Sunset Island Group Inc (SIGO)

[Alan Brochstein]

HOW WILL SIGO PAY?

Item 8.01. Other Events

On September 21, 2017 the company finalized and closed on an agreement to acquire an additional 32,000 square feet of cannabis grow space which includes a 2 ½ year lease with two 5-year renewal options. Initially the Company agreed to acquire an additional six thousand square feet that is within a few yards of our existing facility. These six thousand square feet was a small part of a 32,000 square foot facility. The Company has acquired the entire 32,000 square feet from the original occupants. All of it will be used for grow space. The Company will take possession of the space on October 1, 2017. Once the new space is fully developed, these two facilities combined will encompass 54,000 square feet, 42,000 of which will be strictly grow space and the remaining 12,000 will be used strictly for admin, drying, curing and trimming.

How will it be able to develop the facility? This company is flat out broke!




This news means this: The company will sell 19.36mm of the remaining shares at 10 cents each