AKC and others are correct. The pieces of this puzzle have been presented and now with Christopher H. Dieterich as independent director on board he will direct / assist Jimmy in putting it into one piece. Dietrich on paper at least has the credentials and exposure to marketplace to complete transactions and get funding. There are so many moving parts that SGMD needed a solid figure in place to be a driving force behind the scenes while keeping SGMD legally in correct lane. Tan stepping down means nothing but don’t be surprised if he does show up again as employee of one of the acquired company’s. There are also indirect links to Other cannibus company’s moving into Kentucky via K&J Funds LLC. IMO the intent is to wrap all pieces up at one time, make multiple filings simultaneously, and shortly thereafter see a merger of another like company to fend off bigger entities while gaining traction. MCOA???? Just a thought, not my first choice by far, but keep this in the background for now. Venture capitalist want ROI of 17-20% minimum or it’s not worth their time and money. Acquired company’s have duplicity in many functional areas and they will be eliminated quickly increasing bottom line. Acquired company’s also have pipeline of customers and target prospects waiting for product delivery. It’s supply and demand and those customers want one stop shopping. The driving force will be streamlined production capability to increase ROI. Again IMO, only IMO, the marketplace is changing so quickly that by year end 2019 SGMD will need to show annualized revenue figure of roughly $200 million to remain independent or be acquired. There is always an exit plan when venture capitalists are involved.
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