Sunset Island Group Announces
Three Year Lock-Up Agreement On Over 90% of All Outstanding
Shares
SAN CLEMENTE, CA -- August 15, 2017 -- InvestorsHub
NewsWire -- 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.
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.
Contact:
Sunset Island Group
info@sunsetislandgroup.com
(424) 239-6230