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  4. Sun Pacific Holding Corp. (SNPW) Message Board

There is an old proverb 'A Little Knowledge Is A D

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Post# of 13514
(Total Views: 128)
Posted On: 04/29/2022 11:47:37 AM
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Posted By: drugmanrx
Re: ThreeEmInEn #1353
There is an old proverb 'A Little Knowledge Is A Dangerous"

"So you do understand that SINCE JANUARY 2021... nothing has happened except:

" "This is totally incorrect."


"company office and facility leases terminated "
Facility obligation along with Medrecycler-RI debt was sold for a profit participation

" On May 28, 2021, MedRecycler, LLC, exchanged its 51% interest in MedRecycler RI, Inc. a Rhode Island Corporation for a profit participation agreement with MedRecycler RI, Inc. MedRecycler RI, Inc. was created for the Medical Waste to Energy facility that the Company was attempting to finance and operate in West Warrick, Rhode Island. The Company no longer consolidates MedRecycler RI, Inc. as of May 28, 2021 and all Assets and Liabilities have been sold and/or settled."

"2 more subsidiaries listed as dormant"

2020 10K
Bella Electric, LLC and Sun Pacific Security Corp. have generally ceased operations, but we maintain the subsidiaries in case we find opportunities to relaunch our operations."
"Sun Pacific Security Corp., a New Jersey corporation. Currently the Company has not begun operations in the security sector."



"Medi-RI permit denied

" Med-RI is in the appeal process


"no more ownership in Medi-ri"

Franchised, with a profit participation agreement. as we were told in the 2020 10K

"3 years since Mexico project announcement.." Recent change in politics in Mexico, project still a go .

Mexican president’s radical energy reform defeated in congress



"Australia fell off the map along with feedstocks idea"

These guys disagree, Brian Romer, CEO of Renewable Energy Engineers and Cameron McKenzie, CEO of ASPIRE,

"going on year 3 with no UL cert for solar panels"

That true is, but you forget to mention that for the time being SNPW will be rebranding and selling UL certified Solar Panels made by PT. IDN SOLAR TECH. (“IST”) and building a manufacturing facility in the US.


https://finance.yahoo.com/news/sun-pacific-ho...00224.html

"bus stop revenue appears to have been outsourced or subleased

' 2020 10K "The State of Rhode Island is also exploring options of purchasing those bus shelters from the Company"

"Preferred shareholders approved a Reverse Split between 100:1 and 1000:1 triggering a 14C filing effective for up to 11+ more months" .

Preferred shareholders approved a Reverse Split between 100:1 and 1000:1 was also on the books 2019. 2020 and early 2021 and was cancelled February 2021. While the RS was hanging over the company head the stock price rose from 0.002 to 34.9 cents.


What is also conveniently left out besides the Medrecycler- RI denial in appeal,
the Medrecycler-RI being sold for a profit participation agreement , All debt and obligations of the Medrecyler-RI removed from the companies books, an agreement to rebrand PT. IDN SOLAR TECH. (“IST) solar panels under the SNPW brand and sart selling immediately with panels made in Indonesia UNTIL A US MANUFACTURING PLANT IS BUILD is the FoxEss distributorship.

FoxEss a subsidiary of a fortune 500 company Tsingshan Group who plans to be a major brand in their sector choose SNPW to bring their products to North America, South America and Australia.

https://www.pv-magazine.com/magazine-archive/...owerhouse/

So to state "that SINCE JANUARY 2021...nothing has happened except:" is totally misinformed and needs to do real DD.

BTW

Why try to pass old news that has been transparently known from the 2020 10K. other past SEC filings and the count less U Tube videos of the RI-DEM and West Warwick Planning board as if it is new revelation for shock value?





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