CHM Cannabis
Home > Boards > US OTC > Cannabis >

Sunset Island Group Inc (SIGO)

Add SIGO Price Alert      Hide Sticky   Hide Intro
Moderator: surfkast, integral, BeerIsGood, penknee, Djdjdjdj
Search This Board: 
Last Post: 12/13/2018 10:02:35 AM - Followers: 295 - Board type: Free - Posts Today: 3


Click for Info and Free Level 2

Latest News


Pics and Info from Shareholder Tour On March 8, 2018

Share Structure 
Market Value $
4,712,357 a/o May 16, 2018

Authorized Common Shares 27,000,000 a/o May 16, 2018 
Authorized Preferred A Shares 7,500,000 May 16, 2018

Outstanding Common Shares 5,746,777 a/o May 16, 2018 
Unrestricted Common 4,869,867 a/o May 16, 2018

Outstanding Preferred A Shares 4,600,000 (Each Share=10 Common Shares)

Restricted  Common 875,016 a/o May 16, 2018

Dividend (0.001) March 28, 2018

Fiscal Year Ends 10/31

Majority Owner: TJ Magallanes

President/Minority Owner: Valerie Baugher

Sunset Island Instagram

Contact Info

Corporate PO Box 555 NORTH EL CAMINO REAL #A418 SAN CLEMENTE, CA 92672
Grow Site  20420 Spence Rd SalinasCA 93908
Google Map: https://goo.gl/maps/4u1TyCiee292

(424) 239-6230

SEC Filings

Sunset Island Group, SIGO (OTCQB) has 5,746,777 Shares Outstanding

First Cannabis Revenues in August '17!!
Currently trading at .58 per share(11/20/17)...
...which equates to a very low market cap!! 
One of the lowest if not THE lowest market caps among cannabis related stocks!

Projecting 152,000K square feet of greenhouse space minimum as phase one of expansion.

Company has projected $200.00 annually per square foot of grow space!

Projecting no more than 7,000,000 shares outstanding upon completion of first expansion.

Management has locked up their own preferred shares for 3 years from conversion date!

Currently 12K square feet of greenhouse space; 15K of which confirmed as grow space.

"Cannabis Grows Can Be Wildly Profitable When Done Correctly."

The company said in their initial PR to expect $200 per square foot, so that's what we've used here. 
There's 16K confirmed square feet of grow space currently and the company will reach a minimum of
152K square feet after expansion.  So what's a reasonable price per share?  See below...

NOTE:  As of today, the outstanding share count is 5,746,777, however,
as part of the expansion plan, that number will increase to a maximum of
7,000,000 shares with the expansion to 152,000 square feet.

I felt it necessary to share with you today specific, detailed information that's from the heart. Our company is poised for explosive growth. We are passionate about what we do and we are proud of our accomplishments to date. Our team has worked hard to get us to this point. We now have three options. 1. Continue to operate within the confines of our current 12K square feet. 2. Expand to an already pre-determined minimum of 152K square feet, or 3. Swing for the fences and expand quickly in phases to a total of 750,000K square feet. For us, option number one is off the table. It would be unfair to our operations team and unfair to our shareholders. Option number two is already in the works. Option number three is still on the table, so we need you to understand something clearly. We have a great plan of execution. It is laid out and ready to implement step by step and we would ask that shareholders trust us to execute our plan. The misconceptions today seemed to come mostly from how we presented the plan for the S-1 so let me lay that out for you step by step." 

Mr. Magallanes went on to say, "Today at opening of business, our company has approximately 4,031,771 share outstanding. At close of business today, our company will have approximately 4,431,771 shares outstanding or an increase of 400,000 shares. In exchange, at close of business today, the company will have placed into our hands $340,000 in expansion capital. The particulars of the S-1 and how it will work, how we execute the strategy, the long term preferred share conversion, etc. are all irrelevant at this point. Again, we ask that you trust that we are doing what is in the best interest of the company and shareholders. What we are telling you is that with the first tranche, 400,000 shares will be added to the outstanding and $340,000 will be placed into our account. On a side note, we do not like debt of any kind and throughout the expansion, for the life of our business, we want to keep debt completely off the books or at least to a minimum. We currently have $300,000 in debt and that will be paid off in full immediately. That will leave us with $40,000.00 in expansion capital from the first tranche. Each subsequent tranche will also be negotiated in 400,000 share increments and we expect similar or better results with each."

