Sunset Island Group Inc (SIGO)

[cassini2titan]

Looks like SIGO will not need to sell shares at ten cents. The expansion capital can be raised with the Series B Preferred.


(1)
The Series B Preferred Stock was created to allow the company to raise additional capital to expand without having to use convertible or toxic type of debt.
 
(2)
The shares have no voting rights or conversion rights.
 
(3)
The owners of the Series B Preferred shares receive a quarterly dividend of $200 per pound of cannabis sold. The dividend will be distributed on a percentage basis based on the number of outstanding shares owned.
 
(4)
Any shareholder may purchase shares of the Series B Preferred with a minimum purchase of $1,000.
 
(5)
The Company will provide additional details on how shareholders may purchase shares of the Series B Preferred.