Sunset Island Group Inc (SIGO)

[chemist72]

The BIG question on the Fife Promissory Note.

How will this loan be paid back?

Some have said Fife will get millions of SIGO shares. Other have said Fife will only get a few shares with the rest being paid back in cash. So who might be right?

The only facts that seem to bear on this question are as follows:

1) Fife has already received over 440,000 SIGO shares. So we already know that Fife has received some shares. So those who said this Note would be paid back all in cash were obviously incorrect in their prediction. Also, those who said Fife would receive millions of shares and then crash SIGO share price have been incorrect as well. At least, so far.

2) The other fact which bears some consideration is that SIGO did pay a dividend recently amounting to about $51,000 in cash. The fact that SIGO was able to pay this cash dividend, suggests to me that they may be cash flow positive currently, or at least in the past. However, the caveat here is that they could have used cash from the loan to pay the dividend, but this would make no business sense at all to me.

Still without financials being filed, investors really don't know anything for sure regarding SIGO's cash flow situation. Only SIGO themselves can clarify the true situation regarding Fife's loan. But will they??