Replies to post #43811 on Sunset Island Group Inc (SIGO)

[integral]

Then this becomes a problem:

We are currently in the development stage and have nominal operations and minimal assets, which makes us a “shell company”

https://www.sec.gov/Archives/edgar/data/1689066/000147793216013601/sun_s1.htm

[chemist72]

Absolutely correct surfkast.

I never intended my post about the extended temporary licenses to be an encouragement to BUY SIGO shares. In fact, as you say, those extensions could just have been done to make current (and also possibly new) investors feel more positive about buying SIGO shares.

However, in fact, SIGO's historical trading data shows that most people are not being "enticed" to buy SIGO shares. Over the past 10 trading days SIGO has not closed over $.40 even once. Also, average trading volume over that time is a pathetic 6,500 shares/day.

The "curious" thing to me is how well (so far) SIGO has been able to hold above $.30. Don't know when or what it will take for SIGO share price to fall BELOW $.30, but my guess would be that when that happens, its fall will be rather quick and steep. No predictions by me, though, on how low or when that might happen.