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

Waiting on tweets while Reverse/Split black cloud

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Post# of 13738
(Total Views: 113)
Posted On: 05/30/2022 10:29:45 AM
Posted By: ThreeEmInEn
Re: drugmanrx #1968
Waiting on tweets while Reverse/Split black cloud still looming


Quote:
This year, when the company became the distributor of FoxEss for North America, South America,Australia,and are selling their own Solar panels, or have an agreement to build a Solar panel manufacturing facility in the US, while they appeal the Medrecycler-RI denial, while waiting to brake ground in the fully funded Durango Solar Farm, while having REEA helping them sell SNPW Solar panels and FoxEss products in Australia,and after they increased street smart outdoor sales 3.5 times over Ist quarter last year.

Are they the good feeling your talking about?



Yes, those are the exact same projects, announced, going back nearly 3 years ago, All of those projects have not materialized to date and have not generated a dime of revenue but millions of debt exchanged for major stock dilution through shares handed out to the tune of hundreds of millions to eliminate debt. So please don't brag about reduced shareholders' liability on any filing. It's very clear that shareholders have paid the price for company's lack of execution and insolvency since company's inception.


23 batteries delivered following a piece of paper, from a brand new manufacturer, selling brand new products, announcing its new distributor, with no experience in the battery/inverter space. This same new Foxess distributor that had to immediately solicit to potential co-distributors and storage facilities following its agreement. How much more can a company cut the pie to set itself up for another bus shelter advertising model that has lost 100K+ per year since it's startup? That same business just had 33% of its rhode island bus stop inventory ripped away by a competitor. Why? They seem to have no experience in that space also.

Some are on the seat of their pants waiting for the next tweet...while real investors are waiting on the Definitive 14C filed last month and looming overhead.

imho

cheers


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