Don’t forget, rather let me remind your below po
Post# of 12795
You state since there was no progress snpw didn’t have to stand by their statement to update over the next few weeks. Wow.
Quote:.
Posted On: 10/17/2024 11:19:06
Posted By: drugmanrx
Re: Wallstreet1234 #11528
No progress correct!.
Nothing to update correct!
An update would have been given if an update happen.
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quote] Sun Pacific Holding Corp
@SunPacificPower~
·
Mar 1, 2021
We are now in review with several US states for tax-exempt bond funding to build waste-to-energy facilities. ♻️ We will update over the next few weeks on our progress
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And you state “ Told shareholders in the filings of 6/3/2021 that on May 28 2021 they were not financially qualified for a state tax exempt bond and had to give up Medrecycler-RI ownership
Snpw made no such claim - read the filing below. Glad I fact checked your statement.
Item 1.01 Entry into a Material Definitive Agreement.
On May 28, 2021, Sun Pacific Holding Corp. (the “Company”) entered into a Net Profit Participation Agreement and Assignment (the “Agreement”) on behalf of their wholly owned subsidiary MedRecycler, LLC (“MRLLC”) and with MedRecycler-RI, Inc. (“MRRI”) wherein in order to secure permanent financing for their medical waste to energy project (the “Project”), the Company has agreed to relinquish its interest in the equity of MRRI held by MRLLC while the Company is provided an economic interest in the Project without liabilities. May 28, 2021, Sun Pacific Holding Corp. (the “Company”) entered into a Net Profit Participation Agreement and Assignment (the “Agreement”) on behalf of their wholly owned subsidiary MedRecycler, LLC (“MRLLC”) and with MedRecycler-RI, Inc. (“MRRI”) wherein in order to secure permanent financing for their medical waste to energy project (the “Project”), the Company has agreed to relinquish its interest in the equity of MRRI held by MRLLC while the Company is provided an economic interest in the Project without liabilities.
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