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I think I see the ending for this

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victorcollins   Thursday, 09/13/18 12:31:04 PM
Re: None
Post # of 45578 
I think I see the ending for this company from a quick keyword search in google.

SIGO was formed by the acquisition and merging of prior entities if I read surkfast's posts correctly.

Novus group, OPMZ, Battle Mountain Genetics, VBF brands, SIGO are all in a stew together.

There is a legitimate grow and assets owned by someone, VBF I assume. SIGO is just a shell.

I pulled out generic statements from today's 8K. i'll focus on one, which is "This action effectively dismisses"

You'll find plenty of publicly traded tickers, including lots of OTC where scam companies were up to something.

The most interesting one was this 8k from SOUM in January 2017 which looks like JWM made a few edits and submitted as SIGO:


What makes it interesting is SOUM were also formed through merger.

Now look at another 8k from SOUM in August 2017:


"2.01 – Completion of Acquisition or Disposition of Assets

On July 28, 2017, the Company signed a Separation Agreement (the “Agreement”) with Ms. Joy Gillespie pursuant to which Ms. Gillespie exchanged her 445,000,000 shares of common stock of SoOum Corp. for 100% of the ownership interests of Western Grade, LLC (“WG”), which were owned by SoOum Corp. In effect, this transaction reverses the prior acquisition of Western Grade by SoOum Corp., which occurred on October 06, 2016. The Separation Agreement entered between the parties contains other terms common to a transaction of this nature. Accordingly, the Company's financial statements will not include the operations of WG from effective date.

Due to the Agreement, the Company will no longer report WG as the Company's "Predecessor" and all historical financial information of the Company will be that of SoOum Corporation. WG was only consolidated with SoOum Corporation's financial statements for the period from October 6, 2017 (date of acquisition) through December 31, 2016. The Proforma financial information included in Item 9.01 below discloses the effects as if the acquisition of WG was not included in the consolidated financial statements for the year ended December 31, 2015, nine months ended September 30, 2016 and three months ended December 31, 2016"

To complete the analogy, someone acquired all the shares to take ownership of the part of value, which in this case would be VBF.

SOUM HOD on 1/4/17: .65
SOUM HOD on 1/20/17: 1.65
SOUM HOD on 8/07/17: .05
SOUM HOD on 12/31/17: .0017

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