He continued with, "We currently have 12K square feet of space and to expand to the pre-determined minimum of 152K square feet, we will need to raise approximately $1,560,000.00 in expansion dollars. Using the same or similar results to the first tranche, that would require us to add a little under 2,000,000 additional shares to the outstanding share count. So to expand to 152K square feet that will generate approximately $200.00 annually per square foot of grow space, we project the need to have approximately 6,267,000 shares outstanding and no more than 7,000,000. To keep this release from getting too lengthy, suffice it to say that to determine a projected share count, revenue projection and equivalent expansion capital raised to max out 750,000 square feet, the same calculations are applicable.  What we are telling you as clearly as possible is we have a unique and effective way to raise funds in place, a plan to keep the outstanding share count to a minimum, a way to create explosive revenue growth without the creation of any substantial debt, much less toxic debt and at the same time doing so without the payment of any salaries to officers of the company, only dividends; the exact same dividends received by our shareholders.

"The Company’s goal is to become one of the largest cultivation entities in California
with the ultimate objective of becoming an acquisition target."  8K August 18th


Sunset Island Group is a cannabis grow facility located in San Clemente, California.  See images below.
The Company began initial planting in April, 2017. They harvest year round and their first harvest took place
in late July, early August.  They currently operate in 15,000 square feet of green house space and
expect to increase that amount in the near future to a minimum of 152K square feet.  The company has
projected a very conservative $200.00 per square foot in annual revenue.

Neither of the officers in the company take a salary!  The company recently announced a dividend for all
shareholders which will be paid quarterly and officer compensation will be through this dividend only.





Sunset Island Group Provides Clarity On Expansion Plans

To date the company has accomplished the following items as part of the retrofit:



1. Completed rewiring the greenhouse to provide the additional power needs for the retrofit. This was completed on January 20, 2018.





2. Installed 90 LED lights in our grow bays with 120 lights to be installed by February 28, 2018.





3. Installed 8 “Sensor Push” atmospheric sensors in the greenhouse. The sensors provide wireless thermometer / hygrometer readings with alerts. The sensors allow the company to monitor the Sensor Push sensors remotely and with the cloud service we can receive current conditions, alerts and the full data history of each grow bay.





4. Converted the clone room and operations to a Coco Coir and hydroponics system.





5. Begun planting 2 bays with Coco Coir.





6. Increase the number of plants in each bay to 1,150 (up from 480 plants).





7. Built out new dry rooms.





8. Built out new trim rooms.





9. Installed 12 cameras in the greenhouse and dry/trim rooms.





10. Begun build out of manufacturing room.





11. Begun build out of distribution room.


The Company’s current greenhouse operations are conducted with 12,000 square feet greenhouse, 1,000 square foot warehouse and approximately 9,000 square feet of bare land that the Company currently has temporary buildings on for administration purposes. 

The goal of the retro fit for Phase 1 is to increase the growable space in the current greenhouse to approximately 22,000 (with a vertical grow) with approximately 85% being canopy space (or approximately 19,000 square feet). The Company’s goal is to yield 0.08-0.10 pounds per growable space and to have 5 harvests. 

