Replies to post #18372 on Sugarmade Inc (SGMD)

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03/20/18.."The Company is now recognizing revenue under this new agreement with the month of April expected to be the first full month of reporting. Sugarmade expects to see rapid growth in realized revenues throughout the June quarter and throughout fiscal 2018."
https://ih.advfn.com/stock-market/USOTC/sugarmade-inc-qb-SGMD/stock-news/76987830/offer-revenue-guidance-on-march-30th-for-rapid-can

*Jimmy stated SGMD was now recognizing BizRight revenue, he never indicated full BizRight recognition..The only "full" was in reference to the April full month of reporting..Pretty slick wording..:) ..imo, Jimmy knew from the get-go that SGMD would not be able to record full BizRight revenues under the existing agreement(s) meeting GAAP accounting standards..I only wish he had been transparent and articulated the situation to shareholders..

In the email response, Jimmy states and our ability to raise the funds required to fully close the deals and begin full revenue recognition" Sure sounds like SGMD won't achieve full BizRight revenue recognition until $6m raised and paid to BizRight..So far, $550,000..Jimmy has had 12 months to figure out a game plan to raise BizRight $6m..What's the plan Jimmy? gltu & the AirForce! Thx..:)