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."
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
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