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On the 14th-15th the d should be removed from snpw. By Monday, the pps will have been over the 30 calendar day 0.01 pps requirement to uplist to otcqb. In the pre-14c filing it states the rs will be used in order to uplist to a higher exchange.
Wonderful trading today. Total volume 56 shares (so far)
Wrong again!
The "bigger picture" is actually about SNPW bringing its solar/battery projects to fruition.
If/When that happens any additional released shares would have actual value attributed to them whereby they could then be monetized to interested investors via public/private offerings.
Also, those post RS shares only become an issue when they are actually released into the OS, as opposed to simply being part of the total AS.
Re the ceos 30m previously held shares, once again yer illiteracy rears its head.
I was simply noting that the shares bought by the CEO suffered the same fate as everyone elses due to the RS, ie being reduced by a factor of 4k.
Find yer CONtinuously inane narratives to be very nonsensical but have come to expect nothing less.
Cheers Pinocchio
Bigger picture is the ceo is the majority owner/controller of the company. In the reverse split the company gained 999.7 million new shares valued at the post reverse split price. The 30m chopped, by comparison to the 997.7 new shares gained, and you are focusing on the 30m. SMH.
At least we know that the ceos 30m+ shares also experienced the chopping block.
Yea I think the 20 business days concludes on the 14th.
Tiny spread BUSTED. ASK price now $3.83 >
SNPWD tiny spread of $.01 - smallest since RS.
Those 1-share traders won't be making much with that tiny spread. -lol
PS. The "D" should be coming off by the end of this week. Normally it lasts for about 20 days.
Disagree, know what you own.
Have to agree with you that enacting the RS without also breaking news to bolster the pps made no sense.
My Speculation!
"So why would nick do the RS " assuming the facility is no longer going to be in Alabama which was a purchase and own situation to the suspected new location which is a lease and run situation, the RS was done to supply adequate collateral for the lender(s)/investor(s) who will finance the project. Notice history the RS was not needed per CEO when the facility was under contract to Elba, contract expired a period of communications occurred to resolve the issue why the contract expiring (per filings).
It appears the issue was never resolved, no new contract was signed and the property was never relisted. So the company was forced to seek out a new location.
Since the new location appears to be a lease agreement, the company no longer was going to own a facility which it could used as collateral, hence the RS split option was put into place to offer the lend(s)/investor(s) part of the company as collateral.
The company had meetings with Tsingshan Group/FoxEss, SC Solar, Autowell, and SC solar with their PT.IDN Solar Tech project manager 11/30/23 to Dec 7 2023.
From these meeting a Site visit at an unknown location was schedule for January 12 to 14 2024.
The site visit took place.
After reviewing the data from the site visit, It apparently met the the approval of the lender(s)/Investor(s) who gave the ok for the project hence the RS was enacted a few weeks later.
"be totally silent" company explained that here before going site
In an effort to avoid trollness and bashers who harass our partners and affiliates we will issue further updates via an 8K and after we are ready.
— Sun Pacific Holding Corp (@SunPacificPower) January 16, 2024
Please contact us via email info@sunpacificholding.com $SNPW #solar #manufacturing
Had said prior to the RS announcement that if no project news accompanied it that the pps would suffer.
Have to agree with you that enacting the RS without also breaking news to bolster the pps made no sense.
At least we know that the ceos 30m+ shares also experienced the chopping block.
Nothing to see here really until we receive definitive news either way.
It is what it is...............
So why would nick do the RS and be totally silent, only to the leave the share price to rot to nothing. Seems there is a much better way to time such an action and a much better way to be a ceo. Technically nothing has worked out under his ceo ship, no advertising shelters, no medecycler, and no solar panels factory ... BUT he is not afraid to tweet flowery little tweets making you believe he's got something special for shareholders, that is probably why he has some strong arch enemies and haters
Right. Just reverse split and start shearing sheep all over again.
Question. Isn't it possible that one person who has majority voting shares, could hold a shareholders meeting and raise the AS to a TRILLION shares at any time they choose?
Will the outstanding shares remain at roughly 261k? Doubt it, otherwise why issue a reverse split.
The conversation wasn’t about outstanding shares, it was about new shares available as a result of the reverse split. This count is roughly 999.7 million shares, not 970m shares.
Will the outstanding shares remain at roughly 261k? Doubt it, otherwise why issue a reverse split.
It obviously wasn't "simple" on Thursday, March 07, 2024 8:46:41 AM when ye sent post #81515 now was it!?!
Look in the mirror and conduct yer first lecture muppet! lololsss
what a doozy of a 60 days since site visit PROMO
probably the worst promotion one could have chosen prior to a 1 4000:1 Reverse Split lever being pulled.
pure incompetence with the low class tweets using snoopy and his dog house and another "so it was written" post.
you can only shake your head in disbelief realizing what a jok this company is when landing the plane at ZERO revenue, per the last filing (Nov 2023), and still thinking it is waiting on the "last piece" for financing (since June 2022).
just a complete farce. actually very sad some support these repetitive nightmare failures for years.
my opinions are just that
good luck
New share count is simple Outstanding Shares 261,751 03/04/2024, until proven otherwise.
