of course it's in default!! lmao!
especially when the top clown is at the wheel. lol
the ceompany is in default, with every outstanding loan/note, for an eternity. you can't pay for any expense when you can't produce, buy, sell or distribute a single solar product
NO NEED TO WORRY. IT'S ONLY BEEN 16 MONTHS!!
The ceompany has tried this same bullsh#t with about 4 other companies for other
subsidiary business and failed every time of course. Just imagine who is being used as the "independent sales and marketing company"??
operative words "was used". More stupid money pissed away and now know (what Karma predicted fom day 1 of CaC Realty-Spp joint venture (LOLS), Sun Pacific Power Corp (a la Medrecycler), will be in the back pocket of the ceo in the near future.
Absolute nightmare watching this wannabe solar top cat continue to take a sledge hammer to every piece of the company, at the same time, busy setting his newest side company SolRay (SRNRG.com).
in my opinion
cheers
especially when the top clown is at the wheel. lol
the ceompany is in default, with every outstanding loan/note, for an eternity. you can't pay for any expense when you can't produce, buy, sell or distribute a single solar product
Quote:On April 1, 2023, the Company’s wholly owned subsidiary, Sun Pacific Power Corp. entered into a joint venture agreement with CAC Realty, LLC, an entity wholly owned by Nicholas Campanella, our sole director and chief executive officer. The joint venture provides that Mr. Campanella will provide the working capital to operate Sun Pacific Power Corp.’s solar sales operations for a period of up to 4
months. In return, CAC Realty, LLC will receive a 12 month, 5% promissory note for all moneys paid to the joint venture and 30% of gross profits earned by Sun Pacific Power Corp. An independent sales and marketing company was engaged by the Company to provide sales and marketing solar sales and other directly related services. All monies provided by CAC Realty, LLC to Sun Pacific Power Corp was used by the independent sales and marketing company. No material sales were realized, and the promissory note is currently in default and interest has been waived.
Quote:An independent sales and marketing company was engaged by the Company
Quote:No material sales were realized
NO NEED TO WORRY. IT'S ONLY BEEN 16 MONTHS!!
The ceompany has tried this same bullsh#t with about 4 other companies for other
subsidiary business and failed every time of course. Just imagine who is being used as the "independent sales and marketing company"??
operative words "was used". More stupid money pissed away and now know (what Karma predicted fom day 1 of CaC Realty-Spp joint venture (LOLS), Sun Pacific Power Corp (a la Medrecycler), will be in the back pocket of the ceo in the near future.
Absolute nightmare watching this wannabe solar top cat continue to take a sledge hammer to every piece of the company, at the same time, busy setting his newest side company SolRay (SRNRG.com).
in my opinion
cheers
