Replies to post #18396 on Sunset Island Group Inc (SIGO)

[loanranger]

Per your post...
quoting from the press release of Sep 20, 2017:
"And finally, no, we do not have any significant debt as a company and we plan to keep it that way for the very same reasons."

Per the 8-K signed on September 26, 2017:
"the overwhelming consensus has been that we discontinue the offering and eliminate all existing shares of Series B Preferred."
The Series B Preferred was issued to pay off $300K of debt, so now....
"In the short term, this may result in a lump sum debt..."

So when we post on October 4 that "we do not have any significant debt" as of September 20, we really shouldn't neglect to mention the fact that that statement was revised a week later.