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Sunset Island Group, Inc. SIGO
(Total Views: 330)
Posted On: 05/13/2022 8:35:33 AM
Post# of 2219
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Posted By: adirondackhi
Re: growdoe #2161
Remember, MCOA will soon have the audit of SIGO/VBF Brands in hand. At that point we should see the value of the common stock, which I believe will be adjusted somewhat based on anticipated earnings and with the 4+ million debt that's being taken over by MCOA. Once all the numbers are crunched we should hopefully see them agree to a price for all outstanding shares which we'll be paid following the closing for the shares we hold. If it goes that way we won't need publicly traded shares to cash out, but we'll probably get cashed out at the determined price whether we like it or not. I'm not 100% certain that it'll go that way on closing, but I believe it will based on a quick read-through of the MCOA filings. The share structure is nice and tight, so the price could be a good one.













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