No one here is a Prophet to know the day and time. There are so many changing variables with trying to acquire companies and do business. If we knew the day and time an acquisition would go through or when a stock will go up or down, then it would not be investing. But, to say that a CEO of a company with millions of shares is actively trying to keep his share price worth $.028. I can not buy that argument. It defies logic. Trust me, Jimmy and others are working hard to make all of this happen so that he, the company, and we can make some money.
Investing in stocks is about risk, no matter if it is a penny stock or not. It does not matter if your company is on the NASDAQ or OTC PINK, its all risky. I hate to read about people trying to make it seem like just because it's a penny stock its risky. ALL stock trading is risky. Take TESLA's Stock. It's stock has tumbled from a high of $365.71 a few weeks ago to now at $178.91. It is still sinking. People are losing millions of dollars. Do you think Elon Musk wants that? Do you think he can control what the President does with a trade War? Do you think he can control consumers spending habit? Of course not. It's beyond his control. It's all unforeseen. SGMD is no different. It is just on a smaller scale.