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12/11/18 11:27 PM

#16342 RE: CBDmogul #16331


"A huge success for Hempistry and Sugarmade"

https://m.facebook.com/story.php?story_fbid=2135329143196822&id=290863730976715&anchor_composer=false

"expanding 5x..10x? on 8/21 SGMD released up to $1m Hempistry commitment..Also stated present 100 acres planted and signed agreement for 23k acres more..."Hempistry has already begun planting and has signed an agreement reserving up to 23,000 acres of prime Kentucky farmland for its exclusive use for hemp cultivation".

https://ih.advfn.com/stock-market/USOTC/sugarmade-inc-qb-SGMD/stock-news/78110786/sugarmade-launchs-industrial-hemp-and-cbd-initiati

*Encourage SGMD to define just what a huge success for Hempistry and SGMD means.
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12/11/18 11:58 PM

#16343 RE: CBDmogul #16331

I've reached out twice to SGMD (and once to Hempistry) to confirm the Hempistry 23k acres signed agreement as mentioned in the 8/21 PR..Enormous potential, but "devil advocate" in me concerned by the extra "O" typo error in 8/21 PR and SGMD quickly released a following 8k amending the $1,0000,000 number to $1,000,000...some thought initially a possible $10m investment..


Per 8/22 8k..."The press release announcement was an inadvertent error with regards to the amount of money the Company is committing. The press release indicated an amount (that can be construed) as ten million dollars ($1,0000,000). The amount the Company is committing in capital to Hempistry, Inc. is one million dollars ($1,000,000) in capital over the next twelve (12) months." ..https://ih.advfn.com/stock-market/USOTC/sugarmade-inc-qb-SGMD/stock-news/78119557/current-report-filing-8-k


.I just want to make sure that there wasn't another "O" error in news release regarding 23k acres agreement...is agreement possibly referring to 2300 acres that are available in adjoining Carlisle County, one hour from Hempistry grow..http://www.wkms.org/post/kings-royal-biotech-break-ground-hemp-factory-carlisle-county#stream/0

Kings Royal Biotech had a ground breaking ceremony for a $30m processing plant not far from Hempistry...then it fell through and no news about the secured farmers.. "Kings Royal says they have secured farmers to plant and harvest 2,300 acres of hemp."...I just don't want another surprise with the "O"..