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Sunset Island Group Inc (SIGO)

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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



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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


Current Price
Bid Ask Day's Range
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SIGO News: Sunset Island Group Announces Its Subsidiary Has Obtained Its Provisional Annual Cultivation License From The State Of 03/15/2019 12:30:38 PM
SIGO News: Current Report Filing (8-k) 12/19/2018 10:56:26 AM
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
PlusOneCoin Top Posts
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#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
#44501   SIGO ready for another huge run? Buy Low, MadHatter326 03/21/19 12:51:42 PM
#44500   Extraction processors going in everywher across USA, emit 03/21/19 12:09:52 AM
#44499   No problem, it's been posted here many times ax57 03/20/19 02:16:52 PM
#44498   I missed the date and removed the post blueyedguy 03/20/19 01:37:53 PM
#44497   That article is from 2017. ax57 03/20/19 01:34:47 PM
#44495   Me thinks peeps are smoking what SIGO ain't growing...................... surfkast 03/20/19 08:29:07 AM
#44494   This is why they call it dope. loanranger 03/20/19 07:23:44 AM
#44493   REI offered 4.5 million - So did St.George emit 03/19/19 11:07:12 PM
#44492   We need keep something in mind - emit 03/19/19 10:59:33 PM
#44491   The Game is - What They've done, And emit 03/19/19 10:51:06 PM
#44490   Article below says there are just 4 marijuana chemist72 03/19/19 04:37:58 PM
#44489   Just checked provisional licenses in Monterey county. chemist72 03/19/19 04:19:32 PM
#44488   I suppose we will find out some truths seldomhome 03/19/19 03:55:29 PM
#44487   Reminder. surfkast 03/19/19 03:42:30 PM
#44486   JMHO, audited financials will incriminate several persons. surfkast 03/19/19 03:28:59 PM
#44485   I'm sure in your mind $SIGO's bigger than ax57 03/19/19 03:24:24 PM
#44484   Some have been saying this since VBF got chemist72 03/19/19 03:20:52 PM
#44483   But obviously to Jack asses! surfkast 03/19/19 03:13:28 PM
#44482   Meaningless?! California doesn't give out licenses to ax57 03/19/19 03:11:28 PM
#44481   Lots of discussions on the license. surfkast 03/19/19 02:55:30 PM
#44480   I agree blinks 03/19/19 02:38:20 PM
#44479   Start slapping the ask people blinks 03/19/19 02:33:19 PM
#44478   Its worth millions to VBF... they can grow blinks 03/19/19 02:30:31 PM
#44477   A license that cannot be transferred does not ax57 03/19/19 02:22:26 PM
#44476   Sounds good to me! Djdjdjdj 03/19/19 02:07:52 PM
#44475   Agree. VBF/SIGO definitely showing signs of life!! chemist72 03/19/19 01:19:19 PM
#44474   Yes I know the license is worth something chemist72 03/19/19 01:16:08 PM
#44473   Possibly. What I like is the company is Djdjdjdj 03/19/19 01:15:07 PM
#44472   They can legally grow 10,000 square feet not blinks 03/19/19 01:11:17 PM
#44471   Most definitely true. But is it worth something chemist72 03/19/19 01:09:49 PM
#44470   License is worth something to the company because Djdjdjdj 03/19/19 01:06:50 PM
#44469   Don't know if license by itself is worth anything. chemist72 03/19/19 01:06:00 PM
#44468   But they are fully licensed. That’s gotta be Djdjdjdj 03/19/19 01:02:30 PM
#44467   That license is worth big bucks - NOT TRUE. chemist72 03/19/19 01:01:01 PM
#44466   Well, VBF is the "owner" of the license. chemist72 03/19/19 12:46:34 PM
#44465   Licenses are not transferrable. Am owner can not surfkast 03/19/19 12:14:00 PM
#44464   I don't know how to estimate value of chemist72 03/19/19 10:16:04 AM
#44463   That license is worth big bucks blinks 03/19/19 10:08:10 AM
#44462   New one year cultivation license makes SIGO a chemist72 03/19/19 09:48:27 AM
#44461   Would Allen Brochstein's DD need to be surfkast 03/19/19 09:22:55 AM
#44460   If they actually file the 2017 10-K by loanranger 03/19/19 08:10:02 AM
#44459   There’s something that changed for the better. Curious victorcollins 03/19/19 05:41:19 AM
#44458   Maybe Val will be up there with Kim emit 03/19/19 12:54:24 AM
#44457   Added more shares today Mdrea 03/18/19 09:52:40 PM
#44456   Where are the financials? surfkast 03/18/19 07:20:57 PM
#44455   wrong, not a scam but definatly struggling to emit 03/18/19 04:38:01 PM
#44454   Scam? Sure sounds like it. Be careful. jerrybrockman 03/18/19 04:09:06 PM
#44453   This isn't 2017 anymore; there's soo many doing emit 03/18/19 04:01:47 PM
#44452   ''A provisional license will act in the same emit 03/18/19 03:17:40 PM
#44451   $SIGO Sunset Island Group Announces Its Subsidiary Has BohemianRhapsody 03/18/19 02:17:35 PM