Reasonable Oct15 PR solution for Jimmy to breathe huge life into SGMD and offset the anticipated extended 10K filing disappointment ..Simultaneously:
1) Update Budcars Sacramento Aug/Sept sales numbers..Whatever they are! We understand 30% growth curve will fade, no problem, present numbers still exciting once confirmed.
2) Announce solid grand opening date of at least one LA Budcars locations..
3) Update Aug/Sept PPE sales..Reasonable to expect $1m/monthly given Jimmy announced July30 $886k PPE sales last several weeks and presently existing over $10m PPE orders in hand..Expectation and realization are two different things, but if Jimmy ain't presently meeting million dollar monthly PPE sales then something wrong imo.
4) Announce SGMD has engaged L&L CPAs to audit last year financials, and services retained moving forward..As Jimmy has most assuredly failed to pay audit fee for coming 10K financials.
5) PONY UP $525k AND EXERCISE BUDCARS 30% OPTION!! ..and put Budcars operations on SGMD books!!
Market reacted poorly to the LMK/SGMD Lower Lake CA lease agreement..and understandably so..Scratch the Grow PRs to add any MOJO value, certainly short term..Past time to open an LA Budcars hub given previous PR expectation..Budcars revenue updates always good, but folk want to see confirmation of BC revenue hitting SGMD books..Finally, an absolute SGMD exercises BC 30% option..imo, painfully obvious to marketplace Tiger Global Mgmt needs to highlight SGMD controlling interest and Budcars revenues indeed hitting SGMD books!
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