For the most part I totally agree. The low guidance number is just a number. If Jimmy had said $30 million a couple of months ago and shut up, everyone here would have been happy. But the realization is that in short order, he has started to surround himself with a management team, audit firm, and most likely retained legal, that is reining his ego in somewhat. The lower number also provides a greater margin for error than if he provided guidance at $45 million. Now the story of SGMD can unfold in more controlled fashion, and growth displayed incrementally with audited financials, signed agreements, and PR's that don't over promise. The drop in PPS shouldn't have shocked anyone. MM's are stock piling shares and shorts covered their asses. In the back of my weak mind, and I know I will be the Lone Ranger here, the drop is beneficial to SGMD. I suspect pending infusion of capital is tied into the PPS during 'X' period, and if you have to give shares away, it's cheaper at current levels than at .40 or higher. IF SGMD does in fact have the proper product mix and ability to execute signed agreements, those who remain long and patient will be rewarded handsomely. As stated josbor8, it's time to demonstrate incremental growth with properly stated / audited quarterlies. SGMD has to walk before it runs.
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