Sugarmade Inc (SGMD)

[MallenNV]

Smoke and Mirrors my friend. Only 100 shares traded to give you that false data as if the stock is taking off.

When stock start to become stale before the dilution the company associates will buy $100 worth knowing no one will look at the volume trying to fool people into thinking they missed the boat.

Also they do that to move the shares UP higher before the debt dilution so when the stock tanks, investors can say what if it goes back to $1.92 and they buy more cheap diluted shares.

If a pump and dump started at $.01 and the priced dropped people won’t think it can go hither so they move the shares UP higher knowing people will buy more cheap shares thinking they will make that much more when it goes BACK to $1.92

The bid is only $1.18; if someone sells even one share the posted price will drop in half.

MJ

Cannabis is HERE TO STAY! It’s the pump and dump scams that are in free fall that is also passing that decline to legitimate cannabis companies. When the smoke clears cannabis companies will survive that are operational while the scams are cleared out.