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Posted On: 01/19/2018 7:57:27 PM
Post# of 103430
$SIGO: Sunset Island Group Announces Three Year Lock-Up Agreement On Over 90% of All Outstanding Shares
PR Newswire
SAN CLEMENTE, Calif., Aug. 15, 2017
SAN CLEMENTE, Calif., Aug. 15, 2017 /PRNewswire/ -- SUNSET ISLAND GROUP, INC. (OTCQB: SIGO) announced today that the company is executing a formal three year Lock-Up Agreement with respect to 91.94% of all outstanding shares.
CEO T.J. Magallanes stated, "We are in this for the long haul. As we expand our operations, we will do so with the focused mindset of capturing as much market share as possible. In order to provide one more example of how committed we are to both the business and the shareholders, Valerie and I will be locking up our combined 46M shares for the next three years."
CFO Valerie Baugher stated, "With this step, we are reaffirming to our employees and shareholders that we believe strongly in the vision of the company. We want everyone involved in the business end of things to focus strictly on the operation and not worry about stock value, market cap or anything else unrelated to building our business and our brand. If we do so, stock value, market cap, etc. will take care of itself."
Ms. Baugher finished up with, "As mentioned in a previous release, we will provide updates on our expansion and specific details on the monthly dividend later this month. As always, we thank you for your support."
http://www.otcmarkets.com/stock/SIGO/news/Sun...01&b=y
PR Newswire
SAN CLEMENTE, Calif., Aug. 15, 2017
SAN CLEMENTE, Calif., Aug. 15, 2017 /PRNewswire/ -- SUNSET ISLAND GROUP, INC. (OTCQB: SIGO) announced today that the company is executing a formal three year Lock-Up Agreement with respect to 91.94% of all outstanding shares.
CEO T.J. Magallanes stated, "We are in this for the long haul. As we expand our operations, we will do so with the focused mindset of capturing as much market share as possible. In order to provide one more example of how committed we are to both the business and the shareholders, Valerie and I will be locking up our combined 46M shares for the next three years."
CFO Valerie Baugher stated, "With this step, we are reaffirming to our employees and shareholders that we believe strongly in the vision of the company. We want everyone involved in the business end of things to focus strictly on the operation and not worry about stock value, market cap or anything else unrelated to building our business and our brand. If we do so, stock value, market cap, etc. will take care of itself."
Ms. Baugher finished up with, "As mentioned in a previous release, we will provide updates on our expansion and specific details on the monthly dividend later this month. As always, we thank you for your support."
http://www.otcmarkets.com/stock/SIGO/news/Sun...01&b=y
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