Could have sworn this happen. https://dem.ri.go

Could have sworn this happen.

https://dem.ri.gov/sites/g/files/xkgbur861/fi...er-noi.pdf

Could have also sworn this happen

General Assembly Passes Bill with Strict Limitations in Rhode Island on High-Heat Medical Waste Facilities

https://ecori.org/2021-7-1-general-assembly-p...acilities/

Could have sworn the company told us about Medrecycler LLC

MedRecycler LLC since it was a non-entity holding company. After the Rhode Island State changes we decided to let that non-renew. MedRecycler-RI Inc was removed from SNPW when we could not obtain a state bond unless we removed it from the SNPW business plan. For doing that we provided a 51% profit participation rights agreement with no liabilities or expenses to the company. We have since settled all our debts and obligations for that entity which did not impact SNPW with any legal or financial burdens

Could have sworn the company told us what happen to RI-transit

Sun Pacific Holding Corp
@SunPacificPower
·
Jul 12, 2023
Rhode Island landlord was paid in full. We did not owe any money! We negotiated with the landlord to allow us to terminate our 20-year lease since the state made it illegal to process high heat manufacturing. We were able to negotiate and eliminate having to be obligated.

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Could have also sworn the company told us what happen to Durango

"We had all funding lined up and property and designers/EPC prepared. When we were ready to proceed the Mexican government made some drastic changes to the rule for 3rd party power generation which made our funders and banks BBVA concerned and so the project was put off for now . SNPW may entertain this opportunity again when the Mexican administration changes their regulations."

Could have sworn the company told us about what happen to Australia

Sun Pacific Holding Corp
@SunPacificPower
·
Jul 12, 2023
Our Australian partners' agreements are still in place, and we still continue to pursue our operations as well as our friends in Mexico. Any dealings we have with third parties are issued and negotiated signed contracts.

"Nick Campanella: For Australia, SNPW started to work with local EPC and developers to build facilities such as solar or waste-to-energy facilities which are still in our horizon. We are still working with our partners there and also with local government which I have met with in person to find the best opportunities for us".

Could have sworn the company told us about their patents.

That if they were able to build their US Solar manufacturing facility that they would be utilizing their patents technology there,

Could have sworn the company explained Geopath relationship to the company

Sun Pacific Holding Corp
@SunPacificPower
·
Jul 12, 2023
Geopath is an inventory tracking service to map out our inventory, so advertising agencies can bid space for their clients

Could have sworn the company told us it change in business plan

Sun Pacific Holding Corp
@SunPacificPower
·
Jul 12, 2023
Sun Pacific Holding has been streamlining our operations to concentrate on renewable energy as our main and only focus

Could have sworn the company told us about financing

Sun Pacific Holding Corp
@SunPacificPower
·
Jul 12, 2023
50M is the amount of our insurance wrap and project cost is 37M, and the rest is for interest reserve and broker fee, which is still in process and terms sheets were issued and still proceeding as planned

Whose outcome is always beyond the borrowers control.


As far as projects that failed to come to fruition I could have sworn the company told us why that could happen.

" In order to further implement its business plan and satisfy its working capital requirements, the Company will need to raise additional capital. There is no guarantee that the Company will be able to raise additional equity or debt financing at acceptable terms, if at all."