Replies to post #20204 on Sugarmade Inc (SGMD)

[1dmg1]

If the components involved satisfy consumer / corporate needs, obviously SGMD needs cash to survive. No brainer. Get dollars the bounce occurs. What my concern is and only mine, did Jimmy get played? Jimmy has no leverage now and if I’m a party of to be signed acquisition, why not wait it out and through joint efforts have hostile takeover. Or players involved take their shares and now have majority. But take one step back. If a cash rich player out there has been monitoring activity and feel components fit there expansion needs, then they drop $15-20 million and they run the show. These guys have an exit strategy and incentivized themselves. Let the playground fight begin. Shareholders won’t get bagged and PPS back to .40.

[GetRich902902]

Yes, it will rebound. I am hoping it will not go that low, but it may. There is a good chance that it will not because they are going to be doing this in 10 day cycles from what I understand. So there may be some time for the stock to recover. Also, they may finalize Hydro4less first since it's an all stock transaction and get some much needed revenue and a stock price bump. They could also have some Hempistry news somewhere in there that would definitely boost the stock. So, I think it will all work out in the end and it may not go down that far at all.