Oh yes...14C is needed or it would not have been f
Post# of 13735
(Total Views: 81)
Posted On: 05/08/2022 9:41:02 AM
Re: Wallstreet1234 #1602
Oh yes...14C is needed or it would not have been filed.
The real question is when will the company use it? It must be needed in the near term due to no alternate financing options available at the time the 14C was filed. The April 16th 10-K also supports my personal opinion here. The 10-K was filed after the 14C filing for company's strategic reasons. Please understand the company's only short term strategy. Also consider the fact that the 14C was filed after Foxess-SPP wholesaler/distributor agreement was announced. Thus, that same agreement must not be filling the gap with financial duress. And, I can't imagine the wholesale agreement with PT.IDN gives the company any financial bridge other than the ability to slap an SPP label on an Indonesian made glass solar panel. Which is contradictory to all of snpw's PR about the advantages of the company's patented "Non-Glass" solar panels over the past 4 years. The need for ramping up tweets and company-paid for press releases, about new opportunities that will bring so-called "hundreds of millions" of potential revenue, confirms the need to try and get snpw stock price to some pipedream $4 to $5 per share level through a 100:1 to 1000:1 Reverse Stock split. That backfired ...so the scramble continues. Just keep an eye on restructuring opportunities between snpw and wholly-owned subsidiaries.
Me, personally? I'm counting on a couple of sure things...shareholders will be the last to know and hardest hit with the next strategic steps the company makes during Q2 and Q3 (if there is a Q3). I also believe there will be an amended 2021 10-K filing this year. Only my opinions, because I could be wrong and I've been clueless about company's stock price getting to .10 cents since last fall. LOL
So don't rely on my opinions as opposed to making note of them.
imho
cheers
The real question is when will the company use it? It must be needed in the near term due to no alternate financing options available at the time the 14C was filed. The April 16th 10-K also supports my personal opinion here. The 10-K was filed after the 14C filing for company's strategic reasons. Please understand the company's only short term strategy. Also consider the fact that the 14C was filed after Foxess-SPP wholesaler/distributor agreement was announced. Thus, that same agreement must not be filling the gap with financial duress. And, I can't imagine the wholesale agreement with PT.IDN gives the company any financial bridge other than the ability to slap an SPP label on an Indonesian made glass solar panel. Which is contradictory to all of snpw's PR about the advantages of the company's patented "Non-Glass" solar panels over the past 4 years. The need for ramping up tweets and company-paid for press releases, about new opportunities that will bring so-called "hundreds of millions" of potential revenue, confirms the need to try and get snpw stock price to some pipedream $4 to $5 per share level through a 100:1 to 1000:1 Reverse Stock split. That backfired ...so the scramble continues. Just keep an eye on restructuring opportunities between snpw and wholly-owned subsidiaries.
Me, personally? I'm counting on a couple of sure things...shareholders will be the last to know and hardest hit with the next strategic steps the company makes during Q2 and Q3 (if there is a Q3). I also believe there will be an amended 2021 10-K filing this year. Only my opinions, because I could be wrong and I've been clueless about company's stock price getting to .10 cents since last fall. LOL
So don't rely on my opinions as opposed to making note of them.
imho
cheers
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