Replies to post #45365 on Sunset Island Group Inc (SIGO)

[surfkast]

Does the information surprise anyone? JWM set ul1 his stooges to rip off investors. Today's trading looks suspicious as hell. Self enrichmdnt to the nth degree.

[loanranger]

There's more NEW stuff in the Amendment than there was OLD stuff in the original.

You noted a lot of it.
They had a similar situation to the Cicero busted deal with Job Growing:
"On November 30, 2018, pursuant to a purchase agreement entered into by and between SIGO and Job Growing, Inc. (“Job Growing”) the Company issued 333,000 shares of Series C Preferred Stock, valued at $1,000,000, to Job Growing, in exchange for the rights to 50% of the net profits of Job Growing. In the event that Job Growing either: (i) files a registration statement, with the Securities and Exchange Commission (the “SEC”), to become a reporting company under the Securities Exchange Act of 1934; or (ii) is acquired by an unrelated third party, then SIGO has the right to buy a fifty percent (50%) equity interest in Job Growing for the additional consideration of one and no/100 dollar ($1.00).

On September 17, 2019 Job Growing notified the Company of its intent to terminate the agreement between Job Growing and the Company effective immediately.

On August 15, 2019, the Company received a true up notice from Job Growing to issue 576,091 shares of Series C Preferred Stock to Job Growing valued at $633,700, pursuant to the terms of the purchase agreement signed on November 30, 2018."

And there's another series of notes in there that I don't think were revealed previously.


I'm pretty sure we could spend a week digging for buried treasure in both filings but it's clear that Borgers made them add some interesting revelations. I'll bet they REALLY regret taking this engagement.