Durango, Mexico Press Release Nov-2019 Sound famil

Durango, Mexico Press Release Nov-2019 Sound familiar?

DURANGO, MEXICO

Nov-2019

https://www.globenewswire.com/news-release/20...ct-in.html

Key wording to lead off the Press Release
MANALAPAN, N.J., Nov. 20, 2019 (GLOBE NEWSWIRE) -- Sun Pacific Holding Corp. (Other OTC: SNPW) announces that its wholly owned subsidiary National Mechanical Group (“NMG”)...

... has identified , received preliminary terms , and is proceeding with due diligence including a site visit in December with a project funding source/partner in support of its partnership with SEDI to build and develop the Durango, Mexico Solar Farm Project.


The proposed project funding would be for up to $80 million in capital to build a 40 plus megawatt solar farm in which NMG and SEDI would own a thirty percent equity interest in the completed project.

$80 million to build a 10-40 MW solar farm?? Please research the cost projections. lol

Then research the project revenue for a 10 MW-40MW solar farm. lol

Quote:

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Nicholas Campanella, CEO of Sun Pacific Holding Corp, stated, “We are very pleased that

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we have identified and are starting due diligence with a potential funding source/partner

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for the project in Durango, Mexico. We look forward to working with them as they move through their underwriting , analysis and site visits

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Mr. Campanella further added, “While we diligently evaluate and work on new ways to build stakeholder value, we would like to reaffirm that, at this time, the company is not undertaking a reverse stock split and prior to such action we would inform our stakeholders. We continue to wait and watch to see how the market reacts to how our various projects evolve to determine if and when the need for such an action might be appropriate

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The company looks forward to keeping its stakeholders aware of the progress of our partnership in Durango, Mexico ...

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Blissful Holdings LLC.
For more information, visit www.blissfulholdings.com. (Site No Longer Active)

Can somebody find anything about this company (Blissful subsidiary)?
Soluciones De Energia Diversificada Internacional
Spanish name: Soluciones De Energia Diversificada Internacional, S.A.P.I. Nickname: “SEDI”
English translation: International Diversified Energy Solutions

A dormant SNPW subsidiary? Research it though
National Mechanical Group

for the eyes that matter

in my humble opinion

cheers