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

ceo forgiving debt after 162K quarterly loss fr

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Post# of 13634
(Total Views: 97)
Posted On: 08/14/2023 6:12:29 PM
Posted By: ThreeEmInEn
ceo forgiving debt after 162K quarterly loss

from operations.

kazi will probably tell you that debt forgiveness is coming back around from somewhere. lol

155K in quarterly SG&A slush fund. right on track for another 600K of SG&A against 7K per month and on track for 80K-90K in revenue.

another brutally mis-managed quarter with a expense to revenue ratio now at 8X (182K operating expenses vs 23K of revenue)

that's almost impossible to do unless someone is in a coma, someone has the ATM card and the resident dog is answering the phone.

in my humble opinion

cheers








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