Replies to post #34031 on Sugarmade Inc (SGMD)

[Inveigled]

Are they to hold the purchase orders waiting for free cash flow to fund them? Do you actually believe that the 2019 revenue stream of +$4m is enough to fund $10m of current purchase orders? Don't you think that much of their cash was used to fund the first 40% purchase of BudCars and to acquire the other 30% needs cash? Don't you think that expanding RIGHT NOW in light of the current environment is prudent and requires cash to do so? Don't you think that the margin run-off of the extra 30% of BudCars would be beneficial to shareholder value in the future? Please check the batteries in the calculator you're using to come to the "does't add up" result you are getting.

[fat_tire]

Don’t believe the revenue reports until you see it on the 10Q IMO!

$SGMD VERY LONG!!