Replies to post #10303 on Sugarmade Inc (SGMD)

[CannaBeast]

Complete utter nonsense!

4.1M FY17

30M+ FY19

15 months (FY ends June 30th) guidance to increase revs by a minimum of 700%

[x100xPercent]

A lot of people out there don't know what's coming, so they will probably sell the news. Too bad for them! I think the 8k was more of a legal thing, and possibly more like a courtesy to inform people of good things coming. I believe the Budlife product was officially released to them this morning, as they expected (Today is end of Q1). We don't know when sales will start, but most likely the product is in their control now and will be discussing it further than what was said on Facebook this morning. This is not a PnD stock, this is one of the rare ones that is a very good investment choice.

[akc232]

Bizright was given 200,000,000 of restricted common shares in lieu of initial payments of cash.

This was back on December 13, 2017. the Shares value at grant date was 16,800,000 which is around .08-.09 cents.

With current information I do expect the OS to be at 500M.


They have a max earn out of 450M as long as goals are reached @ 2.5M a month or 30M annualized. These shares wont hit till next year. These will be restricted common shares as well.

Bear in mind that we still have yet to see what Budlife will bring, as well as Siracha Stix and potential connection with NUGS and their HALO smoke filter plus other things in the works.

A company does not expand personnel and size for no reason. SGMD is and will continue to grow in a very infant stage market here in the US with more and more States legalizing. Also cant forget Canada.

$SGMD