SGMD News Alert Sugarmade Inc (SGMD) 0.0696 02/15/2015 12:27
Post# of 64074
Restructured Terms of Carryout Acquisition Result in Significantly Less Shareholder Dilution - Board of Directors Ratifies Acquisition
PR Newswire - Tue Oct 28, 8:00AM CDT
Sugarmade, Inc. (OCTQB:SGMD), the marketer of environmentally friendly copy and office paper made from sugarcane waste and bamboo, today announces its new board of directors has ratified its acquisition of CarryOutSupplies.com of City of Industry, California, a producer and wholesaler of custom printed and generic paper products to more than 2,000 takeout restaurant establishments. During calendar 2013, CarryOut had revenues in excess of $9 million. With future cross selling of products, expansion of the sales and market staffs and an improved balance sheet, management believes it can significantly grow revenues over the coming years.
Sugarmade to increase business operations through additional acquisitions in Vietnam
M2 - Fri Sep 12, 5:58AM CDT
Paper company Sugarmade (Other OTC:SGMD) said on Thursday that it has entered into merger negotiations with two additional companies based in Vietnam.
Sugarmade Enters Negotiations to Expand Business Operations Via Additional Acquisitions
PR Newswire - Thu Sep 11, 8:00AM CDT
Sugarmade, Inc. (OTCQB:SGMD), the 100% tree-free office paper company, today announces it has entered into negotiations to acquire two additional companies. During mid-July, Sugarmade announced a definitive merger agreement with CarryOutSupplies.com of City of Industry, California, a producer and wholesaler of custom printed and generic paper products to more than 2,500 takeout restaurant establishments. CarryOutSupplies.com produced approximately $9 million in revenues last year.
Sugarmade Continues Consolidation with CarryOutSupplies - Begins Shipments to New Customers
ACCESSWIRE - Mon Aug 04, 7:37AM CDT
San Francisco, Calif. / ACCESSWIRE / August 4, 2014 / Sugarmade, Inc. (OCTQB:SGMD), a marketer and distributor of sustainable tree-free paper and high quality paper products for the restaurant industry, today provides an update to its investors relative to the recent merger with CarryOutSupplies.com, including the following:
Sugarmade to Significantly Increase Product Portfolio Via Introduction of 100% Tree Free Disposable Food Service Products
ACCESSWIRE - Wed Jul 23, 5:08AM CDT
San Francisco, Calif. / ACCESSWIRE / July 23, 2014 / Sugarmade, Inc. (OCTQB:SGMD), a marketer and distributor of sustainable tree-free paper products, today announced it has formed a strategic partnership with Tree Free, LLC, a distributor of 100% tree-free disposable food containers, and Bolton International of Hong Kong in order to bring cost effective, bamboo-based food containers and food service products to the takeout and traditional restaurant markets within the United States. Under the terms of the agreement, Sugarmade and recently acquired CarryOutSupplies.com, will begin offering these innovative and environmentally friendly products to fast food and traditional restaurants across North America, including to its more than 3,000 current customers.
Sugarmade and CarryOutSupplies.com Close Merger Creating a Dynamic Force for Environmental Change in the Paper Industry
ACCESSWIRE - Wed Jul 16, 5:01AM CDT
San Francisco, CA / ACCESSWIRE / July 16, 2014 / Sugarmade, Inc. (OCTQB:SGMD), a marketer and distributor of sustainable tree-free paper products, is very pleased to announce the closing of its merger with CarryOutSupplies.com of City of Industry, California, a producer and wholesaler of custom printed and generic paper products to more than 3,000 takeout restaurant establishments. The combined Company's primary goals are to further the distribution of its tree-free copy paper into major corporations and institutions and to significantly expand the product catalog and distribution of the custom printed and generic takeout restaurant-oriented products manufactured and marketed by CarryOutSupplies.com.
Sugarmade to Advance its Agenda for 100% Tree-Free Paper via Merger with CarryOutSupplies.com
ACCESSWIRE - Tue Jul 15, 5:00AM CDT
San Francisco, CA / IHNW via ACCESSWIRE / July 15, 2014 / Sugarmade, Inc. (OCTQB:SGMD), a marketer and distributor of sustainable tree-free copy paper products, today announces it has signed a definitive merger agreement with CarryOutSupplies.com of City of Industry, California, a producer and wholesaler of custom printed and generic paper products to more than 3,000 takeout restaurant establishments. The merge is expected to close on July 16, 2014.