Sunset Island Group Inc (SIGO)

[surfkast]

THEIR BACKER.

On February 23, 2017, the Company acquired 4,000,000 shares of common stock of an unrelated public Company for $11,000 in contributed capital. During the year ended February 28, 2017, the Company sold 429,387 shares in this company and recorded gain on sale of marketable securities of $1,617,601.


The Company fair valued the marketable security available for sale at February 28, 2017 (no marketable securities at February 29, 2016) and recorded an unrealized gain on change in fair value of $12,196,847. Subsequent to the year end through the date these financials were issued, the fair value of these securities significantly decreased. The market price of the stock decreased from $3.48 per share as of February 28, 2017 to $0.1 per share as of June 9, 2017.

SIGO Historical Summary 
 Period †	Open	High	Low	VWAP	Min Vol	Max Vol	Avg. Daily Vol [m]	Change	% 
 1 Week	1.23	1.4	0.567	0.8675	117k	387k	260k	-0.34	-27.64% 
 1 Month	0.4	2.25	0.33	1.1397	116k	697k	372k	0.49	122.50% 
 3 Months	0.1	2.25	0.1	0.8923	0	697k	175k	0.79	790.00% 
 6 Months	3.18	3.2	0.064685	0.6406	0	854k	155k	-2.29	-72.01%