I love the way there are those that love to twist
Post# of 12531
First this quote
"There were never 1000 Star Metro bus shelters being managed by the company in Tallahassee Fl. That was a lie."
Fact is the company never said there WAS 1000 Star Metro bus shelters being managed.
The exact quote from article sited
"Street Smart Outdoor Corp a wholly owned subsidiary of Manalapan based Sun Pacific Holding Corp. (OTCQB:SNPW) is now projecting $63 million in revenue from its signed contract with the (Tallahassee, FL.) Star Metro Transportation Authority to manage advertising space on more than 1000 bus shelters and benches"
The goal by both parties based on the contract was to get to 1000 not that there was already managing a 1000.
The second quote.
"There was NEVER ANYWHERE CLOSE TO 500 bus benches and NOWHERE NEAR 500 bus shelters being managed in Tallahassee Fl."
Again the company never said that there were 500 bus benches and 500 bus shelters.
The exact quote from article sited
"With nearly 500 shelters combined with 500 additional benches the company is expected to realize revenue exceeding $6.3 million per year. The agreement is for 10 years."
The company only stated what would be projected income if they were able to reach the objective.
At no time did the company state it had reach the objected.
Has the company failed to come close to reaching the goals if the signed contract, absolutely, but with 7 years remaining on the contract who know maybe they will yet.
PER 10K
"The Company is also presently in the process of adding up to 60 bus benches in the City of Tallahassee and has engaged two new commissioned sales individuals to assist the company in increasing its advertising revenues in the City of Tallahassee marketplace, along with adding improved sales advertising capabilities in an effort to improve advertising utilization.".