Nicholas Campanella, CEO of Sun Pacific Holding Corp, stated, “We believe we have several projects developing that may benefit shareholders and the Company in the future. As we look at developing these projects, we need to have our contractual obligations and corporate structure in sufficient order to meet those requirements. Those requirements may require us to be flexible in how we address creditworthiness, working capital, and capital requirements that our partners may require. Having that flexibility in place to act quickly should help us respond to opportunities and partnership that should benefit our stakeholders.”
https://finance.yahoo.com/news/sun-pacific-ho...00356.html