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Posted On: 04/10/2023 12:50:15 PM
Post# of 13163
Re: ThreeEmInEn #4193
10K is OLD NEWS, To day[ b] 8K is current news [/b]
Section 8 – Securities and Trading Markets
Item 3.03 Material Modification to the Rights of Security Holders.
SNPW Wholly Owned Subsidiary Elba Power Corp Executes $2.95 Million Property Purchase Contract in Elba, AL for Solar Manufacturing Plant
https://ih.advfn.com/stock-market/USOTC/sun-p...filing-8-k
'Elba Power Corp (“EPC”) has executed its contract to purchase the property in Elba AL for its Solar Manufacturing Property for the sum of $2,950,000."
“We have been working diligently in obtaining our insurance wrap to protect our investment in the project as well as receiving state approvals and executed agreements to proceed with acquiring the 200k Sq. Ft. property.”
“The state has approved an inducement resolution for $50 million dollars and a 100% tax abatement on sales and use tax which will save us millions of dollars for our equipment and development. Our insurance wrap allows us to offset the risk for our key funders.”
Section 8 – Securities and Trading Markets
Item 3.03 Material Modification to the Rights of Security Holders.
SNPW Wholly Owned Subsidiary Elba Power Corp Executes $2.95 Million Property Purchase Contract in Elba, AL for Solar Manufacturing Plant
https://ih.advfn.com/stock-market/USOTC/sun-p...filing-8-k
'Elba Power Corp (“EPC”) has executed its contract to purchase the property in Elba AL for its Solar Manufacturing Property for the sum of $2,950,000."
“We have been working diligently in obtaining our insurance wrap to protect our investment in the project as well as receiving state approvals and executed agreements to proceed with acquiring the 200k Sq. Ft. property.”
“The state has approved an inducement resolution for $50 million dollars and a 100% tax abatement on sales and use tax which will save us millions of dollars for our equipment and development. Our insurance wrap allows us to offset the risk for our key funders.”
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