Business
Sugarmade Discloses Updated Current Information About BudCars Investment in New 8K Filing
Sugarmade Discloses Updated Current Information About BudCars Investment in New 8K Filing.
About this update from Sugarmade, Inc.
[{"type":"text","content":"\n NEW YORK, July 23, 2020 (GLOBE NEWSWIRE) -- via NetworkWire – Sugarmade, Inc. (OTCQB:SGMD) (“Sugarmade”, “SGMD”, or the “Company”) announces the publication of a new Form 8K Current Report filing (the “8K”) with the United States Securities and Exchange Commission (the “SEC”) highlighting specific information about the Company’s investment position in Indigo Dye Group, Inc (“Indigo’). Indigo carries on business as a cannabis delivery service under the name “BudCars.” The 8K also contains current information about the performance of that investment in terms of gross receipts from operations for BudCars during the three months ended June 30, 2020. The 8K can be found here. About Sugarmade, Inc. Sugarmade, Inc. (OTCQB: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. Our Brand portfolio includes CarryOutsupplies.com, SugarRush™ and Budcars.com. For more information please reference www.Sugarmade.com. FORWARD-LOOKING STATEMENTS: This release contains \"forward-looking statements\" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as \"anticipate,\" \"intend,\" \"plan,\" \"goal,\" \"seek,\" \"believe,\" \"project,\" \"estimate,\" \"expect,\" \"strategy,\" \"future,\" \"likely,\" \"may,\" \"should,\" \"would,\" \"could,\" \"will\" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that m...