"Mr. Jimmy Chan, CEO of Sugarmade and a director of Hempistry,"..Jimmy, your Linkedin Bio indicates you are Hempistry Chairman...and today's PR indicates a Director position..Certainly possible to be both..please elaborate..
"Last year, Sugarmade acquired an option to invest up to $1,000,000 in the Hempistry operation at a locked in 2018 level valuation"..suggests that the earlier PR statement that indicated SGMD has invested $1m in Hempistry has been walked back and SGMD has yet to invest any funds into Hempistry? If so, one would think Jimmy would have put out news that SGMD has "exercised" their Hempistry option..or at least "executed" the agreement..:)
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