SGMD Sugarmade
Sugarmade Inc. (hereinafter referred to as “we”, “us” or “the/our Company”) is a publicly traded company incorporated in the state of Delaware. Our previous legal name was Diversified Opportunities Inc. Our Company primarily operates through our subsidiary, Sugarmade Inc., a California corporation (“SWC Group Inc., - CA”). We are headquartered in Monrovia, California, a suburb of Los Angeles, with an additional warehouse location in Southern California. As of date of this filing, we employ 21 full and part-time workers and contractors.
Company profile
Ticker
SGMD
Exchange
Website
CEO
Jimmy Chan
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Veritiv ...
Former names
Diversified Opportunities, Inc., ENLIGHTEN SOFTWARE SOLUTIONS INC, SOFTWARE PROFESSIONALS INC
SEC CIK
Corporate docs
IRS number
943008888
SGMD stock data
()
Press releases
Investment data
Securities sold
Number of investors
Calendar
22 Feb 21
17 Apr 21
30 Jun 21
Financial summary
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Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Diluted EPS |
Annual (USD) |
Jun 20 | Jun 19 | Jun 18 | Jun 17 | |
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Diluted EPS |
Financial data from Sugarmade earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 360.55K | 360.55K | 360.55K | 360.55K | 360.55K | 360.55K |
Cash burn (monthly) | 106.85K | (positive/no burn) | 192.19K | 474.98K | 245.95K | 169.14K |
Cash used (since last report) | 380.84K | n/a | 685.05K | 1.69M | 876.66K | 602.86K |
Cash remaining | -20.29K | n/a | -324.5K | -1.33M | -516.11K | -242.31K |
Runway (months of cash) | -0.2 | n/a | -1.7 | -2.8 | -2.1 | -1.4 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Oct 19 | Chenlong Tan | Class B Convertible Preferred Stock | Grant | Aquire A | No | No | 9.19 | 294,448 | 2.71M | 294,448 |
31 Oct 19 | Allan James Huang | Class B Convertible Preferred Stock | Grant | Aquire A | No | No | 9.19 | 294,448 | 2.71M | 294,448 |
31 Oct 19 | Jimmy Chan | Class B Convertible Preferred | Grant | Aquire A | No | No | 9.19 | 373,500 | 3.43M | 373,500 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
0.0% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 1 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares |
Current |
---|---|
Total value | 0 |
Total shares | 350K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners |
Shares | Value |
---|---|---|
Tradition Wealth Management | 350K | $0 |
Financial report summary
?Management Discussion
- For the three months ended December 31, 2020 and 2019, revenues were $300,652 and $720,810, respectively. The decrease was primarily due to the loss of control of Indigo.
Content analysis
?
Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
New words:
adherence, affiliate, alternative, Arcview, Asian, automatically, Avenue, back, BDS, billion, black, Bud, buy, Carryout, compounded, compressed, crackdown, deconsolidated, deconsolidation, defensible, Department, digital, discretion, driven, economy, emergence, enforcement, expansion, face, flawed, footnote, formal, Fortune, gave, heavily, Hedging, home, illegal, illicit, increasingly, inexpensive, interaction, introducing, larger, largest, local, Lynwood, maximum, moment, monitor, movement, moving, municipal, negotiate, niche, ninety, nonconsolidated, noncontrolling, Nug, occupy, OTC, outbreak, partnership, past, posted, preceding, proliferating, quotation, radical, realigning, reduction, refusal, relying, representing, Research, responding, restructured, ROI, Rush, seizing, seventy, shift, single, sixty, social, strength, strict, strong, subscription, Sugar, supplemental, symbol, system, top, trend, unlicensed, unrest, unsuccessful, urge, viewable, white, world
Removed:
agreeing, assigned, attributable, bizright, BZRTH, calibration, CEO, Certification, chairman, closed, consideration, cultivation, Description, document, electronic, environmental, exchanged, exclusive, Extension, filing, grow, HPS, hydroponic, ineffective, Instance, Label, lawsuit, leading, Linkbase, LLC, manufacturer, marketer, master, mutual, nutrient, pH, range, rescind, rescission, Schema, storage, Taxonomy, XBRL
