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Sun Pacific Holding Corp. SNPW
(Total Views: 144)
Posted On: 04/24/2023 4:11:44 PM
Post# of 13810
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Posted By: drugmanrx
Re: ThreeEmInEn #4416
So you wanted the company to keep paying on equipment that the company would not have a use for in the foreseeable period of time.

Seem like a terrible way to do business, doesn't it?

Take goodness the CEO found a buyer for that equipment, knocking off 8.9 million dollars of shareholder liability and deficits sure seems to be a plus for shareholders.

Would have been a bad business decision to hold on to that equipment with no place to use it, right?

BTW

I heard Elba Power Corp has been approved for a 50 million dollar insurance wrap,

And it has only been in operation with no revenue for such a short period of time too.

That must be some super business plan to get that approval. don't you think?














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