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Alan Brochstein

09/08/17 9:16 AM

#14846 RE: saladbar #14841

THE MOST IMPORTANT PART IS OMITTED

They aren't just buying 15% of the revenue of the company ($200/$1300) - they are GETTING IT FOR FREE!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134465958

They are buying shares at $0.10 and dumping them to retail investors and using the proceeds to get these shares.

If the company were just selling this security, there would be no issue perhaps, but that is not what is going on.

SIGO HAS SOLD 640,000 SHARES AT $0.10 - 19.36 MILLION TO GO


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Flanker7

09/08/17 9:23 AM

#14850 RE: saladbar #14841

Best and simplest explanation on post 14841. Thanks UF!
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BeerIsGood

09/08/17 4:49 PM

#14928 RE: saladbar #14841

so currently whoever holds the 305,700 Series B is getting $200/pound

When SIGO needs next 6000 sq feet and issues another 305,700 shares, each of them will get $100/pound?

then another couple of 305,700 block's they each get $50/pound?

Is that what you mean?