Sunset Island Group Inc (SIGO)

[loanranger]

From the 8-K filed a week later:
"Although the Company originally planned to make Series B Preferred shares available to shareholders, the overwhelming consensus has been that we discontinue the offering and eliminate all existing shares of Series B Preferred in order for the Company to capture 100% of the revenue from each harvest. The Company will commence with this process immediately.

In the short term, this may result in a lump sum debt on the books, but as the Company has made clear on several occasions, we plan to operate as close to debt free as possible going forward and over the long term. With that in mind, the Company will pay off this debt as soon as possible ensuring no disruption to daily operations in the process."
https://www.sec.gov/Archives/edgar/data/1689066/000147793217004726/sun_8k.htm

In the 10-K due at the end of the month we should find out more about the "this may result in a lump sum debt on the books" stuff.