Replies to post #9989 on Sunset Island Group Inc (SIGO)

[QTRADERQ]

THE ISSUES ARE ...

1) Loss of voting rights for preferred shareholders is a serious matter.

2) Hiring an attorney to revise documents to restrict stock to (possibly) allow some voting rights would be a waste of money.

3) CO SOS need to amend the Articles of Incorporation

4) The more complicated the transaction, the longer it will take, the more costly it is.

(My gut tells me when they meet with their attorney to discuss the proposed conversion, they will reconsider it.)