Replies to post #28167 on Sunset Island Group Inc (SIGO)

[ash111]

 Sep 20, 2017: 
 "Mr. Magallanes... Yes, revenue from cannabis clones is a very real opportunity for us and as we ramp up, clone revenue alone could be in the millions of dollars by this time next year. Yes, we continue to believe that $200 per square foot of grow space annually is a very conservative, but realistic expectation going forward. Yes, we have the funding necessary for expansion and no, neither Valerie or I will take any salary going forward; only monthly dividend payments, the same as our shareholders. Yes, officer shares are in fact locked up for three years minimum as they convert three years from conversion date, but we don’t have any real reason to ever convert those shares because as we’ve shared before, we are building this business to become an attractive acquisition target and whether that takes two years, three years or five, our shares are more about maintaining majority ownership than anything else. And finally, no, we do not have any significant debt". 

[loanranger]

Your so-called fact is 100% incorrect and in more ways than one:
"Fact is preferred stock untradable for 3 years at a minimum."

The preferred stock isn't tradable at all. However it can be converted AT ANY TIME.