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Alias Born | 12/22/2010 |
Monday, September 21, 2020 2:12:28 AM
Carryoutsupplies Quarterly paper product revenues $400-600k,imo.
Carryoutsupplies PPE sales $100-200k? ..May6 Jimmy announced $10m in PPE orders received..July1 Jimmy announces $886k PPE sales "in last few weeks"...suggesting the bulk of PPE sales get reported not this reporting period,but next.
IMO, zero Budcars revenues reported..Curious how much the Budcars $700k investment entry expands this Q, especially with the Quarterly dilution that took place.. Jimmy will 8k ASAP the 30% option if it occurs..Early on, Jimmy stated Budcars net profits 19-20%..And if recall correctly, even if SGMD were to incorporate into financials the 3 month Q gross sales at approx $1m, we "work with" $200k net profit...and 40% SGMD interest equates to only $80k profit..
Speculate Q revenues at $500-800k...and annual revenues at $2.4-2.7m...down significantly from 2019 $4.3m.
A lot rides on exercising Budcars 30% option..Unfortunately, Jimmy likely did not pony up $50-60k for annual audit...which is of high value to me if Jimmy planned on exercising Budcars 30% option anytime soon..Want to keep those BC revenues "honest".
Good news is Jimmy has a knack to release a pleasant,but short lived PR surprise in this scenario..My guess LA opening and/or cultivation facility news to ease the present pain :).. glta
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