Replies to post #9554 on Sunset Island Group Inc (SIGO)

[ash111]

Solid DD. I researched the whole sector a while ago. SIGO is the cheapest MJ stock around w/impressive Grow rate. it can only increase shareholders value. A/S already decreased from 500k to 100k. Now the company intend to reduce 50m O/S to 4M O/S which is also the float count A/o today. Cap is about $6.5m. Plan will add more value for both insiders ( thru preferred stocks, higher divi for example) and shareholders ( Equal to 13 times market cap or $21/sh ). Revenues estimations divided by total 4M O/S will represent Company valuation. If SIGO will do only 8m revenues/year w/ no grow rate,very conservative, NPV (20 yrs, 4% ) is about $130m or $33/share.

[greens12]

Fester, this sticky is False, the O/S is 50 million !!!!!


Also Management has scammmed people in stock before SIGO .

SIGO going down this week ...its being exposed as a scam.