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Sun Pacific Holding Corp. SNPW
(Total Views: 127)
Posted On: 04/26/2022 12:46:43 AM
Post# of 13818
Posted By: ThreeEmInEn
The facts behind Medrecycler LLC and Medi-RI LLC set up

89%?? Who?? When is enough ...enough?

From April 4, 2019 10-K for year 2018
Through MeRecycler, LLC, the Company owns fifty-one percent (51%) of MedRecycler-RI, Inc., which was pledged by the Company to Mr. Campanella pursuant to a forbearance agreement related to debts owed to Mr. Campanella. The remaining forty nine percent (49%) of MedRecycler-RI, Inc. is held by Nicholas Campanella, personally, Marmac Corporate Advisors, LLC, and Eilers Law Group, P.A., holding thirty nine percent (39%), eight percent (8%), two percent (2%), respectfully. Mr. Campanella received his ownership as consideration for his personal pledges securing the Indenture of Trust, Marmac Corporate Advisors, LLC and Eilers Law Group, P.A. received their respective ownership as consideration for efforts and services performed. One hundred percent (100%) of the ownership of MedRecycler-RI, Inc. has been pledged to bridge financing, including any pledge rights held by Mr. Campanella in MedRecycler, LLC

You don't know what you don't own.

Do your own due diligence

imho

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