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He ain't got link, it's made up! lol
Last buying opportunity! After this drop going to $$$$$!
Should have listen to me, the NUGL Train has left the station, next stop $3!
Last call before NUGL takes off heading to $2, then quickly to $4! Get in before the acquisition!
Possible Buy Out by High Times Holding Corp!
Get on the NUGL Train before it leaves the station for $7!
Sunset Island Group Announces Update on Expansion and Retro Fit of Greenhouse
BY GlobeNewswire
— 10:16 AM ET 02/07/2018
SALINAS, Calif., Feb. 07, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- SUNSET ISLAND GROUP, INC. ( SIGO
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) is pleased to provide an update to its shareholders regarding the Retro Fit and Expansion of the Company's operations.
The Company has been in the process of retro fitting our current greenhouse. The retro fit is two phases Phase 1 is the retro fir of the current greenhouse operations and Phase 2 is the building of a new greenhouse on the Company's bare land or retrofitting another greenhouse on the property.
To date the company has accomplished the following items as part of the retrofit of Phase 1:
Completed rewiring the greenhouse to provide the additional power needs for the retrofit. This was completed on January 20, 2018.
Installed 90 LED lights in our grow bays with 120 lights to be installed by February 28, 2018.
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.
Converted the clone room and operations to a Coco Coir and hydroponics system.
Begun planting 2 bays with Coco Coir.
Increase the number of plants in each bay to 1,150 (up from 480 plants).
Built out new dry rooms.
Built out new trim rooms.
Installed 12 cameras in the greenhouse and dry/trim rooms.
Begun build out of manufacturing room.
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 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 canopy space to its operations.
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
CONTACT:
Sunset Island Group, Inc. ( SIGO
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info@sunsetislandgroup.com
Source: Sunset Island Group, Inc. ( SIGO
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FYI, if you don't really believe in SIGO, you may want to sell and find another stock. Personally I have not sold a single share. I don't pay attention to the highs and lows other than to buy more when I can. As long as you have the same number of shares, you will be fine in the long run! Grow a pair and ride it out!
Hey UF been wondering where you have been. Good to see you on the board.
Legal Cannabis Sales Projected to Rise Across North America!
https://www.prnewswire.com/news-releases/legal-cannabis-sales-projected-to-rise-across-north-america-666600173.html
SIGO vs PCFP
SIGO - 4.8m OS, share price .60, income generated $100,000 Sept.
PCFP - 8.39m OS, share price $1,16, income generated zero
Go figure!!
What is rosin? Well here is the answer:
http://stuffstonerslike.com/2015/03/what-is-rosin/
Reverse split coming?
dgaz is a inverse fund, when ng usage and spot price go up dgaz goes down. ugaz does just the opposite. Bothe are 3X inverse funds, very risky and volatile.
15 Nuclear plants are in full or partial shutdown for maintenance and repairs, they are putting more demand on NG for power. Once they come on line along with the warming trend, NG will drop drastically.
http://powerburn.blogspot.ca/p/nuclear-generation-outages-and-natural.html
Cheap Illinois coal slows U.S. switch to cleaner gas
September 20, 2013|Reuters
Cheaper, dirtier Illinois coal is giving cleaner burning natural gas a run for its money as a fuel for electric power plants, helping the coal market slow the rate at which utilities are switching to abundant, less-expensive gas.
Electric utilities are not switching from coal to gas as quickly as they were last year, when natural gas prices hit a 10-year low. Gas prices have almost doubled since then.
Illinois coal gives power plants that choose to stick with coal another option besides the benchmark Central Appalachian grade. More utilities can burn Illinois coal because they have retrofitted their plants to scrub the coal clean and meet environmental regulations.
Illinois coal is 20 percent cheaper than its Appalachian counterpart and production of it is on the rise.
With Illinois coal now in the mix, it could become more difficult for gas producers to predict how many power plants will switch from coal to gas, a factor in determining demand.
