$SNPW is on the rise and the reasons were clearly
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Posted On: 05/08/2020 10:30:56 AM
Re: trooperstocks #14949
$SNPW is on the rise and the reasons were clearly spelled out in the news from the company this week. Perhaps the most significant factor leading to the climb that is starting now is the final expiration on the financing warrants that just occurred.
Note from the May 6th SNPW news:
On April 30, 2020, the remaining warrants, as part of a convertible debt issuance between the Sun Pacific Holding Corp and EMA and Auctus expired. This brings to a conclusion the conversions of convertible debt and warrants held by EMA and Auctus for common stock in the Company which had been exerting pressure on the common shares of the company due to the high levels of conversions and subsequent sales of its common stock share price.
Sun Pacific Holding Corp Provides Update on Company Filing Status, Operations, and Projects
News Link:
https://www.globenewswire.com/news-release/20...jects.html
Note from the May 6th SNPW news:
On April 30, 2020, the remaining warrants, as part of a convertible debt issuance between the Sun Pacific Holding Corp and EMA and Auctus expired. This brings to a conclusion the conversions of convertible debt and warrants held by EMA and Auctus for common stock in the Company which had been exerting pressure on the common shares of the company due to the high levels of conversions and subsequent sales of its common stock share price.
Sun Pacific Holding Corp Provides Update on Company Filing Status, Operations, and Projects
News Link:
https://www.globenewswire.com/news-release/20...jects.html
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