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Sun Pacific Holding Corp. SNPW
(Total Views: 172)
Posted On: 02/09/2023 5:58:13 PM
Post# of 13551
Posted By: ThreeEmInEn
Very Weak Leadership. Company has failed at every turn over the past 5+ years.

Track record is horrendous. Twitter is no longer the savior.

Read the filings to learn about the last 5+ years

Bella Electric subsidiary - dissolved

Sun Pacific Security - dissolved

Streetssmart subsidiary - on it's last leg after Ri transit contract terminated. Filing shows no more than $3,300 of monthly income across 40 NJ bus shelters and 100's of Florida bus benches.

Medrecycler LLC subsidiary - looking more and more like no longer a snpw subsidiary as the entity's status has been in default with state of Nevada since June 2022; registered agent has resigned; snpw (ceo) pledged 100% of the stock to the ceo (himself) as of December 31, 2022

Light Towers - nothing happening - zero sales - promoted on twitter (not available on websites)

Solar Bus Shelters nothing happening - never installed - for sale on twitter (not available on websites)

Australia Feed Stocks - never happened after 1 1/2 years

Australia solar farm - supposed funding source identified - never happened going on 3 years - - no mention of subsidiary National Mechanical Group (project partner w/ Reeau) for almost a year.

Durango, Mexico solar farm - supposedly funded - never happened after 4 years

Non-glass solar panel UL Certification - never happened after 3 years since patents issued

2022 3Q 10-Q/September 30, 2022 - $1,200 accounts receivables remaining

PT.IDN OEM - zero SPP solar panel sales after 11 months as partner

Foxess global distributor - zero battery sales and zero distribution (no product shipped from Foxess since June 2022)

Recap on 6 subsidiaries:

2 dissolved
1 on its last leg
1 uncertain if still a subsidiary as December 31, 2022 (in default with state of Nevada)
1 not mentioned for nearly a year being named an Reeau partner for Australia project

Read about them all right here:
https://www.theglobeandmail.com/investing/mar...sreleases/

But there's always the new darling "EPC Power" tweets to keep you on the edge of your seats in fantasyland for another quarter or two.

in my humble opinion

cheers and good luck



























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