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Sun Pacific Holding Corp. SNPW
(Total Views: 165)
Posted On: 05/20/2023 3:42:44 PM
Post# of 13828
Posted By: ThreeEmInEn
NO loan means very short runway

NO path forward without a loan or some toxic loan having to give away the farm.

NO ability to drive revenue for over 5 years straight.

LOST primary revenue transit advertising contract

Every solar planned/announced project has FAILED (never even started)

NO chance of sustaining continued losses at 5X revenue much longer

NO products being shipped

NO corporate office

NO warehouse for Americas' foxess distribution

NOT $1 of foxess product sales/distribution since day 1 of partnership (18 months)

NO Spp branded solar panels being produced since day 1 of partnership (16 months)

TOO much unpaid cumulative debt on the books since day 1

Shareholders holding the bag from 600+ million shares issued in 2018-2020

A stock now suffering badly due to poor business decisions, coupled with no experience/peanuts for sales and no idea how to manage millions of dollars borrowed other than issuing convertible shares to offset loans.

in my humble opinion

cheers



















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