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Wednesday, February 14, 2018 1:31:06 AM
Must read recent 8k. over $4 million in funding for SIGO
https://backend.otcmarkets.com/otcapi/company/sec-filings/12526361/content/html
SIGO has over $4 million in funding plus all current assets...
Greenhouses full of Marijuana... SIGO is way undervalued with only a $10 million market cap.
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$SIGO everything coming together perfectly (Must read)
- Receive manufacturing license - complete
- Receive cultivation license - complete
- Receive distribution license - complete
- Phase 1, Retro fit current green house to 22k sq ft growable space - in the process, need more funds
- Phase 2, Build new green house, add another 50k sq ft growable space - need funds
- Phase 3, Add additional grow space. - need funds
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As of right now, SIGO has all 3 licenses, and 12k sqft of canopy space. SIGO needs more funds to complete phase 1, 2, and 3.
But now, the recent 8k shows financing of $4.23 million!
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$850,000 will be used to repay Auctus AND to complete phase 1.
$4,235,000 - $850,000 = $3,385,000
That leaves SIGO with $3,385,000 to complete phase 2 and 3.
That’s plenty of money to complete all 3 phases.
After completion SIGO will have over 72,000 sq ft of grow-able canopy space!
Big money is about to be pouring in every 2 weeks with current operations.
MAJOR money will be pouring in once phase 1,2, and 3 are complete!
More SIGO highlights
*Already received Manufacturing, Cultivation, and Distribution licenses.
*Low Market Cap >$10 million
*Low float
*No debt
*90% Outstanding shares are locked up for 3 years
*80% reduction in Authorized shares happening mid-February
*Harvest was last Friday, (2/9/18), soon to be every 2 weeks
*Located in California... California's population > Canada's population
Check out these other Major MJ companies that make a few million dollars a quarter...
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Their market caps are in the hundreds of millions, and even billions of dollars.
There’s no reason why SIGO wont reach $100m market cap. That’s about $20 a share.
Dont be shook out by the BS. Know what you own.
All imo
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