Replies to post #20448 on Sugarmade Inc (SGMD)

[Moeclay]

If you take the volume for the past 3 days and multiply that by the average 3 day stock price, that's less than $500,000. That tells me that it's the company selling shares. OTC should update OS by the end of the month (unless a new filing comes out before then with an updated OS). Right now there are 692 mil outstanding (per S1). Next update, OS will be higher.