Wednesday, June 08, 2022 4:57:27 PM
1) If the price keeps declining and more shares are being traded it can only come from the company debt funding sources. No market maker will buy shares from retailers when they can buy them direct from debt holders for a fraction of the bid price. So forget about ever selling SGMD for a profit, ever.
2) With all the talk of criminals, felonies, the DOJ, Finra, SEC, crooked CEO's etc. One fact remains clear, the dump continues and no one is held accountable so all that chatter about anyone getting in trouble over this will not happen or it would have already been shut down. If they run another pump that will likely be their last one before the scheme is shut down (NOT by the DOJ or SEC) but those running the scheme so any warning to them about another pump is a moot point legally.
3) Even before any action is taken the scheme will be shut down and the ticker changed or closed up and all the players will vanish. The money is already off shore out of reach of the DOJ and they cant run around and round up all CEO's and debt investors and lock them up or the economy would suffer $100's of billions in ill gotten gains that makes it back to the economy.
4) Remember you have to have CONGRESS make rule changes and since they are in on it, nothing will change.
These are the solid facts on this and soon everyone here will be asking WHERE is the CEO and why won’t they answer the phone or emails. Same posts over and over, ticker after ticker. Not long after that, people posting here will find there is nothing to gain from this ticker or chat room and eventually just say OH WELL, well make it back on the next ticker and the cycle continues.
I made my points, I told my story, I posted what would, has and will happen. And you don’t need a crystal ball just common sense and to follow the events as they unfold.
I can’t say good luck to you all because not even luck will save this issue. Its run it’s course and is almost over. When no more new bees jump in, there is no reason to remain active on the OTC.
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