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Posted On: 09/26/2023 11:35:54 AM
Post# of 13169
Re: ThreeEmInEn #5154
And where has that yellow brick Road led us to so far
Per SEC documents
"The Company has obtained the approval for an inducement resolution for $50 million dollars from the State of Alabama, along with a 100% tax abatement on sales and use tax in support of the development of a solar assembly plant. Elba Power Corp is currently working with potential funders in support of the capitalization and development of the project."
I
Sure seems like those that can look behind the curtain sees something in SNPW they like very much, at the tune of $50,000,000.
Per SEC documents
"The Company has obtained the approval for an inducement resolution for $50 million dollars from the State of Alabama, along with a 100% tax abatement on sales and use tax in support of the development of a solar assembly plant. Elba Power Corp is currently working with potential funders in support of the capitalization and development of the project."
I
Quote:
nducement Resolution – A resolution passed by the bond issuer communicating the intent to issue bonds for a specific activity. Official Statement – The marketing prospectus used by underwriters to sell the bonds
Sure seems like those that can look behind the curtain sees something in SNPW they like very much, at the tune of $50,000,000.
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