Absolutely true. . SNPW is delinquent in SEC Re
Post# of 12516
.
Quote:
SNPW is delinquent in SEC Reporting. Company is not current in its reporting obligations under Section 13 or 15(d) of the Exchange Act.
. OTC has put the "Yield" tag on the OTC/SNPW page.
. SNPW recently issued a 1 for 4,000 reverse stock split.
But the rest of the straight record is SNPW is a penny stocks.
Stocks whose price is driven by potential not fundamentals
3 years ago the stock had a 200,000,000 to 300,000,000 dollar market cap with greater debt
Delinquency is only paperwork
Yield sign is do to lack of paperwork
4000 to1 RS sucks, but with no dilution to date percentage of shareholder ownership has not changed.
If they get the funding and build a 30 to 50 million dollar facility. a 100,000,000 to 300,000,000 market cap could be possible once again.