Sugarmade Inc (SGMD)

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Per July8 PR-"a pace lined up to close out September with annualized BudCars revenues running at or above $11 million"


https://ih.advfn.com/stock-market/USOTC/sugarmade-pk-SGMD/stock-news/82816448/sugarmade-announces-calendar-q3-budcars-sales-expe

So, per Jimmy, Budcars running $11m annualized right now, and that is why I'm fronting Jimmy to put up or shut up about Budcars 30% option..Budcars reportedly bringing in nearly $1m monthly..And Jimmy has earlier reported 48-50% gross profit margin and 19-20% net profit margin..

If profits not reinvested, SGMD could be netting $80k monthly on Sacramento alone..If Jimmy exercises the 30% option, that nets another $60k monthly just on Sacramento, and that doesn't include any continued growth or new Budcar hubs opening up...I don't see how Jimmy can dance around the 30% option any longer..I did notice the promo team has elevated Budcars language to "operational control" recently..:)..:)...everything but the real thing, and that is Budcars "controlling interest".

I suspect we find there are other obligations that need to be met beyond a simple $525k payment to exercise the 30% option agreement..gl