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Sun Pacific Holding Corp. SNPW
(Total Views: 166)
Posted On: 07/06/2022 11:24:15 PM
Post# of 13818
Posted By: ThreeEmInEn
Re: Wallstreet1234 #2297
Maybe tweetie bird will update the shareholders?

On the face of things, it looks real lousy. 10 yr contract, now 5 yrs deep, with dismal 4 yr annual average 225K revenue range. Quite a cry compared to the 2 mil projected in 2018 press release (link below).

https://www.globenewswire.com/fr/news-release...tract.html

Quote:
At this pace of growth we believe we shall meet our full year goals that will result in building out a recurring revenues base of up to approximately $2 million per year on a run rate basis under this contract ,” stated Nicholas Campanella, CEO of Sun Pacific Holding Corp.



These ridiculous revenue projections in press releases never end. Seemingly, 10% annual performance of what was projected?

Revenue is not a stronghold with the company over the past 5 years. But, it seems there's always another planned project (iron in the fire) that will bring tens of millions.

imho

cheers














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