Mattie, You are also failing to understand that all the debt, shares, loans etc. are all part of the scheme, the debt holder is created to justify the debt conversion of restricted shares into free trading diluted shares.
All the data you read about including all the convertible note holders and shares this and shares that is not real. It is just the way they create fake debt and also make sure the debt is owned by them through 3rd parties.
Believing in all that merger, loan, debt, convertible, shares for money PR is the same intent PR that got everyone in this mess to begin with.
If Jimmy had VALID debt of let say $2,000,000 that is owed to a valid company for products. Why on earth would he issue 100,000,000 shares for $20,000 and dilute the float and kill the share price?
Because the debt is not valid, it is in a way owed to him thru those 3rd party associates. That way when the debt is paid, the $2,000,000 goes back to Jimmy not a valid debt holder.
Why would ANY CEO kill the share price and ruin the company just to pay down debt? And the way they are paying down the debt hurts Jimmy and SGMD not help them because of the fact they own the debt themselves and he’s taking the debt payments.
If SGMD owed $2,000,000 in debt, they could have easily paid the debt off by the sales they claimed or the $10 mil PPE order or all the other money making mergers and partners they said was a cash cow. The proof this is a debt-selling scheme is that the debt is being paid off by dilution debt rather than making payments from sales proves they have NO sales and created false debt.
Why would Jimmy kill the company and also allow the debt investors to make $50,000,000 or more? Because he needed them to pay the fake debt that is owned by Jimmy so Jimmy can get some of that fat cash ($2,000,000). And those running the scheme work with market makers, brokers and pumpers that Jimmy would otherwise no have access to. The debt investors pay the pumpers and market makers out of their cut of the debt dilution dump.
The reason why those who run the schemes do not get arrested is:
a) They have no association legally with the ticker so they can't be charged with a crime.
b) They did get in trouble and paid a fine in exchange for NO charges.
YES the SEC if they have enough evidence to send over charges to the FBI they will tell the scheme to pay a fine instead and also that the CEO cannot be part of a public company for 5 years. Big deal, the schemes just fined a new patsy CEO and there are plenty.
If the schemers mess up and cause a DOJ issue, they are happy to pay a fine and when they do there is NO DOJ records because no charges were filed. Pay to play sound like but it's TRUE!
Also the fines are not as much as people think. A fine can be $100,000 even if they diluted $50,000,000. Not a bad price to pay to be able to do this indefinitely.
:)
