Sugarbud Craft Growers Corp. V.SUGR.W.H

SIGNIFICANT YEAR-OVER-YEAR INCREASE IN TOPLINE REVENUE

[Awakard]

SIGNIFICANT YEAR-OVER-YEAR INCREASE IN TOPLINE REVENUE & CONSUMER DEMAND | Sugarbud grew topline gross revenue on an unadjusted basis by over 348% ($2,400,193 in 2021 vs. $535,756 in 2020) and by over 300% on an as reported basis ($2,194,008 in 2021, $535,756 in 2020 ).¹ Unadjusted quarter-over-quarter gross revenue increased by 11.6% to $743,985, in line with previously disclosed guidance.

[stockman2021]

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[UniqueKitty]

I hate that I agree with Stockman2021 on this one but Sugarbud has been struggling since day one it seems.  The 100 to 1 RS on this just exposed SUGR to further exploitation of Short interests and when a company is as flawed as this one... wellll.. ya know.! PreRS-SP now $0.0085.  Fluffing numbers won't fool anybody. Properties mortgaged to the hilt. Paying way too high

[CravingProfits]

UniqueKitty, They just got  $848,000.00 on this 1rst tranche. And more to come? And maybe the fixes you refer to were done and paid for in Q4 ? No Chapter 11 anytime soon. I just keep averaging down and buying more at the lows. Got more at .90 yesterday and waiting for them to turn things around hopefully within the next 2 quarters. Do your own dd. Only my long opinion. GLTA

[stockman2021]

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[Tupulak]

They are predicting revenue of $1M a quarter but they will have $5M+ in expenses.  What happened to we will be profitable two years ago? They are running out of options even if they can raise more capital as it just gets more and more expensive to do so.  I am sorry to say but if they havent solved the spending issue soon I think it will be a fire sale. 

[stockman2021]

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[mystique1]

Awkward......I think you mean well but really missed the boat!  A street dealer on River Street selling a bag of weed for $20 had greater sales than Sugr did in Q1 and Q2 2020 so a year to year comparison is senseless. Try comparing  the last two quarters!    Was Net Revenue in Q4/2021 greater or less than Q3/2021?        340%/300% increases are

[mystique1]

with startup companies, many investors read a flashy headline and wet themselves without doing some simple investigation.