Sugarmade Inc (SGMD)

[MallenNV]

$.008 will be on the asked buys with the bid set much lower.

If, and I say "IF" that happened just means Jimmy will issue more debt shares cheap and the debt investors will sell off the additional 10,000,000,000 authorized (above the other 10 billion sold) and dump them for $.008 for a nice $80,000,000 windfall.

And I keep saying it so maybe it sticks in. Even if the stock went to a level that has even 10% of SGMD holders to even see a break even or a slight profit, only a few may hit the bid to make that happen. As soon as 10 out of 1000's sell on the bid, the price will be moved back to a bid that will only offer losses.

This is set up to STOP anyone from making money other than those who set this scheme up. As normal some new posts are pumping it up and the sad part is retailers will end up with more losses.

If SGMD assets are so valuable as some say, all SGMD needed to do was get a loan against assets and with all the money they say they make, pay the loan and salaries that would have caused the shares to rise UP not DOWN. That is when Jimmy could have really made huge bank.

The problem is not running this as a business. It was set up to be run as a share selling scheme. Nothing more, and only then will people one day realize this is what the OTC is all about.