Home > Boards > US OTC > Cannabis > Sunset Island Group Inc (SIGO)

To sum up your visit:

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victorcollins   Tuesday, 05/21/19 07:38:00 AM
Re: integral post# 44920
Post # of 45535 
To sum up your visit:

You validated two data points which were not in dispute for most here: there is a legit grow and manufacturing operation at the address on record, and there are accounting problems related to the nature of the business which are impacting their filings.

I do not believe your visit answered any of these open questions:

1. What happened to their loan from Fife? Was it paid off? Did they draw the whole 4 million?
2. Why does SIGO use tax IDs for other shell companies in their 8-Ks and other filings with the SEC?
3. What are they doing with the product they grow and manufacture? Is it being destroyed? Sold?
4. Valerie clearly cares about the operations and the business, but does she care at all about the equity and its success?

For me, I don't see the stock and the operation as the same thing. I see no reason to question your or others' perspective that Valerie is invested in seeing VBF be successful.

I also see no reason to assume VBF's success will be reflected in SIGO's success. This just seems a vehicle for manipulation by JWM and Fife in exchange for cash to fund VBF's growth.

I have started to unwind my position, but SIGO is so illiquid it is going to take a while to complete.

Good luck to all who stick around in SIGO.

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