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Umm...forget about MedRecycler LLC? What ever r

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Post# of 13597
(Total Views: 149)
Posted On: 04/14/2023 12:49:00 PM
Posted By: ThreeEmInEn
Re: drugmanrx #4286
Umm...forget about MedRecycler LLC?

Quote:
What ever revenue that will be produced from Elba Power Corp though Sun Pacific Power corp will be consolidated into SNPW's financials and will benefit SNPW shareholders.



What a bad road to take. Maybe someone forgot about Medrecycler LLC (snpw subsidiary) having to step aside (snpw bad credit) for TOMATO Medi-Ri (subsidiary of Medrecycler LLC) to get approved for a bond. Now, ask yourself where Medrecyler LLC and Medi-Ri are today? DID THAT benefit SNPW shareholders?

Please don't forget snpw deconsolidated TOMATO Medi-Ri from its financials[/b] and took a 3 mil write-off and then ended up in snpw ceo's hands (check Ri SOS website) as its new ceo. DID THAT benefit SNPW shareholders?

Think about the convenience of TOMATO EPC becoming a wholly-owned subsidiary (as a "power plant" not solar panel plant) and then the details of the TOMATO EPC corporate structure (profit sharing agreement?) show up in some filing. Then someday might not be a snwp subsidiary any longer for non-performance quotas/payments due.

Have a nice weekend.

in my humble opinion

cheers



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