Replies to post #21028 on Sugarmade Inc (SGMD)

[x100xPercent]

Yea I think the same. Hempistry is different because it's an investment, not acquisition.

[remember my name]

We don't need 100 percent to recognize rev .
The agreement if I remember correctly was 2 million
In cash and then 200 million shares issued .

That's enough to recognize 33 percent of Sgmd .

Picture you going half's on a boat or better yet you buy a shared condo.
Part of the year your partner and you rent out .
You get to recognize your portion of the deal.

Same with Sgmd the first part of the deal will be paid in full .
Which is at abt 33 percent . I'm expect at least 13 million for the 12 months going forward .


Rmn