Sunset Island Group Inc (SIGO)

[surfkast]

Actually Battle Mountain is the leaseholder. Then it is sub leased to VBF and SIGO is not even mentioned.

Wade started Battle Mountain as a non profit.

https://businesssearch.sos.ca.gov/Document/RetrievePDF?Id=03823584-19727094

Since VBF is now a for profit per the 12/20/2017 filing, would the lease be still valid?

https://businesssearch.sos.ca.gov/Document/RetrievePDF?Id=03823584-23436707




THIS LAND LEASE AGREEMENT (“Lease”) is entered into and is made effective as of March 1, 2017 (“Effective Date”) by and between Lighthouse Botanicals Cooperative and J.R. Richardson, on the one hand (collectively “Landlord”), whose mailing address is: 20420 Spence Road, Salinas, California, and Battle Mountain Genetics, whose mailing address is 555 N El Camino Real #A418, San Clemente, CA 92672 (collectively “Tenant”), who for the consideration of their mutual promises herein agree as follows:



1. Recitals.



1.1 Landlord is the tenant of the owner of the certain real property located at 20420 Spence Road, Salinas, California (“Owner”) (“Premises”). The Premises are identified on the map attached hereto as Exhibit A and incorporated by reference herein. The property includes 220,000 square feet of greenhouses.



1.2 Subtenancy. The parties are entering into an agreement whereby Landlord is a tenant of Owner, and Tenant is subtenant of Landlord.



1.1.1 Further subtenancy. As described herein, Tenant, at its sole election, shall be permitted to sublease to one party only, namely to the California cannabis collective operating as VBF Brands, Inc., for as long as Tenant may be required to do so to comply with County or State law, or as Tenant may, by its own determination, consider it to be legally prudent to do so. (“Collective”). By Tenant’s entry into this Agreement, Collective acquires no rights against Landlord or Owner, except as may be provided by law. Tenant agrees to enter into an agreement with Collective with substantially the same terms, as may be applicable, as this Agreement. Tenant agrees that it is responsible for all legal compliance that may be required by Collective.


https://businesssearch.sos.ca.gov/Document/RetrievePDF?Id=03823584-19727094