You boys arguing over SIGO, the greatest MJ Company of all time. Frustration appears to be setting in. FYI, today’s conversion price is $.21 that’s what Johns buying for and letting out a few at $.35 - Regardless, SIGO on this Monday morning is.........shocker, DOWN in the RED for the 100 and somethingth day in a row, today so far down 9.09% while every other stock in the sector is green. Yea, yea, yea I know everything is great on Beach Island. The Island where apparently they like losing losing money.
466710 times .21 equal $98009.10
Next conversion 14 cents.
Just wondering about people’s thoughts today on the SIGO Trading action. As of now there have been 59250 shares traded today which is high considering the stock is at 34 cents. Not sure about all this but someone at IHUB claimed that shares Fife owns of 466710 are converted to 1/2 price of stock at 21 cents so from 1/2 of 42 cents on some formula they use so if he selling today at 34-36 cents that is a pretty good profit from 21 cents. Also was low volume last week and maybe the 6 month period started today since even though the Fife transaction took place on February 13 I believe and SIGO did not receive the funds till February 20 maybe the first day he can sell is today August 20. Would not make sense for retail to sell at 34-36 cents but the bashers at IHUB today we’re hard at work and maybe some stop losses were taken out could be only other explanation. Mark44 at IHUB disagrees and thinks no conversions till a form 10 is filed so Fife can not dilute an sell yet. I was thinking Fife was holding shares for a higher price but maybe he will sell some or all now with unknowns on revenue. Comments please welcome.
59,250
466710 times .21 equal $98009.10
Next conversion 14 cents.
Just wondering about people’s thoughts today on the SIGO Trading action. As of now there have been 59250 shares traded today which is high considering the stock is at 34 cents. Not sure about all this but someone at IHUB claimed that shares Fife owns of 466710 are converted to 1/2 price of stock at 21 cents so from 1/2 of 42 cents on some formula they use so if he selling today at 34-36 cents that is a pretty good profit from 21 cents. Also was low volume last week and maybe the 6 month period started today since even though the Fife transaction took place on February 13 I believe and SIGO did not receive the funds till February 20 maybe the first day he can sell is today August 20. Would not make sense for retail to sell at 34-36 cents but the bashers at IHUB today we’re hard at work and maybe some stop losses were taken out could be only other explanation. Mark44 at IHUB disagrees and thinks no conversions till a form 10 is filed so Fife can not dilute an sell yet. I was thinking Fife was holding shares for a higher price but maybe he will sell some or all now with unknowns on revenue. Comments please welcome.
59,250