For Phase Two, the Company would ideally begin to retro fit another greenhouse currently located on the property. In September 2017, the Company agreed to take over a greenhouse located on the property that is 32,000 square feet. The current leaseholder is finishing his grow operations in the space. The Company would ideally retro fit that space in similar manner to the reto fit being completed within our current greenhouse. We expect the budget for the that retro fit to be between $1,800,000 and $2,000,000. This would increase our growable canopy space by an additional 50,000 square feet (with a vertical grow). Thereby, giving the Company 72,000 square feet of available canopy space. However, the Company wants to complete the current reto fit within the 12,000 square foot greenhouse and have completed the investment needed to retro fit the 32,000 square feet prior to absorbing the costs associated with the 32,000 square feet greenhouse. Additionally, the Company has been given permission from the land owner to build a new greenhouse on the 9,000 square feet of bare land that it currently leases. The Company ideally would like to build the new greenhouse as Phase 3 and add additional canoby space to its operations. 

The company expects the total retro fit for Phase 1 (the current greenhouse) to cost approximately $600,000-$900,000.

As part of the retro fit, the Company intends to add the following items: 

(1) 240 LED lights to provide supplemental lighting (20 lights per bay),



(2) moving from a soil cultivation to coco coir system,



(3) increase plants in grow to 1,400-1,600,



(4) raising the height of the greenhouse by 5-10 feet to allow a vertical grow system (the company is testing a vertical grow method that wouldn’t require raising the height of the greenhouse)



(5) replacing the polyethylene sheet panels with more efficient polycarbonate panels,



(6) including additional atmosphere controls,



(7) cameras that can be accessed remotely,



(8) building out a new dry and trim room,



(9) building out new area for manufacturing and distribution,



(10) adding a CO2 system, and



(11) build a new greenhouse (which would give us 2 greenhouses) on our current leased bare land.


On February 14, 2018, the Company has executed an agreement with St George Investments for $4,245,000 with the initial tranche being $850,000. The Company received the funds on February 20, 2018. As part of the initial tranche the Company repaid Auctus Fund. The Company moved forward with St. George because of how St. George is paid back. Instead of issuing shares the Company has the option to repaying the redemption amount in cash. Unlike other lenders where the Company has no option to repay in cash once the prepayment period has expired. St George Investments, starting six (6) months from Closing, may elect to redeem any portion of the outstanding balance in one or more redemptions. The redemption(s) may be satisfied in cash or stock ($1.70 Conversion Price)  at the sole election of the Company. If the Company chooses to satisfy a redemption in cash, the redemption amount shall be multiplied by 110%.

The goal of the retro fit for Phase 1 is to increase the growable space in the current greenhouse to approximately 22,000 (with a vertical grow) with approximately 85% being canopy space (or approximately 19,000 square feet). The Company’s goal is to yield 0.08-0.10 pounds per growable space per harvest. The Company’s goal is to have 5 harvests per bay per year. 


 On February 7, 2018, the Company has received a letter of understanding (intent) with REI Extracts to build out its manufacturing and distribution divisions. Under the intended terms, REI will pay for the build out of the manufacturing facility including all equipment and overhead associated to its ongoing operations. The Company will contribute its licensing and biomass from the cultivation operations. The Company will receive all proceeds from the sales under the joint venture and will pay REI 75-80% for managing and financing the operations. Essentially the company will receive 20-25% without any out of pocket expenses related to the manufacturing division. Thereby, allowing the Company to use its capital for its cultivation operations and allowing experienced extractors finance, run and manage the manufacturing division. Additionally, REI will assist the Company to expand into the Los Angeles and Southern California market through REI’s established distribution network. Nothing would limit the company from also manufacturing products under its own brand of “VBF Brands.” 


April 24, 2018 8k

1. On April 24, 2018, the company filed for its annual license for manufacturing with the State of California. The company currently has a temporary license issued by the State of California that expires May 1, 2018. With the annual application filed the Company may receive an extension of 90 days of the temporary license while the annual license is being processed.         

2. The Company’s temporary cultivation licenses expire on May 17, 2018 and the Company expects the annual license to  be filed within the next weeks. The Company’s attorney is currently working on the package.        

 3. The Company’s distributor temporary license for distribution was scheduled to expire on May 29, 2018. However, the license was revoked because the county now doesn’t allow distribution at the company’s address. The County only allows for self-distribution and not general distribution. Which means the company may only distribute its own products and not unrelated 3rd party products. The Company’s attorney is filing for a new temporary license while we prepare for the annual license filings for distribution.



