Sunset Island Group Inc (SIGO)

[loanranger]

"do you know if SIGO would be required to report to the SEC if they start issuing SIGO shares to St George for any or all of the amount owed on the Convertible Promissory Note?"

Here's what I've seen in the past:
A note gets reported on an 8-K, as we've seen. Then any conversions are reported in subsequent regular 10-Q or 10-K filings, NOT right away in an 8-K.
Is that what you're asking?

That is what I would expect here. BUT the terms of the note are such a mess that I don't know anyone who fully understands them. That SHOULDN'T change the way conversions are reported, but I can usually follow the terms of notes like this and this one isn't anything like those that I've read before. That could speak to my lack of experience or the note could really be messed up.