Sugarmade Enters LOI with Boa Coc Paper for Accretive Acquisition
ACCESSWIRE - Wed Jul 22, 8:23AM CDT
CITY OF INDUSTRY, CA / ACCESSWIRE / July 22, 2015 / Sugarmade, Inc. (OCTQB:SGMD), a supplier of environmentally friendly tree free office paper made from sugarcane waste and bamboo and custom printed paper supplies to the restaurant industry, today announced its intent to acquire Bao Coc International Paper & Plastic, LTD, a manufacturer of high-grade postconsumer paper products. Sugarmade expects the acquisition, which is pending the completion of mutual due diligence and an injection of capital by Sugarmade into Bao Coc, to be accretive to the Company's revenues and earnings.
Save Trees with Sugarmade Paper at Earth Day San Francisco April 18th
PR Newswire - Thu Apr 02, 8:00AM CDT
Sugarmade, Inc. (OCTQB:SGMD), the marketer of environmentally friendly office paper made from sugarcane waste and bamboo, today announces its participation in Earth Day San Francisco. Please join us on April 18th to Save the Trees!
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.