Sunset Island Group Inc (SIGO)

[PennyStockTrader2]

Wow the company was able to file Annual reports for 2019 and 2020 on 9/21 (2 days ago) in order to become Pink Limited status, which I assume will mean trading will resume, maybe as early as tomorrow.

I do see the preferred shares which I never really knew about but going back on most recent filing before now they were indeed listed there - Series A Preferred.

Look at their instagram, it is as busy as could be, lets face it, if we were to go back on old posts here, I am sure you'll find accusation after accusation that they would never be able to get licenses and grow, but man, they have achieved that, there is absolutely no question about that.

Anyway, my take at this point is that the float is still a meager 5.4 million shares which is very reasonable. We may be able to get a nice spike if they can finally now put out news. The preferred shareholder along with note holders have NOT converted any of their shares. What this tells me is that they are patient, and eerily so, and I will force myself to do likewise. I now actually see the potential here of a rising stock price. If the stock can clear for trading, which I think it will, then I am a buyer down at say 7 cents, as soon as I have funds to buy.