Need to understand what's real and what's fantasy

Medi-ri "was" a subsidiary of a "wholly owned" (by snpw) subsidiary named medrecycler.

Quote:

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It has no effect on the common shareholder or shares of SNPW .

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so you don't understand how medrecycler's (inc; medi-ri) financials were consolidated with snpw's financials?

medrecycler was was formed to be able to apply for the state tax exempt bond due to snpw's poor credit. so you tell me who the assets lost by medrecycler belong to? medi-ri assets and liabilities are gone and who paid the tab. you have to know the answer to that question.

in the end...who now owns the pyrolysis equipment that was stored in the medrecycler facility? you have to know the answer to that question.

there certainly was never a first medrecyler llc franchise create as you like to paint. maybe check the status of medi-ri inc in ri

https://business.sos.ri.gov/CorpWeb/CorpSearc...RCH_TYPE=1

Formed on 5-25-2018
Medrecycler llc name changed to Medi-ri Inc on 11-9-2018

Medrecycler LLC
https://opencorporates.com/companies/us_nv/E0276782018-8

2019-05-06 - 2020-11-22
Addition of officer SUN PACIFIC HOLDING CORP, member

2020-11-22 - 2021-04-08
Removal of officer SUN PACIFIC HOLDING CORP, managing member

2021-06-09 - 2021-06-16
Addition of officer NICHOLAS B CAMPANELLA, member

Medrecyler-RI Inc
https://opencorporates.com/companies/us_ri/001684794

2018-05-25 - 2020-01-08
Addition of officer NICHOLAS CAMPANELLA, director

2021-01-10 - 2021-02-06
Removal of officer NICHOLAS CAMPANELLA, director

you see how things work now?

imho

cheers