100% I actually agree with you with respect to next filing date for Q. SGMD will follow past history as it’s in their DNA. The revenue recognition began the day the contract was signed by both party’s and not a second sooner. The actual dollar amount will be interesting because investors don’t know at this juncture if business is cyclical , meaning relatively same dollars month over month, or is it sporadic in nature. Whatever the dollar amount is, SGMD will tout an increase of revenue qtr over qtr, year over year. However with all the associated costs of an acquisition the net to bottom line may very well show little or no increase. Naturally, the second qtr will reflect a different picture and position SGMD as ‘growth ‘ company because qtr over qtr and year over year percentages will sky rocket. Any filing will reflect this and media release will bang away at such an increase to draw new blood. Over the next couple of qtrs SGMD will need to show in financials ‘net’ increase to bottom line to attract any interest. IMO, until then the PPS will show little fluctuation from current levels. The next acquisition per Jimmy is around the corner and should be a no brainer if in fact the lines of communication have been left open over past year. The to be acquired is said to be profitable, and SGMD will be required to examine ‘audited’ financials from them. The new acquisition cannot be absorbed until then. The question becomes if to be acquired over past year has had sequential growth to bottom line and if so, what additional cost to SGMD. M&A is expensive process and market value of proposed acquisition could have increase dramatically. Assuming both party’s are actively talking and exchanging audited numbers, documents should be signed late 1st qtr 2020. Though I will catch a number of posters taking me to task on the following, I don’t see a RS occurring prior to second acquisition being recorded / finalized. Candidly, if and only if reported acquisitions are in fact being worked on in earnest, and assuming They are profitable as reported by Jimmy, a RS should be taken off the table. The impact of two new acquisitions that are profitable will take PPS vertical and quickly. Uplisting is expensive and Jimmy should take risk / reward scenario into account. Just because you desire to uplist isn’t always positive at this point in time. The PPS post RS is artificial and anyone doing due diligence will see right through it. The better path is to show steady profitable growth and develop a digest that attracts investors. Again, just my opinion.
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