Sugarmade Inc (SGMD)

[MallenNV]

One thing to keep in mind.

If SGMG posts $5 million in debt, that does not mean that is all that can be raised on the debt conversion. The company debt is what the CEO can possibly make capped at that debt while the debt investors make much more.

If Jimmy ends up issuing all 20 billion shares for the total $5 million debt paid (To himself), the debt investors can sell the debt shares for what ever they want.

Once the shares are issued from Jimmy, Jimmy is out of the financial loop and has no responsibility to see to it the shares are not dumped cheap and kill the price.

If Jimmy makes $5 million and on average and the debt shares are sold for even $.005 for $100,000,000, Jimmy gets none of that cash. He only gets the debt payments that are far less then what the debt investors make or they would not pay down the debt.

It stings the retailers badly but this is how all this works and why. It’s about money not making a company succeed. Some keep saying do not give up on SGMD yet or that they will overcome the issues I post about. But the fact is, the issues you are seeing are the main part of the plan. Make money selling shares.

The more people believe in this company’s future success just proves SGMD's PR's are doing a great job as intended to attract investors and keep them believing what they are told to believe.

I still have that old bridge in Brooklyn for sale if anyone wants to buy it. CHEAP!