Sugarmade Inc (SGMD)

[MallenNV]

It’s a penny stock . That’s a signal In it’s self .
Long shot from the beginning . Here a spin
On all everyone is saying . Convertible notes are not
Scam if the company has been selling for less then
Original purchased price . This happens all the time .
They are sold to investors , friends and even
Family members . They have the insider info
That we all wish we had . I grant you nothing looks good
Here but aren’t we due for a quarterly report today or tomorrow.
If sgmd produce 1.2 to 1.5 million in cannabis sales then
Sgmd has a shot to become a real company and have 8 million in sales
This year.

The above will never happen. Sorry to say.

Im not giving jimmy a pass but he does what he can to
Keep this company going without the SEC taking him down .
Right or wrong there is no other Way since it cannabis .
The whole industry is filled with people that have speculative past .

The SEC cant take him down if he did nothing illegal.

Sgmd is in LA where the Super Bowl was . They could of had
A great week that week . The one thing about sgmd is they have
Assets that I think total over 10 to 12 million .
Penny land are scams but jimmy for the last 1 1/2 years has
Been reporting to the SEC . SEC has been in his back
Yard for a long time . This gives me hope that they pull out
And make some money . Delivery has Advantages over retail stores
And are more profitable in the end . Less overhead and profits of about 10 percent

Selling shares has less overhead than the actual business and the profits are all 100% selling just shares compared to 10% selling actual products.


More on a deliver . Splitting the stock means not . It’s the same situation
Until they sell more shares . He will dilute the stock
But next month is the quarter he starts planting in April .
It’s do or die time .
Sgmd need Accelerated growth this report and don’t have time for another
Quarter .

The only thing SGMD will produce is more shares.