Replies to post #17471 on Sugarmade Inc (SGMD)

[remember my name]

Do you mean price to sales . The cannabis industry is around 7 x sales to 30 x and higher depending on how much millions The company brings in and the potential . $80 million and up is 30x and higher.
That means the institutions are in Bc they have time to wait.
Sgmd May fall into the same category Once rev is recognized .
Right now we are at 1 x sales at 6 cents .
So you can figure out we can be at 42 cents if one deal gets done . It may take a few more months here
To get there Bc these deals were not cut and dry . Since 3 companies want in
I have to believe the deal is already done and we are waiting on when not if . Shares are issued out to someone
And I have to believe they were issued out to bizright .
Friday I called bizright online service and I started asking questions she did not know much so
She gave me the email to Sgmd to contact them direct .
She said all questions that I have I can email Sgmd . This I already knew
But what is most important here is bizright and Sgmd are acting together .

Remember my name