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Sun Pacific Holding Corp. SNPW
(Total Views: 121)
Posted On: 07/21/2024 10:51:20 AM
Post# of 13542
Posted By: ThreeEmInEn
Re: DakotaSentMe #10102
How's this for bleeding a company dry?

Check out the 1 employee operation's big money grab in 2023 compared to 2022 in the areas of SG&A.

These numbers tell you it was the final scam lap.

That's why there's no sales and no financing available. How this cat gets away with deferring salary is mind-boggling. Where did the 800K go when you put up 45K in sales and have 4,500 in cash left and only 1 employee, no assets, no offices, no shipments, sales?

easy to live high on the hog at almost 70K per month.

Operating Expenses:
Wages and compensation
2023 - 225,984
2022- 40,458
Professional fees
2023 - 297,401
2022 - 19,390
General and administrative
2023 - 260,923
2022 - 21,125
Total operating expenses
2023 - 784,308
2022 - 80,973

in my opinion

cheers













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