Utilities are still switching from coal to gas, but the rate has slowed by 60 percent this year, according to internal data provided by Reza Haidari, manager with Thomson Reuters Natural Gas Analytics, as natural gas prices have risen.
Central Appalachian coal futures fell this month to their lowest in more than three years, while natural gas has rebounded from a six-month low.
Cheaper coal and more expensive gas generally prompts some utilities to consider switching back to CAPP coal, but analysts and traders said that lately, Illinois Basin coal has been undercutting both CAPP coal and gas.
Some power generators, especially those in the U.S. Southeast like Southern Company, are returning to coal after shifting to more natural gas.
Utilities were surprised to see they could “aggressively run coal plants with as much of an Illinois basin blend as they have been,” said Ted O'Brien, president of Doyle Trading Consultants, an energy research firm specializing in the coal sector.
“It's a structural change that will accelerate over next couple of years,” he said.
ILLINOIS VS CAPP
The shift toward Illinois coal has been underway for several years, and is increasingly evident among producers like Peabody Energy Corp. Its Illinois Basin output rose 11 percent last year even, while CAPP output pulled down total production.
Illinois coal has become so popular that CME Group is considering launching an Illinois Basin coal futures contract.
Plants burning both types of coal in 2008 had a mix of 87 percent CAPP coal and 13 percent Illinois Basin coal, according to an SNL Energy analysis of government coal delivery data. In 2012, that mix dropped to 59 percent for CAPP and rose to 41 percent for Illinois Basin coal.
The U.S. Environmental Protection Agency (EPA) has set forth guidelines for all coal plants to be in compliance with mercury and air toxic standards (MATS) by 2015. Those coal plants which have installed scrubbers can burn Illinois coal while remaining within guidelines to reduce sulfur dioxide emissions, the U.S. Energy Information Administration said.
Power generators have retrofitted coal plants to catch pollutants so they can comply with environmental rules.
Southern Company, which has spent $9 billion retrofitting plants and provides power to more than 4 million customers in the U.S. Southeast, has said the share of Illinois Basin coal it burns could rise five-fold in the coming years. Last year, it accounted for about 7 percent of its coal burn.
“The addition of state-of-the-art environmental control technologies affords us the flexibility to return to a variety of coal types,” the company said.
COAL'S TRICKY DANCE
The use of Illinois coal has allowed the coal market to hold onto some of the power market. Ten years ago coal was used to generate more than half of U.S. electric power. By 2011, gas generated some 25 percent of power while coal's share dropped to 42 percent, according to government data.
At this time last year, CAPP coal and natural gas were priced more competitively with gas prices below $3. Gas prices would again have to fall to about $2.90 before Illinois coal would start to be displaced, says Doyle Trading's O'Brien.
On the flip side, CAPP coal would become more competitive once again if gas prices were to rise to $4.75 per mmBtu. It remains a balancing act for power generators among all three, analysts say.
“In some cases, by burning Illinois Basin coal, utilities can maximize their coal burn,” said Jim Thompson, director of coal for the Americas at consultancy IHS in Knoxville, Tennessee. “It's not necessarily a ticket to displacing gas in every circumstance.”
If I understand dgaz and ugaz correctly all 3 months in the current trading cycle are considered in setting the price. Today started March (NGH14),April (NGJ14) and May (NGK14). I track all 3 months when trading dgaz and ugaz. The only time I get really concerned and worry is when the current month ends and a new month begins. It worked out great this time when rolling over from Feb (NGF14) to March (NGH14). Hope this helps, like I said this is the way I understand it, but do your own research and if you come up with different information, please share.
