on man"..:) If Budcars has 46% gross margins...and one LA hub potentially does $20/25m annualized, then two do $40/50m, and add another $15/20m for Sacramento, then why forego that 30% potential with Clint Walker for measly $525K..which amounts to a reasonable 440m share dilution?

Sure would like to see the Budcars transparency and review "final" agreement as an 8k material exhibit to get a better understanding of the deal.