Sugarmade Inc (SGMD)

[MallenNV]

Besao, Also to point out, math can be powerful when you look at tickers.

Ticker DIDIY sold $19,000,000 in shares just Friday alone.Here is their data.

- $7.6 million debt, and the debt is increasing when it should be declining.

- No operations and the authorized and outstanding last updated in 2022. float and DTC data not available.

- Here is what I find when I do the math. The DIDIY shares are $3.80 Friday, they show they only have 300,000,000 outstanding.

- DIDIY has a share price of $3.80 and it says they’re market cap is $18.45 billion!!!! but the data below says they only have outstanding 301,452,592 shares.

The market cap is the share price x the outstanding $3.80 x 301,452,592 that comes to $1.2 billion market cap NOT $18 billion as posted.

The TA will calculate the TRUE market cap but what you see posted on the OTC is out dated (2021) That means the accurate $18,450,000,000 (billion) market cap divide my $3.80 per shares means the outstanding is really 4,868,421,052 (4.8 billion) shares not just 300,000,000 as posted.

They are selling debt probably cheap to unload the billions of shares before they are required to get current on the data but by then they will drop to the grays or just close up shop.

This data no one looks at. its shows the true picture of the problems with these stocks.