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This year's cannabis play hands down...
SIGO...4,671,771 share outstanding, no debt, cannabis revenues already being generated, 16K of the planned 152K sqft of grow space already in production with more to come, officers arent taking salaries, only dividends and those same officers have locked up their own shares for 3 yrs. Once they have 152K in production that should equal around $30M in annual revenue and they should do so keeping O/S share count not under 7M as projected, but actually closer to 6.5M.
That's a $20+ stock in the making. UF
This year's cannabis play hands down...
SIGO...4,671,771 share outstanding, no debt, cannabis revenues already being generated, 16K of the planned 152K sqft of grow space already in production with more to come, officers arent taking salaries, only dividends and those same officers have locked up their own shares for 3 yrs. Once they have 152K in production that should equal around $30M in annual revenue and they should do so keeping O/S share count not under 7M as projected, but actually closer to 6.5M.
That's a $20+ stock in the making. UF
187 new board followers in 50 days or a little over 3 per day! Welcome to the 6 that came on board this weekend! UF
I've been unable to track the origin of each individual share, nor have I discovered a reason to do so, but what I have uncovered is that there are 4,671,771 share outstanding, no debt, cannabis revenues already being generated, 16K of the planned 152K sqft of grow space already in production with more to come, officers arent taking salaries, only dividends and those same officers have locked up their own shares for 3 yrs. I also discovered that once they have 152K in production that should equal around $30M in annual revenue and according to your recent calculations in one of your posts, they should do so keeping O/S share count not at 7M, but actually closer to 6.5M. UF
60% increase in grow space overnight last week. Look for more further incremental growth soon.
No salaries taken by officers.
4,671,771 O/S; 4.1M Market Cap
They have no debt.
They haven't reported Aug #s yet, so that's pure speculation.
The current and new shareholders will ultimately decide.
You failed to mention that they don't take salaries. UF
And their grow space went up 60% at the same time. Pretty good tradeoff, huh?
I can't find the "LIKE" button, but you're spot on...
Didn't pan out, but you know what is? Huge cannabis grows, expanding rapidly with 152K sqft minimum planned and all while keeping O/S share count under 7M, with no debt,and mgt locking up their own shares for 3yrs. Incredible! You should buy some shares on Tuesday!
Thank you, Werbe and welcome!
No, not really, but have a great holiday weekend. UF
OKAY. For the sake of argument, let's say Joseph plays some role here.
ANSWER THIS QUESTION: The company has 4,671,771 shares outstanding and have stated clearly that they will have no more than 7M O/S as they expand to 152K square feet and $30M in revenue all while keeping their shares locked up for three years and not creating any debt or toxic debt.
If they pull this off, and the stock catapults to $20 per share or better, will that make this Joseph a good guy or a bad guy?
I'm sure this BREAKING, BLOCKBUSTER NEWS will override all of the myriad of reasons to buy SIGO.
It's official folks. Ignore the low float, revenues, the 3 yr lock up of officer shares and no debt.
Some Joseph fella is three degrees separated from SIGO. Game over. Everybody go home...geeeez
That's true of EVERY stock, so....thank you for that...
Haha. They're called preferred shares and 90%+ of all the stocks here have them. The only difference is SIGO officers have locked theirs up for 3 years from conversion date.
Calling their preferred shares "hidden" like it's something nefarious is DESPERATE.
Check the TR*TC comparison in the stickies.
A year ago, no one would have bought it either. Now that it is cleaned up, debt free, low float with cannabis revenues, it's a steal at these prices!!!
Guys, there are 4,671,771 shares outstanding. 4M came from an S-1. That's it. That's all that matters. Period. End of story. We all know that. On Tuesday, when people buy or sell stock in this company, they will have no care, no concern, one iota of thought about how or why they got into the float and the O/S...just that they are there. AB keeps this narrative alive as though it is somehow relevant or important.
4.67M shares available for purchase...period. Get them cheap while you can. The end. Full Stop
SIGO has clearly stated that they will grow to a minimum of 152K square feet and project no more than 7M shares O/S once complete. See the iBox above. Got set on auto alert. We can do this all day every day. UF
Fully diluted doesn't matter if the shares are locked up for 3 years, which is the case as clearly outlined in a PR from management. Actually it's 3 years from the date of conversion, so even more secure that insinuated.
This is where the company is headed based on their plan to develop a minimum of 152K sqft COMPARED to the darling of the cannabis industry; the one that many claim to be the "benchmark".
If they pull this off, we're talking 30Bagger - 40Bagger here! It will take some time for it all to come together, but even if it's 12-18 months, that'll be here before you know it.
Based on these numbers, it's definitely one you want to begin accumulating to lock in your share of the float. GLTA UF
No. Most of us choose not to labor over "The basics of business 101", but you keep up the good fight, buddy.
The constant insinuations that the company is too stupid to operate within guidelines is baffling to me.
I hope they paid this month's power bill.
Apparently it did if they're already expanding.
It's sure primed for one with the verification of O/S on OTCMarkets. GLTY UF
Interesting. Thank you.
Good luck with that.
7 new followers just in the past couple hours! Welcome to all!
Wrong. They specifically said and you even confirmed in one of your posts that to get to 152K sqft, they would increase to no more than 7M O/S.
Right on! Glad you're here! UF
I hope they serve ice cream.
No, but TJ has 1000 investors that are tickled with his performance to date. UF
L2 just thinned out big time!!
TJ doesn't have two RipoffReports; Alan does.