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Sun Pacific Holding Corp. SNPW
(Total Views: 92)
Posted On: 04/18/2023 9:23:30 AM
Post# of 13895
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Posted By: drugmanrx
Interesting things to note for 10K

Weighted Average Shares Outstanding - Diluted decreased 141,884,362 shares, 2022 974,953,335 shares 2021 1,116,837,697 shares

Officially Medrecyler LLC , Bella Electric and Sun Pacific Security are no longer subsidiaries of SNPW
"Currently, the Company has four (4) subsidiary holdings. Sun Pacific Power Corp., which was the initial company that specialized in solar & other renewable energy projects., National Mechanical Group Corp,Street Smart Outdoor and Elba Power Corp.

"The Company disposed of a component of its business pursuant to a Net Profit Participation Agreement dated May 28, 2021, resulting in the Company no longer controlling the subsidiary, which met the definition of a discontinued operation. Accordingly, the operating results of the business disposed are reported as income (loss) from discontinued operations in the accompanying consolidated statements of operations for the year ended December 31, 2021":













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