Replies to post #17119 on Sugarmade Inc (SGMD)

[remember my name]

Issuing out shares is the easy part . We went from 260 million to over 640 million
Shares . So plenty of shares to issue out . The cash comes from a secondary offering which would be
Restricted for one year . Last year they offered 12 cents at a Minimum $ 50k to sleek .sleek did not want to lock his money up at that time . The stock was at around
16 or 17 cents when they offered it to sleek........
The stock was around 12 cents when 350 million extra shares hit the market for Sgmd .
200 million issued for bizright . If they offer shares at 6 cent let's say when it was at 11 or 12 cents . They will
have to do a secondary offer of 100million shares to raise 6 million dollars . Restricted for 1 year .

Hope this answers your question !

Rmn

[remember my name]

Front remember jimmy could of started his own hydroponics
I believe he has the connections in China .
CEO like to win . Hydro and budlife are to winners
I believe Sgmd is super busy or a quiet period from budlife or both
Jimmy has clarified in the last PR things are pending .
I believe feb 15 will get more clarity !bc jimmy needs a higher stock price for his next secondary offering with sky and hydro4. . Acquisitions can
Be complex depending on the promises like 6 million
And 200 million in shares at 8 cents .
Novermber was the first time we seen a share increase .
I think jimmy is learning as we go and to fast to speak
Which is another reason your not hearing from him .
Did anyone call bizright ? Does anyone live in southern Cali to visit
Sgmd ??

Maybe a easy way to find out things