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

Unless the company was incompetent blowing 7 mil

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Post# of 13565
(Total Views: 141)
Posted On: 05/13/2022 6:49:48 AM
Posted By: ThreeEmInEn
Re: drugmanrx #1687
Unless the company was incompetent blowing 7 mil

before they received "any and all" permits. The company clearing gambled on playing politics/ They clearly played the wrong hand.

All blame should be on the decision makers to lease a facility for over 500K per year and order over 3 mil of equipment and who knows how much on labor to assemble equipment. Then they couldn't pay the bills.

Result, lost medi-ri equipment...lost the medi-ri facility lease due to default...gave away medi-ri entity...spending a bunch of dough on legal fees.

Quote:
Unless of course RI-DEM was completely incompetently for not addressing those issues before they did a "Final Review".



imho

cheers


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