Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Sun Pacific Holding Corp. (SNPW) Message Board

LMAO! There you go telling only part of the story

Message Board Public Reply | Private Reply | Keep | Replies (1)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 13474
(Total Views: 143)
Posted On: 03/17/2023 9:05:10 AM
Avatar
Posted By: drugmanrx
Re: ThreeEmInEn #4021
LMAO! There you go telling only part of the story again


It was clearly explained in the filings the $40 million dollar commitment letter for a Bank Guarantee/Standby Letter of Credit on behalf of the EPC partner as security for permanent financing on the Project does not guarantee that the Project will be financed and completed,


Quote:
What happened to the Durango bank guarantee for 40 Mil and term sheet funding for 63 Mil??





Per 10q

Quote:
On May 7, 2021, Banco Bilbao Vizcaya Argentaria, S.A. (“BBVA”) presented the finance partner on the Durango Mexico 50-megawatt photovoltaic facility (the “Project”), with a $40 million dollar commitment letter for a Bank Guarantee/Standby Letter of Credit on behalf of the EPC partner as security for permanent financing on the Project. Although this does not obligate the Company in anyway nor does it guarantee that the Project will be financed and completed,{/color} management believes this to be a positive step in securing the role of National Mechanical Corp. in the Project.



SNPW told us what they were told by their partner.

SNPW was up front and transparent with their shareholders about what the bank guarantee met for the project going forward

So when SNPW is updated by their partner,SNPW update their shareholders as clearly stated in the tweet..

Thank goodness the new project SNPW is working on is being partnered with a Fortune 500 company company.




(0)
(0)




Sun Pacific Holding Corp. (SNPW) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us