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

snpw subsidiaries graveyard...it's not pretty by a

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Post# of 13555
(Total Views: 149)
Posted On: 05/14/2022 4:46:01 PM
Posted By: ThreeEmInEn
snpw subsidiaries graveyard...it's not pretty by any means

If my math is correct.
THREE dead. Bella Electric, Sun Pacific Security and Medi-Ri Inc

ONE Nobody knows anything about: National Mechanical Corp Group
Except being a holding cell for 2019 solar panel patents assigned from ceo to National Mechanical Group? Then the mysterious NMG name popped up as a partner in a Mexico solar farm project a few years ago. Do you think the ceo owns 100% of NMG? Maybe look it up online and order the docs at https://www.njportal.com/DOR/businessrecords/...opies.aspx

ONE on life support or already lost. Street Smart Outdoor (update below)
https://www.ripta.com/bus-shelter-advertising/
If you are interested in advertising in RIPTA bus shelters, please visit: Vector Media or call:
BERNIE TOOLE
MARKET MANAGER – PROVIDENCE
btoole@vectormedia.com
P: (401) 272-4999 ext 315

call BERNIE. lol

Source for details on subsidiaries (snpw 10-K 2021 filed 4-15-22):

https://sec.report/Document/0001493152-22-010104/
Currently, the Company has five (5) subsidiary holdings. Sun Pacific Power Corp., which was the initial company that specialized in solar, electrical and general construction. Bella Electric, LLC that in conjunction with the Company operated our electrical contracting work. Bella Electric, LLC is a Pennsylvania limited liability company. The Company also formed Sun Pacific Security Corp., a New Jersey corporation. Bella Electric, LLC and Sun Pacific Security Corp. have generally ceased operations and we are in the process of dissolving both legal entities . The Company also formed National Mechanical Group Corp, a New Jersey corporation focused on holding the Company’s patents. The Company also formed Street Smart Outdoor Corp, a Wyoming corporation that acts as a holding company for the Company’s state specific operations in unique advertising through solar bus stops, solar trashcans and “street kiosks.” MedRecycler, LLC, is a wholly owned subsidiary duly formed in the state of Nevada. MedRecycler, LLC was created in 2018 to act as a holding company for potential waste to energy projects. 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.


Page 4

As of today, our principal source of revenues is derived from Street Smart Outdoor Corp . operations in the outdoor advertising business with contracts in place in Rhode Island, New Jersey, and Tallahassee, Florida, along with some other minor contracting work that we are currently reviewing to determine if we shall continue pursuing in the future.

Page 5

imho

cheers





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