VBF Brands, Inc. Receives Distribution, Manufacturing and Cultivation Licenses for up to 15,000 sq/ft of Cultivation

Click Pics for License Look Up
County= Monterey
City= Leave Blank

Manufacturing License

CDPH-T00000244 VBF Brands, Inc. Von Baron Farms A-Type 6 Salinas Monterey Expires 7/29/2018 Nonvolatile solvent or mechanical extraction (Can also do infusions and packaging/labeling) A=Adult Use



Cultivation License
Max Cultivation License 15,000 sq. feet
                                         TAL17-0000526 Adult-Use Temporary Cannabis Cultivation License VBF Brands, Inc. Specialty Mixed-Light Tier 2 Active 1/17/2018 to 6/17/2018 2,501 to 5,000 sq ft   Monterey County

TML17-0000527 (Inactive as of 6/17/18) Medical Temporary Cannabis Cultivation License VBF Brands, Inc. Small Mixed-Light Tier 2 Active 1/17/2018 to 6/17/2018 5,001-10,000 sq ft 

Distributor License REVOKED
M11-18-0000157-TEMP Medicinal - Distributor Temporary License VBF Brands, Inc.
A11-18-0000115-TEMP Adult Use - Distributor Temporary License VBF Brands, Inc.

Enter VBF for Business Name



Deletion of Posts

While in manage mode, Moderators will see a message that says "Click any message below to view, then remove or restore it." Clicking on a specific post will then show the option to "remove" in a box on the left. Clicking this will then provide the following options as a reason for removal: Personal Attack, Duplicate Post, Spam, Off Topic, Vulgarity, Author Asked to Remove, Violation of Privacy, Threat.


This is an accidental duplicate post by a single Member. This does not mean a similar message posted previously or the same content posted by a different Member.

Personal Attack

This is when someone attacks one or more members personally rather than the content of that Member's message. The post does not have to be addressed to the "target" of the attack to be considered a Personal Attack. If it attacks a messenger rather than the message, it qualifies for deletion and it is expected that Moderators will remove it.

