2017 1st Reverse Split & Mysterious Lighting Co.
Post# of 13180
See article below: But, where is the online sales catalogue for electrical and lighting products? Maybe this company? Maybe this backdoor website online store coming from Sun Pacific's website??
http://store.sunpacificpower.com/temporary-light/
Never saw this company (Intelligent Lighting Corp) with the same business address and phone # as Sun Pacific Power mentioned in any filings??
This former board member has an electrical company, but no more Snpw subsidiary electrical company??
https://www.bizapedia.com/nj/g-rod-electric-corp.html
https://www.bloomberg.com/press-releases/2017...on-of-a-re
[November 3, 2017, 6:00 AM EDT
Sun Pacific Holding is pleased to announce its corporate action changing the
name of the company and the implementation of a reverse stock split.
Manalapan, New Jersey, Nov. 03, 2017 (GLOBE NEWSWIRE) -- EXOlifestyle, Inc.
(OTCQB: EXOLD) announced the formal name change to Sun Pacific Holding Corp,
effective as of Friday, October 13, 2017 along with a reverse stock split at
50:1 ratio. For a period of 20 trading days, the company’s trading symbol
shall be EXOLD, indicating a corporate action has taken place. At the end of
the 20 days, our symbol shall change to (OTCQB: SNPW) the reverse stock split
also triggers the conversion of certain preferred stock and the settlement of
certain debts . As a result, the issued and outstanding of common capital stock as of the date of this press release is approximately 56,000,000 shares.
Sun Pacific Holding Corp. is a well-established service provider and media
company with IP in “next generation” solar technology with the ability to
manufacture solar panels without glass used in production. A unique
opportunity for utilization in many more applications along with better
margins due to less costly material.
The name change is a result of the acquisition of Sun Pacific Power Corp. and
all its subsidiary interests. Sun Pacific Holding operates in four distinct
business divisions: Electrical Contracting, Solar Generated Product
Manufacturing, an Advertising Division and an Online Sales Catalog for Electrical Products . The company offers competitively priced "Next Generation" solar panel and lighting products by working closely with design, engineering, integration and installation firms in order to deliver turnkey solar systems to its customers. In addition, Sun Pacific Holding Corp. has several subsidiaries related to specialized operations in electrical, plumbing and general construction.
As one of the conditions to the acquisition all existing convertible debt has
been converted to equity. Nicholas B. Campanella, CEO/ Chairman of Sun Pacific
commented, ”Going forward having a clean capital table was very important to
me. I now have a company already generating cash flow that only needs funding for expansion. We want to make sure that we can take advantage of all of the wonderful opportunities currently provided to us and make sure that our
shareholders can benefit from our expanding company. We already have many
outstanding commitments for our Solar Powered Bus stops to fulfill and we have been called upon as a solution for several of our nation’s recent natural
disasters to help in providing power once again in areas still without power.
It is now time for me to deliver on performance for our shareholders and I
welcome the challenge.”
As reported on August 17, 2017 the company has appointed the following Board
of directors, their resumes and additional information are available on our
website www.sunpacificholding.com
Appointees to the Board:
Nicholas Campanella Director, CEO
William Singer Director, President
Gregory Rodman Director
Vincent Randazzo Director
Sumair Mitroo Director
Additional information on this transaction can be reviewed on EDGAR. Form 8-K filed with the U. S. Securities and Exchange Commission on August 18, 2017 .
For more information on Sun Pacific Holding Corp. visit
www.sunpacificholding.com
imho
cheers