Replies to post #39632 on Sunset Island Group Inc (SIGO)

[loanranger]

Are you sure about that? I'm pretty sure that the llc is the majority owner based on their Preferred holding.
"Each holder of shares of Series A Preferred Stock may, at any time and from time to time, convert (an “Optional Conversion”) each of its shares of Series A Preferred Stock into fully paid and nonassessable shares of Common Stock at a rate equal to 1 Series A share for 10 shares of the Common Stock."

"On October 26, 2017, Valerie Baugher transferred her 920,000 shares of Series A Preferred Stock to BMG Group, LLC. Ms Baugher is the managing member of BMG Group, LLC. TJ Magallanes sold 3,036,000 shares of his Series A Preferred Stock to BMG Group, LLC. TJ Magallanes retained 644,000 shares of the Series A Preferred Stock. The terms of the Series A preferred stock have not been changed or modified."


It looks like BMG is the majority owner w/TJ 2nd and VB 3rd.