SIGO reduces A/S from 100M to only 20M Sunset I
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Posted On: 01/26/2018 1:46:00 PM
SIGO reduces A/S from 100M to only 20M
Sunset Island Group Announces 80% Reduction In Authorized Shares
Jan 26, 2018
OTC Disclosure & News Service
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SAN CLEMENTE, Calif., Jan. 26, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- SUNSET ISLAND GROUP, INC. (OTCQB:SIGO) announced today that the company will immediately move to adjust the authorized share count to twenty million (20,000,000).
CEO Valerie Baugher stated, "Over the past few months, I've sensed that with each call and email we receive from shareholders, they're always looking for confirmation or legitimacy as it pertains to our business model and what we have planned as a company. Nothing lends more credibility for shareholders of any company in my opinion than adjusting your share structure in a way that reflects your rhetoric."
Ms. Baugher went on to say, "At the same time, we will adjust our fiscal year end to 3/31 of each year. This reduction in the authorized share count is a commitment of sorts to shareholders that we are building out a strong cannabis grow operation and while doing so, we have their best interests in mind."
Ms. Baugher finished up with, "We hope to have these adjustments completed by mid-February at the latest and will update OTCMarkets.com accordingly. As always, we thank each of you for your ongoing support."
Sunset Island Group Announces 80% Reduction In Authorized Shares
Jan 26, 2018
OTC Disclosure & News Service
-
SAN CLEMENTE, Calif., Jan. 26, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- SUNSET ISLAND GROUP, INC. (OTCQB:SIGO) announced today that the company will immediately move to adjust the authorized share count to twenty million (20,000,000).
CEO Valerie Baugher stated, "Over the past few months, I've sensed that with each call and email we receive from shareholders, they're always looking for confirmation or legitimacy as it pertains to our business model and what we have planned as a company. Nothing lends more credibility for shareholders of any company in my opinion than adjusting your share structure in a way that reflects your rhetoric."
Ms. Baugher went on to say, "At the same time, we will adjust our fiscal year end to 3/31 of each year. This reduction in the authorized share count is a commitment of sorts to shareholders that we are building out a strong cannabis grow operation and while doing so, we have their best interests in mind."
Ms. Baugher finished up with, "We hope to have these adjustments completed by mid-February at the latest and will update OTCMarkets.com accordingly. As always, we thank each of you for your ongoing support."
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