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

Let me take a stab at it and share my opinion.

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Post# of 13555
(Total Views: 199)
Posted On: 12/20/2022 6:43:28 PM
Posted By: Wallstreet1234
Re: drugmanrx #3673
Let me take a stab at it and share my opinion.

Not so sure I would call it promising. Snpw has yet to get a loan, they are insolvent and it’s undefined how they would service a loan should they receive one. The asset I do see them potentially having is through a reverse split that would yield them approx. 900m new shares.

Snpw, to my knowledge, has never operated a manufacturing facility. They, to my knowledge, have not been in the business of manufacturing solar panels. They, to my knowledge, do not have a customer base for panels. They, to my knowledge, do not have a sales force to go out and win business. I doubt many, if any, are sitting on the sidelines saying going to wait and buy product from a start up. Two hurdles - order demand - product fulfillment.

Maybe someone can enlighten me on who and why view this as a promising venture. And please, the loi reportedly placed for product from this facility to be built needs definition. Loi from who, for what, beginning when etc.

I welcome opposing opinions.

My opinions.



"The SNPW business plan to develop and operate a major solar technology manufacturing plant in the USA is a very promising project as solar panels are being recognized at one of the most economical and dependable technologies for the emerging demand in renewable energy solutions"




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