ONE trick. Because the 40% affiliates are NOT public they are not under the SEC radar. And that means they can say what ever they want to SGMD and SGMD can post it as valid news and just say WELL THAT'S WHAT THEY WERE TOLD!
When SGMD said they had a $10 million PPE order years ago from a 3rd party, all the 3rd party company that ordered the $10,000,000 had to do is give SGMD a $10m check even though it would not clear, SGMD can say they GOT a sale for $10m. And the 3rd party was in on the scheme.
Then eventually the check bounces but they don't say that to investors. That's not SGMD's fault yet they used the sale news to pump and share price. NOW we have to assume the $70,000,000 is based on the NEW LOI from the seller not SGMD. SGMD can now say SWEET $70,000,000 Like they did with the $10,000,000 bounced check. Since the liability is on the seller the $70,000,000 is likely not even real.
If I owned a vacant lot worth $10,000 in Arizona and had plans to put up a huge office building for $10,000,000 and said to SGMD, Give me shares and ill give you a LOI saying the lands value is $10,000,000 and is UNDER construction (a shovel in the dirt on an empty lot) that constitutes under construction. SGMD can pump the news and say its what they were told. That is why they do not consolidate with these 3rd party schemes, because SGMD would have the fraud exposed and be liable. NOW they can just say, its what they were told.
Since the shares are not moving on the news and staying at $.0001. $.0002 and will never rise because they are just selling the shares to debt people so cheap maybe $.000001 that this will likely be the end. Same as with BRGO that has shares at $.000001 and with 6 billion in the float you can buy them all for $6000! Not bad from another Stinky pinky that said they do $10,000,000 annually and you can buy the float for $6000
NICE!
