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

Only question one should have is SEC's response, t

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Post# of 13556
(Total Views: 112)
Posted On: 05/13/2024 8:07:04 AM
Posted By: ThreeEmInEn
Re: drugmanrx #7883
Only question one should have is SEC's response, to NO 10-K filing. Now 27 days late since the April 16th 15-day extended due date. And, currently 42 days late since the April 1st due date.

Quote:
The only question I have will news hit before dilution.



What's more concerning is one's disregard for the setting up of side companies, by Snpw's ceo, during supposed-funding search (PROMOS) period. For example, MSW Rececycler (Medrecycler competitor) was set up by the ceo (alone), in 2018, during Medrecycler's search for funding, at the same time, applied for an $85 mil Mississippi state bond. But, MSW Recycler was never merged into Snpw?? And, Ceo never disclosed his competitive business 100% ownership, in MSW Recycler, to shareholders (NO 8-K/NO tweet)?

The same thing occurred, when Snpw's ceo never disclosed, to shareholders' (NO 8-K/NO tweet), his 100% takeover of Medrecycler, effective January 2023. By the way, MSW Recycler's website is still live and an active entity: https://mswrecycler.com/waste-2-energy/

But, https://medrecycler.com/ is no longer a website and the domain is available to register online?? And where did that 5 mil of Medrecycler pyrolysis equipment disappear to after Snpw took a $3.1 mil write down on its financials in 2021, by de-consolidating its financials, to not include the Medrecycler assets (losses)?

Now, we have Snpw's ceo, during a supposed-funding search (PROMOS) period, going even further, by setting up, as clear as day, a competitive business entity Solray, Inc.), to his public company's subsidiaries Elba Power Corp and Sun Pacific Power Corp.

Even worse, is a website (SRNRG.com) already published in the public domain, displaying individuals, as legal counsel (same attorney representing Snpw) directors, advisors and top C-level positions, also known to be representing (very recently) Snpw (incl. subsidiaries). Once again, NO disclosures by Snpw, with NO 8-K filed and NO tweet, relating to Snpw's ceo, now, also serving as ceo of Solray, Inc..

So, if someone's only question, is about, when dilution will take place, relative to the ceo's newest non-disclosed, competitive side company (Solray, Inc), they would have to have their head in the sand.

Maybe, the ONLY question should be when the #$%@ is the company going to take the blindfold off shareholders and meet SEC requirements and issue financials and disclosures by FINALLY FILING ITS 10-K AND ANNOUNCE THE BIG SECRET WITH THE CONSPIRING, ORGANIZING, FORMING, OWNING AND ADVERTISING, A COMPETITIVE BUSINESS ENTITY (SOLRAY, INC) TO HIS PUBLIC COMPANY (SNPW), AS ITS CEO, AND NOT DISCLOSING IT TO SHAREHOLDERS??????

in my opinion

cheers





















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