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Saturday, January 13, 2024 11:24:01 PM
SGD Holdings, LTD. has entered into the Medical/Recreational Cannabis Industry in the State of Colorado as a Lessor of property, property manager, and Consultant within the industry. The Company intends to expand this business model within this industry as business opportunities evolve whereby providing for the highest return to its shareholders.
https://www.otcmarkets.com/stock/SGDH/profile
The Company's existence is dependent upon advances from its affiliates, equity investments, loans from third
parties and accredited investors, and management's ability to develop profitable operations. Management
anticipates the Company will attain profitable status and improve its liquidity through the continued developing,
marketing, and selling of its products, and additional equity investments in the Company. The accompanying
financial statements do not include any adjustments that might result should the Company be unable to continue
as a going concern. In order to improve the Company's liquidity, the Company is actively pursuing additional
equity financing through discussions with investment bankers and private investors. There can be no assurance
the Company will be successful in its effort to secure additional equity financing. If operations and cash flows
continue to improve through these efforts, management believes that the Company can continue to operate and
achieve profitability. However, no assurance can be given that management's actions will result in profitable
operations or the resolution of its liquidity problems.
https://www.otcmarkets.com/otcapi/company/financial-report/389093/content
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