  • Posting the same or similar content to more than two (2) boards within a calendar day;
    Posting the same or almost identical post more than twice within a calendar day i.e. "where's the PR?", "anyone seen the PR?", "thought there was going to be a pr today?", "geez, is the pr coming out today or not?";
    Sending the same or similar unsolicited PM to multiple recipients More on PM spam.
    Posting statements that do not add value to the discussion (i.e. "My cat ate my homework" or "Bzinga");
    Posting excessively on one or more message board(s). The boards are for discussion not a pulpit for individual Users. If you feel someone is abusing their posting privilege in this manner, please discuss this with a Site Admin without deleting any posts that don't otherwise violate the TOS. Admin will review posting history and may, at their discretion, impose posting restrictions if deemed to be warranted.
    Spam that overlaps off-topic are posts containing content promoting other sites.
    Spam promoting other stocks/companies on a stock specific board. For example, if your board is about Ford Motor Company, a post or link suggesting someone buy stock in a pharmaceutical company is not relevant to the discussion. This does not apply to industry or trading comparisons/discussion. For example, someone comparing a stock run to a similar run on another stock is fine. It also doesn't apply if someone makes an off hand comment that they took profits on another specific stock and brought them here. The goal is to remove clear, egregious promotion of other stocks ("Get out here and take your money to XXXX", etc.).
Off Topic
  • Posts about or focusing on other Members or groups of people and their reasons for posting on the board (i.e. "XYZDownDaDrain" is just a basher, ignore him", "XYZToDaMoon" is a pumper", "the naysayers are very loud today", "c'mon, where did all the cheerleaders go?"). The post does not have to be addressed to a specific person. If the post is about other Users then it should be removed.
    Posts with religious or political statements should be removed as "off topic". These inevitably create an avalanche of replies that are off topic as well.
    Posts about Moderators and/or deletions are also "off topic". Issues of this nature need to be discussed with a Site Admin.
    Putting "ot" at the beginning of a post does not make it acceptable. It is still off topic and eligible for removal.
  • The PG13 rule is loosely used as a guideline to what is/isn't acceptable when determining whether a comment is vulgar. The theory is that if society has deemed it appropriate for a 13 year old to hear, it is unlikely that it will be offensive to the majority of Users.
    Otherwise, profanity (as explained above) is unacceptable on the stock boards, even when punctuation characters are used to "fill in the blanks" or letters are changed (f**k, azzh*le, etc.). Note that there are also "polite versions" for many acronyms and these are assumed to be the case when in doubt (i.e. "wtf?" = "what the freak?" in the polite version).
    Any form of vulgarity directed at another User is unacceptable and should be removed (i.e. "you're a sh*thead", "being an a** doesn't help your case").
Author Asked to Remove
  • When a Member has specifically asked that a post be removed and has cited a valid reason for removal, such as accidentally revealing personal information. This is an occasional accommodation and is not to be used to "mask" the removal of bona fide TOS violations. If you are asked as a Moderator to remove more than 2 messages as Author Request, please send the User to discuss with Admin.
    Messages over 48 hours old are not removed, even when requested by the Author, unless there are extreme circumstances (i.e. accidentally revealed an account number).
Violation of Privacy
  • Posting of what the Member believes to be any personally identifiable information (email, real name, phone, address, etc.) about another User or posting the contents of a private message is a privacy violation. For example, if a Member posts that "XYZDownDaDrain is actually Bob Smith", whether the information is accurate is irrelevant. The Member was trying to disclose personal information. This is a serious violation and can get you suspended or terminated from the site.
    Posting or referring to the contents of private messages without the author's prior consent is considered a violation of privacy and can get the User suspended or terminated from the site.
  • A Member threatening any other Member in any fashion is to be removed.
    Threats or insinuations of violence or physical harm against anyone is a serious infraction and can get you suspended or terminated from the site.


File a Complaint

California’s three licensing authorities each provide the option to file a complaint against any licensed/unlicensed commercial cannabis activity throughout the state. For tips on illegal cannabis cultivation operations or related complains, call the CalCannabis toll-free hotline: 1-833-WEED-TIP. In addition to reporting such activity to the state, it’s recommended to file a report with your local authorities as well.

