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Tuesday, July 13, 2021 10:47:56 AM
SGMD is similar to a broken dam that never gets fixed. When the shares are all sold the market will be flooded with billions in the float just like the town below that was flooded with billions of gallons of water and left in ruins.
When that happens the shares will trade as slow as the once mighty dam that generated power to a town below becomes a trickling stream.
The diluted shares will not be able to support a price just like the broken dam can no longer support water and the investors will also be left in ruins.
There was no reason to dilute the shares. They had the capital from the initial 200,000,000 dump at $.12-$.18 ($30,000,000) to do what they said they would do.
The only reason for the dilution was to make money from selling shares with no concern the dam was about to bust.
:)
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