Sugarmade Inc (SGMD)

[MallenNV]

Posting revenue is the same as me owning a lemonade stand but saying that Minute Maid makes $5 billion in sales. SO I go out and buy 10 shares of stock and say I OWN part of minute maid and they did $5 billion in sales. So SURE Jimmy can say BC did $$$$XXXX and that they own part of it. It does not mean SGMD made money and they are not saying SGMD makes money from BC.

It's an illusion. to set up the next ticker when SGMD RM.


SGMD is just excited they own 40% of another company that makes money (or so they say) but by no means do they say SGMD gets the money. And saying that is NOT illegal.

If I owed a public company and used $20,000 to buy one share of Amazon, one share of Apple, Tesla etc etc. then say WE are a holding company that owns positions in those companies with the combined revenue well over $50 billions it looks like IM doing great when im just sitting in the basement selling my shares for $.10 and dumping 100s of millions based on that news that is TRUE just has no bearing on the public company I would own.