Bureau of Cannabis Control – File a Complaint

CalCannabis Cultivation Licensing – File a Complaint: Call 1-833-WEED-TIP

Manufactured Cannabis Safety Branch – File a Complaint


CHM Cannabis
Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
SIGO News: Current Report Filing (8-k) 12/03/2018 06:25:43 AM
SIGO News: Current Report Filing (8-k) 11/30/2018 02:35:01 PM
SIGO News: Current Report Filing (8-k) 07/25/2018 09:23:36 AM
SIGO News: Statement of Ownership (sc 13g) 07/23/2018 06:04:09 AM
SIGO News: Current Report Filing (8-k) 06/28/2018 02:14:30 PM
PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
#43631  Sticky Note No audited financials? surfkast 11/22/18 01:46:52 PM
#13983  Sticky Note Good find. I dug a little deeper into Alan Brochstein 09/04/17 09:50:01 AM
#43837   jimr, we all know what happens eventually when chemist72 12/13/18 10:02:34 AM
#43836   Not the way they drafted the document. integral 12/13/18 09:54:34 AM
#43835   Has the Sun Set on this turd yet? jimr1717 12/13/18 02:17:14 AM
#43834   Can't Job defer the income? loanranger 12/12/18 09:44:58 PM
#43833   Jobs has to declare the $1 million for integral 12/12/18 08:53:35 PM
#43832   SIGO - Gona POP! emit 12/12/18 07:35:03 PM
#43831   The Israel effect - mpx-cron-bldv emit 12/12/18 07:29:05 PM
#43830   Ky's 3rd w/26,000acres emit 12/12/18 07:23:34 PM
#43829   2 plants, 2M in town, 40million 30mils to cairo. emit 12/12/18 07:21:17 PM
#43828   I'm afraid I have no idea what you loanranger 12/12/18 07:18:37 PM
#43827   FrBill, CBD extracts taking to indications - emit 12/12/18 07:14:05 PM
#43826   Problem is, Jobs needs a better tax attorney. integral 12/12/18 06:55:12 PM
#43825   I think that's right. If the share price loanranger 12/12/18 06:09:56 PM
#43824   I believe this agreement is another violation of surfkast 12/12/18 04:58:29 PM
#43823   Guess the part of your post that confused chemist72 12/12/18 03:37:00 PM
#43822   No need, just I didn't know where the integral 12/12/18 03:03:59 PM
#43821   I should probably just shut up as I'm chemist72 12/12/18 12:56:32 PM
#43820   First off, I never brought up common stock. integral 12/12/18 12:41:09 PM
#43819   Don't think Jobs Growing purchased any common shares chemist72 12/12/18 12:31:06 PM
#43818   Don’t you think it’s a odd that a penknee 12/12/18 12:20:33 PM
#43817   You mean the company formed days before? integral 12/12/18 12:02:28 PM
#43816   They did P/R a deal with a new surfkast 12/12/18 11:25:58 AM
#43815   Absolutely correct surfkast. chemist72 12/12/18 11:06:58 AM
#43814   They can file, but what are they going integral 12/12/18 10:36:19 AM
#43813   So they can't file a form 15. surfkast 12/12/18 10:34:13 AM
#43812   Then this becomes a problem: integral 12/12/18 10:31:30 AM
#43811   Possibly extended just long enough to possibly file surfkast 12/12/18 10:21:59 AM
#43810   Actually, if you read the regulations, there will chemist72 12/12/18 09:45:36 AM
#43809   Absolutely agree. chemist72 12/12/18 09:40:23 AM
#43808   Do we really think CA is going to growdoe 12/12/18 09:30:57 AM
#43807   First off, there are no companies "listed" on integral 12/12/18 09:29:04 AM
#43806   Its not the questions I object to, its chemist72 12/12/18 08:36:42 AM
#43805   "I try to post info relevant to SIGO loanranger 12/12/18 07:43:19 AM
#43804   Why do you persist in asking questions that chemist72 12/11/18 09:01:45 PM
#43803   What are the harvest numbers? surfkast 12/11/18 08:26:52 PM
#43801   New pics on Instagram. ax57 12/11/18 04:05:53 PM
#43800   VBF Brands now has 4 ACTIVE temporary MJ licenses. chemist72 12/11/18 03:47:04 PM
#43799   SIGO/VBF Brands just received their temporary Nursery license!! chemist72 12/11/18 03:24:21 PM
#43798   You will see it after the now two surfkast 12/11/18 02:46:07 PM
#43797   Where is my $5.00 (per share not cntryjo 12/11/18 10:17:53 AM
#43796   I'll be there with bells on. emit 12/10/18 11:54:59 PM
#43795   I never spend money I can't afford to emit 12/10/18 11:51:54 PM
#43794   Maybe they will all take Lear Jets with integral 12/10/18 01:26:21 PM
#43793   Everyone coming to the SIGO New Year's party?? chemist72 12/10/18 12:09:15 PM
#43792   I feel sorry for the good people that Popeye3 12/10/18 11:14:02 AM
#43791   How about they are not growing so why surfkast 12/10/18 11:11:31 AM
#43790   Sell and move on before this really gets ugly. chemist72 12/10/18 10:03:39 AM
#43789   A simple question and my simple answer. chemist72 12/10/18 09:58:36 AM
#43788   Opened on a bid dump! It's next week now. cntryjo 12/10/18 09:48:26 AM
#43787   0.31 -0.09 (-22.50%) surfkast 12/09/18 12:31:12 PM