Sunset Island
Group Announces Update on
Expansion and Retro Fit of
Greenhouse
Salinas, CA -- February
7, 2018 -- InvestorsHub NewsWire -- SUNSET ISLAND GROUP, INC.
(OTCQB:
SIGO) is pleased to provide an update to its shareholders
regarding the Retro Fit and Expansion of the Company's
operations.
The Company has been in the
process of retro fitting our current greenhouse. The retro fit is
two phases Phase 1 is the retro fir of the current greenhouse
operations and Phase 2 is the building of a new greenhouse on the
Company's bare land or retrofitting another greenhouse on the
property.
To date the company has
accomplished the following items as part of the retrofit of
Phase 1:
- (1)Completed rewiring the
greenhouse to provide the additional power needs for the retrofit.
This was completed on January 20, 2018.
(2) Installed 90 LED lights in our grow bays with 120 lights to be
installed by February 28, 2018.
(3) Installed 8 "Sensor Push" atmospheric sensors in the
greenhouse. The sensors provide wireless thermometer / hygrometer
readings with alerts. The sensors allow the company to monitor the
Sensor Push sensors remotely and with the cloud service we can
receive current conditions, alerts and the full data history of
each grow bay.
(4) Converted the clone room and operations to a Coco Coir and
hydroponics system.
(5) Begun planting 2 bays with Coco Coir.
(6) Increase the number of plants in each bay to 1,150 (up from 480
plants).
(7) Built out new dry rooms.
(8) Built out new trim rooms.
(9) Installed 12 cameras in the greenhouse and dry/trim rooms.
(10)Begun build out of manufacturing room.
(11) Begun build out of distribution room.
The Company's current
greenhouse operations are conducted with 12,000 square feet
greenhouse, 1,000 square foot warehouse and approximately 9,000
square feet of bare land that the Company currently has temporary
buildings on for administration purposes.
The goal of the retro
fit for Phase 1 is to increase the growable space in the current
greenhouse to approximately 22,000 (with a vertical grow) with
approximately 85% being canopy space (or approximately 19,000
square feet). The Company's goal is to yield 0.08-0.10 pounds per
growable space and to have 5 harvests.
For Phase Two, the
Company would ideally begin to retro fit another greenhouse
currently located on the property. In September 2017, the Company
agreed to take over a greenhouse located on the property that is
32,000 square feet. The current leaseholder is finishing his grow
operations in the space. The Company would ideally retro fit that
space in similar manner to the reto fit being completed within our
current greenhouse. We expect the budget for the that retro fit to
be between $1,800,000 and $2,000,000. This would increase our
growable canopy space by an additional 50,000 square feet (with a
vertical grow). Thereby, giving the Company 72,000 square feet of
available canopy space. However, the Company wants to complete the
current reto fit within the 12,000 square foot greenhouse and have
completed the investment needed to retro fit the 32,000 square feet
prior to absorbing the costs associated with the 32,000 square feet
greenhouse. Additionally, the Company has been given permission
from the land owner to build a new greenhouse on the 9,000 square
feet of bare land that it currently leases. The Company ideally
would like to build the new greenhouse as Phase 3 and add
additional canopy space to its operations.
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.