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1dmg1

05/26/21 6:56 AM

#51330 RE: frontloading #51329

I would agree that if Lemon Glow details show up on financials with supported documentation, SGMD might actually become vertical and move into penny’s by year end 2021. I also think Jimmy disclosed to authorities more information than we see today as it pertains to removal of CE. It just wasn’t the mixed signals in PR’s that created the CE. Jimmy has someone (plural) helping him out behind the scenes as recent transactions and complexity is beyond his capability. There is a long list of old pals that have come and gone that are still behind the curtains. I missed the creation of a couple of shells and damn that makes sense. Regardless of partners, in the M&A business, you create shells so when the dust settles from numerous fragmented agreements, you have the ability to shift portions of said company underneath them and create subsidiaries of the mothership, keeping revenue streams separate and distinct. As time passes, the mothership can more readily dispose of those assets if there is a market for them. SGMD, in my opinion, must separate all revenue streams or lack thereof, so investors and shareholders can more readily see dilution costs tied directly to any one transaction. Perfect example would be Lemon Glow. Now Indigo (BudCars) is a bit of a wild card in the mix. The amount due Walker in the big picture to gain controlling interest is nominal. If the entity BudCars is really cash positive, all Jimmy does is find partner who supplies the small amount of cash and Jimmy uses cash flow to repay loan based upon current revenue stream over ‘x’ months. License in hand, no brainer. The only reason this has not occurred is that Indigo cannot produce clean financial (audited) to satisfy SEC requirements, or Walker has found a buyer for his percentage of ownership and that entity wants SGMD out. Again, assuming BudCars is cash positive without blind details unknown to us, exercise control of the asset, and if BudCars isn’t a fit for SGMD, spin it off to highest bidder.

Not2Wise

05/26/21 10:48 AM

#51335 RE: frontloading #51329

Do not forget that these same 2 guys sold another shell company to Lemon Grow as SGMD was acquiring Lemon Glow. Follow the money.
Unless plants go into the ground, SGMD is done.