Sugarmade Inc (SGMD)

[MallenNV]

If SGMD goes back to $.01 on the bid, there will be 8,000,000,000 shares owned by 1000's of people. Those people will all try and sell for $.01 that in total comes to $80,000,000

You think the Market Makers are really going to shell out $80 million for those shares?

That is called reverse dilution also known as a reverse dump. The same way a stock tanks by a pump and dump dilution is the same reason the bid price will drop on the massive sell orders.

REVERSE DILUTION and the price will drop below $.0001 with NO sell orders for $.01 being filled and the MM's drop the price before filling a sell order.

The MM's will have a bid amount of only 1,000,000 at $.01 that comes to only $10,000 and once that is filled, they will drop the bid right back to $.0001 (If they even let the sell order be placed)

I cannot believe how investors believe that it will go to $.01 and even if it did, they would all be able to sell them to the Market Makers for $80,000,000.. GEEZE!

Even if one person were able to sell at $.01, the Market Makers will make the shares to buy on the bid so low, no one will make any money even selling at $.05.

And the MM's would likely cancel the sell order at $.05 or $.01 and put the bid at $.0001.

The higher the price goes, the less the MM's will want to buy. If they even went back to $.10 the MM's will only offer to buy 100 shares. At $1 they may put a buy order for only 1 share but it will cost you $5 for the fee.

HIGH FINANCE!