Followers | 26 |
Posts | 1418 |
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Alias Born | 01/28/2018 |
Saturday, February 13, 2021 7:12:44 PM
Could only raise 4.5 million . CAsh is a one off and one on . Sgmd has 4.5 million in cash now .
Jimmy can buyout budcars .
There is lot of noise on this board . For me it extremely simple .
Jimmy is not having a problem raising capital . 4.5 million this week .
And 2 million in convertibles
Last year which are the Activist or angel investors .
This is called the smart money . They don't give money unless they see the operation
And future game plans .the Angel investors here gave money last year
And lost all their money they invested . You would think they sell shares and walk away but
Instead they re-issued the debt and bought more . Why would they ? Number one they know
Cannabis is a hot sector And they know and seen Sgmd operations and want in .
You know you can call budcars . When you do they are very excited to open LA new location .
Why no mention of budcars in this acquistion . Well this is Sgmd 's deal not budcars .
Example IBM buys red hat . Then ibm buys another company . Rhat is never mention
In the next transition.
For me I will follow the money . Convertibles investors are the smart money .
Stop worrying about budcars . This is all Sgmd baby . Im betting the 2 locations
Are on hold Bc it impossible to get a new permit in LA , it takes time . jimmy found a company with a permit to deliver cannabis in LA . Yes Budcars are not part of this deal and no budcars will not be get rid of jimmy .
Jimmy financed budcars and made them millions .
Ask yourself this . What penny stock provides you with more clarity then Sgmd .
It's pennyland the regulations are so much different then the Nasdaq but Sgmd
Always fills 8k's for the last 18 months . Yes some info is veg . Hate to tell you
Lots of companies in the Nasdaq are veg but great companies to own.
7 business days left and we will get clarity on earnings
It's so hard to get rich being Negative!
Rmn
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