SHARES STRUCTURE-->
The reason for the common and preferred share structure is that preferred holders get assets or compensation before you all (The commoners) common stock.
If they plan to do what I posted with regards to a RM and cut the share structure.
As I have said they probably WON’T kill your shares in the RM because they need you all to move to the new entity (And you all will) to buy the NEW HOT TO THE MOON PUMP!
The preferred shareholders allow the new shares to be issued in abundance as compensation for inside investing into SGMD.
I still see a 10,000/1 reverse on all shares, then once done the new ticker and shares will have the AS increased to 10,000,000,000 then they will issue boatloads of shares to preferred holders as compensation and NOT to commoners.
They will sell on new hype, the new budcars stock at $3 but again your 10,000/1 means if you invested $1000 at even $.10 cents per share (For 10,000 shares) you will then have only 1 share and if you spent $1000 at even $.002 per share (For 500,000 shares) you would then have 50 shares.
The price would FORCE you to buy more to cost average even at $3 (And you will). The problem for the stock is the preferred are owed something while you commoners are not. They will use the 10,000,000,000 and issue to preferred people a boatload of shares and accumulate more debt. The pump will start and shares will sell just like SGMD did when they were $2 per share on down to $.0001 on debt conversion rules set forth by congress.
The preferred that now own boatloads of the new ticker will exchange debt for shares and so the new ticker will commence on dumping and diluting the next stock and again YOU ALL WILL BUY MORE and MORE to cost average.
I think you all can’t help yourselves BUT to be honest, Ill short the stock to you all for $3 on down to $.10, take your money and in a month or two close out the short and just buy back the shares directly from the company for $.05 and deposit them into your accounts and pocket the difference.
This SGMD has run its course, its time to regroup, RM and issue new ticker and shares. You all think if there is some buy out or merger you will benefit. That is completely wrong unless you own preferred shares.
I am sure a buy out INTENT PR will be released that say’s “we likely won’t be bought out” in the small print. But you all read it as WE ARE BEING BOUGHT OUT!
They don’t care about the commoners and their $100 buy-ins or $1500 cost averages. That’s like asking a famous poker player who plays for $10,000,000 to go to a game at a college dorm where the anti is $1.
You can all make up things about what is about to happen but put yourself in others shoes. This is about MONEY not marijuana or delivering or PPEs or anything else other then MONEY!
The more you invest the more shares they will sell. A RM into budcars with new ticker and share price and you all will say IM INTO THIS, THIS FAR better keep going.
The hardest part is admitting defeat so you all will keep going believing it will work just to stop from saying OK I lost, move on, you will say I have to see this through.
And of course cost average your position.
That is why OTCs pump and dump, It’s just too predictable and the status quo and there is just too much money to be made on intent then reality.
