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Sun Pacific Holding Corp. SNPW
(Total Views: 130)
Posted On: 04/02/2023 10:55:12 PM
Post# of 13514
Posted By: ThreeEmInEn
Re: drugmanrx #4101
Someone's on a horrible wrong streak.

Quote:
So it looks like the Payroll Protection Program gave the company the funds that was contractually owed him saving the company a $180,000 down the road which it was OBLIGATED to pay per contract.



Wrong again! Employment agreement was signed in 2017. PPP was only eligible for years 2020 and 2021. And please read the filings and do the math on the books owed to the ceo as deferred salary. Let me know if you see a deduct for 66K of PPP.

Quote:
"An employee is someone who gets paid to work for a person or company. Workers don't need to work full time to be considered employees—they simply need to be paid to work by an employer"



Wrong again. Think anyone could find W-2's for those employees (engineer and attorney)? Ain't getting any PPP without a W-2. Please tell me you know this stuff. Or knew it and forgot it.

This was already hashed out on another message board awhile ago.

in my humble opinion

cheers















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