Could be cook, no doubt there is still room for ugaz to run, but ugaz at these prices is a steal. I'll keep averaging down as long as I have the funds to do it. in at avg buy price - 4.21
IMO from past reading and experience the break even between coal and natural gas to produce electricity is around $4.25. The bulk of the gas used at this time of year is for home heating in the eastern part of the country particularly. But a substantial amt is used to fire the power plants for electricity generation. The problem with swapping back to coal, which would be more economical is transporting the coal. With a lot of the snow and river traffic shutdown or slowed sufficiently they stay with gas. But as soon as the weather shifts warmer, natural gas will drop like a rock as the reduced draw on inventory and the use of coal is going to have a tremendous impact. Short term (2-3 weeks) UGAZ, long term (2-10 weeks) dgaz. Of course you can still make money on the swings as both do almost daily. Like I said just my opinion, make your on decisions and good luck!
Natural Gas Supply Decline Seen Above-Average After Winter Storm
By Naureen S. Malik January 29, 2014
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Natural gas stockpiles declined at an above-average pace last week as furnaces ran non-stop to combat a blast of arctic weather, according to analyst forecasts compiled by Bloomberg.
U.S. inventories dropped by 231 billion cubic feet to 2.191 trillion in the seven days ended Jan. 24, based on the median of 11 estimates. The five-year average decline for the week is 162 billion, according to the U.S. Energy Information Administration, which is scheduled to release its weekly stockpile report at 10:30 a.m. tomorrow in Washington.
Gas futures topped $5 last week for the first time since 2010 and spot gas prices in the Northeast surged to all-time highs as frigid air moved in.
Story: Why Is It So Cold? The Polar Vortex, Explained
“Lingering cold continues to deplete gas storage, potentially causing more delivery problems and broader price spikes,” Anthony Yuen, a strategist at Citigroup Inc. in New York, said in a note to clients today. “Regional price spikes could spread, potentially affecting Henry Hub, as gas inventories continue to fall.”
Natural gas for February delivery rose 13.5 cents, or 2.7 percent, to $5.168 per million British thermal units at 11:17 a.m. on the New York Mercantile Exchange. Prices jumped to $5.442 on Jan. 27, the highest intraday price since Feb. 16, 2010. The futures have climbed 22 percent this month, the biggest gainer in the Standard & Poor’s GSCI commodity index.
Gas Pipelines
Power grid operators reported pipeline constraints that contributed to price increases.
Webster_iam
Buy some ugaz, I have leveraged on dgaz, it will definitely sour!! lol
stock fox post# 166
I suggest you set up a play money account, I used Investopedia when I first started out. There is also a wealth of information there. I WOULD NOT RECOMMED INVESTING IN THESE INVERSE FUNDS UNTIL YOU REALLY UNDER THEM AND THE RISK.
Why the FDA did not properly research all available resources before they agreed to the SPA with AMRM, is beyond reason. Just because the FDA didn't do their original job correctly is not reason enough in my opinion to rescind the SPA. They should fire someone who was charged with research before the SPA was agreed to. I know I'm wasting my time rehashing this and venting, but it makes me feel better about my negative profit/losses!
IMO dgaz has not bottomed out quite yet, still have another 10-15% drop before climbing back up. Thursdays ng inventories should be lower than last weeks, that will drive prices up, I will probably buy dgaz next Monday Feb 2. Good Luck Guys!
Appreciate the info now I understand a lot more about why Amrn can not just go for 200-499 TG class. Again thanks, you did an excellent job explaining things!
AMRN needs to drop CVE completely ask FDA for approval to reduce TG 200-499 only, let Dr. prescribe and decide if they think it helps their patients. Continue with Reduce-it for CVE at completion of trials. It's a fact Vascepa reduces TG, It's not a fact that it reduces CVE, even though we and most Doctors believe TG above 200 contribute to CVE. They should be able to come to some kind of agreement on the above with proper labeling about CVE disclaimer.
Why doesn't AMRN drop any reference to CVE and just go strictly that Vascepa lowers TG 200-499? Maybe I don't understand it all, but it seems to me FDA and AMRN should allow physicians to decide if they think lowering TG for there patients is needed and if so prescribe Vascepa for the patient.