Financial reports
10-Q
2021 Q2
Quarterly report
22 Feb 21
NT 10-Q
Notice of late quarterly filing
16 Feb 21
10-Q
2021 Q1
Quarterly report
23 Nov 20
NT 10-Q
Notice of late quarterly filing
16 Nov 20
10-K
2020 FY
Annual report
16 Oct 20
NT 10-K
Notice of late annual filing
28 Sep 20
10-Q
2019 Q3
Quarterly report
20 May 20
NT 10-Q
Notice of late quarterly filing
15 May 20
10-Q
2020 Q2
Quarterly report
19 Feb 20
NT 10-Q
Notice of late quarterly filing
14 Feb 20
Current reports
8-K
Other Events
1 Apr 21
8-K
Sugarmade Issues Corporate Update
25 Mar 21
8-K
Unregistered Sales of Equity Securities
10 Mar 21
8-K
Sugarmade Closes Definitive Agreement to Acquire Majority Stake in Nug Avenue - Entering the Hyper-Growth Los Angeles Cannabis Delivery Market
12 Feb 21
8-K
Amendments to Articles of Incorporation or Bylaws
22 Jan 21
8-K
Sugarmade Issues Letter to Shareholders on Verticalization, Expansion, and the Path Ahead in 2021
7 Jan 21
8-K/A
Other Events
30 Nov 20
8-K
Sugarmade Announces Analysis of BudCars’ Marketing Activities and Expenditures Ahead of Planned BudCars Expansion
5 Nov 20
8-K
Sugarmade Issues Letter to Shareholders on Coming Expansion Steps
21 Oct 20
8-K
Entry into a Material Definitive Agreement
29 Sep 20
Registration and prospectus
253G2
Offering circular supplement
24 Feb 21
253G2
Offering circular supplement
12 Feb 21
1-A/A
Offering $9M in Equity
30 Nov 20
1-A-W
Offering statement withdrawal
16 Aug 20
1-A/A
Offering $6M in Equity
16 Aug 20
1-A
Offering $6M in Equity
12 Aug 20
1-A
Offering $6M in Equity
25 Jun 20
POS AM
Prospectus update (post-effective amendment)
10 Mar 20
POS AM
Prospectus update (post-effective amendment)
24 Oct 19
424B4
Prospectus supplement with pricing info
22 Jul 19
Proxies
DEF 14C
Information statement
28 May 20
PRE 14C
Preliminary information
23 Apr 20
PRE 14C
Preliminary information
15 Nov 19
DEF 14A
Definitive proxy
30 Aug 18
PRE 14A
Preliminary proxy
20 Aug 18
PRER14A
Preliminary revised proxy
14 Sep 17
PRE 14A
Preliminary proxy
12 Sep 17
DEF 14C
Information statement
12 May 15
PRE 14C
Preliminary information
23 Apr 15
DEF 14C
Information statement
31 May 11
Other
CORRESP
Correspondence with SEC
15 Dec 20
EFFECT
Notice of effectiveness
18 Mar 20
EFFECT
Notice of effectiveness
31 Oct 19
EFFECT
Notice of effectiveness
19 Jul 19
CORRESP
Correspondence with SEC
11 Jul 19
UPLOAD
Letter from SEC
1 Jul 19
UPLOAD
Letter from SEC
11 Mar 09
CORRESP
Correspondence with SEC
12 Feb 09
UPLOAD
Letter from SEC
1 Feb 09
Ownership
SC 13G/A
Sugarmade / EAGLE EQUITIES ownership change
16 Mar 21
SC 13G
Sugarmade / EAGLE EQUITIES ownership change
2 Mar 21
4
Sugarmade / CHENLONG TAN ownership change
7 Jan 20
4
Sugarmade / ALLAN JAMES HUANG ownership change
7 Jan 20
4
Sugarmade / JIMMY CHAN ownership change
7 Jan 20
3
Sugarmade / Khoi Dang ownership change
19 Jul 19
3
Sugarmade / ALLAN JAMES HUANG ownership change
13 May 19
3
Sugarmade / CHENLONG TAN ownership change
13 May 19
SC 13D
Sugarmade, Inc.
10 May 19
SC 13G/A
Sugarmade, Inc.
30 Aug 18
Reddit threads
Anyone have any ideas on high growth low market value pot stocks - say under 50mil cap?
16 Apr 21
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12 Apr 21
THE LOUNGE: thoughts, noob stuff, low effort, brokers, zero DD, non pennies - April 12, 2021
11 Apr 21
What unlisted stock are watching this week that everyone else is sleeping on?
11 Apr 21
Let me know what stocks you want to go green and I'll sell my shares! Works every time.
9 Apr 21
Anyone want to compare luggage? I’ll go first. My bags are as follows- 50k shares of $CBDL that’s down 85%, 5k shares of $OZSC that’s down 65%, and 25k shares of $CBDD that’s down 53%.
8 Apr 21
Anyone notice how most of the top DD posted on here this year, came around the peak of the stock and the stock has only fallen since?
8 Apr 21
Daily Plays - April 08, 2021
8 Apr 21
In search of lumber penny stocks- got any for me?
7 Apr 21
Undervalued Growth stock in an Overlooked Sector set for exponential growth
7 Apr 21