Sugarmade Inc (SGMD)

[frontloading]

Here's fishy...

Oct12.."Today, I have good news: that expansion is officially underway. We are expanding BudCars initially into the North San Francisco Bay Area and the Wine Country Counties. That will be followed by our grand opening of BudCars Los Angeles, which we anticipate now will take place sometime in November."

What does "expansion is officially underway mean"..Is SGMD just now committing itself to the official Bay Area process? Are they acquiring existing operation or starting from scratch locating a facility..The 1st LA hub was supposedly weeks, then days away from grand opening starting in May..it is now 5 months later! And Jimmy (or Joel Noel?) pumped the 2nd LA hub opening was ahead of schedule...Huh?...and now we get news that LA won't open until after Bay Area hub opens..Jimmy has provided zero transparency as to what stage the Bay Area hub is..Gut feeling tells me they don't yet have a leased location..If it's taking 4ever to open just one of the two LA hubs, then I assume it might take 4ever and a day just to open Bay Area..Something is not right here, and Jimmy needs to fess up!