New share count is simple - 999.7 million shares. Your report 970m is incorrect. Simple math.
Guess you forgot there is roughly 970m new shares created as a result of the reverse split.
If its not too mentally taxing see if ye can deduce whom it was that originally cited 970m.
@ Dummy Bear.....Recouped original investment plus 30% so im still in the "black" with post RS holdings.....and holding!
Try again low iq Muppet. lololsss
Run Forrest, run
kazi has been warning ya'll for years about the current scenario following absolute total bullshit PROMOS with partners.
run, and keep running, unless you like to watch a complete meltdown of a company due to gross incompetence, deceit and pure greed.
saw this coming from miles away. a leopard never changes it spots.
my opinions are just that
good luck
Having fun losing all your money?
The additional share count, as a result of the reverse, is roughly 999.7 million shares, not 970 million.
The additional 970m post RS shares
Maybe in a few months I can buy back in for .0009 like I did 5 years ago lol.
Those shares have only now become an issue because SNPW has recently commenced diluting so correct.
About 17k as of 03-04-24....increased from ~245k to ~262k.
The fact that prior to this recent limited dilution there were also sharp decreases in the pps so at that point it was possibly as a result of exactly what I previously mentioned.
The additional 970m post RS shares would have been wholly irrelevant re the prior pps fluctuations chem and others were harping about.
Note to the silly Bear.......cant lose when ones cost basis is $0.00[/b
Barking up the wrong tree muppet!!!
Has been discussed here at great length
why do you think the stock had to go thru a 4000:1 reverse split
while having ZERO revenue and then spending 388K in SG&A during the same quarter.
only artificial thing is the company.
Interesting how someone(S) is going though a lot of trouble to keep an artificial low quote the last few days.
Interesting how someone(S) is going though a lot of trouble to keep an artificial low quote the last few days.
Wow. Someone sold BIGTIME today.
~4000 shares SNPWD sold in several trades over a couple of minutes at various prices down to as low as $1.00 -
4,000 shares SNPWD is equivalent to 16M shares pre-reverse split!
Poor dude must have lost a TON of money. Even if he bought all those shares at an average price of $.0020, that would still cost $32,000.
Yup, I certainly have the lowest IQ here.
LOLOLOLFL
Looks great, o wise one.
Signed,
Eejit
LMFAO
Guess you forgot there is roughly 970m new shares created as a result of the reverse split. What happens to these shares is vastly more important than the roughly 250k held by current holders.
Permit me to DUMB it down for ye.
If that option is actually the case dumping larger blocks of shares will do what???....maybe crater the pps to sub $2 or even sub $1???
What then would the pre spilt return be instead of $0.00059???....@ $1.50 --> $0.000375 or $0.75--> $0.000187???
Wouldnt that mean the supposed seller would recoup less $$ than he/she intended???
Seems to me yer not only a fibber that cant read, ye apparently cant do basic mathematics either!
Im always here to assist....toodles Pinocchio!
Omg, laughing so hard I almost lost a nice sip of cab. Closing price of $2.36 equates to a pre split price of .00059. And someone is actually concerned about cratering the price too rapidly. Now that’s a hoot.
It's either someone liquidating very slowly (if no broker fee) to not crater the pps too rapidly, MMs doing what they do to create faux liquidity or its the same shites that were doing the very same thing pre RS.
I actually agree with your 2nd sentence.
"It's either someone liquidating very slowly (if no broker fee) to not crater the pps too rapidly, MMs doing what they do to create faux liquidity or its the same shites that were doing the very same thing pre RS."
Now if you could just cut out the disparaging remarks (oaf, wanker, eejit) we might be able to have a decent conversation on SNPWD.
Nobody is "trading" SNPW at this point ye oaf, that's the point!
It's either someone liquidating very slowly (if no broker fee) to not crater the pps too rapidly, MMs doing what they do to create faux liquidity or its the same shites that were doing the very same thing pre RS.
You seriously know nothing ye wanker eejit.
Absolutely, just like in any other stock.
Plenty of opportunities to lose more here!
Congratulations to you. I like to lose money. That's why I'm still posting.
Plenty of opportunities to lose more here!
Funny,
I believe you brought this crap when it had minus zero revenues (cost to make the revenue was greater then the actual revenue produced)
ZERO dollars in revenues. Get a clue airhead!
Only eejits would buy this crap or folks who enjoy losing money.
ZERO dollars in revenues. Get a clue airhead!
"Im only interested in utterances coming directly from SNPW"
OK, rNick, queue the dog whistle....
I'm guessing we're moments away from the next promo du jour.
At this juncture hovering over the daily non events is IMO unproductive as nothing will materialize until there's some indication from SNPW that the project is moving forward.
I myself have no intention to engage in any serious discourse with that band of shite lips that descend here daily to spew the same old tripe that we've been subjected to for months/years.
The eejits can bray all day, Im only interested in utterances coming directly from SNPW....all else is wholly irrelevant.
Obviously the manipulation is hard to swallow. How much will you allow when it comes to when you cut your losses . Many here are riding free shares some are underwater . You don’t have skin in the game . Mr fact I sold 1,750,000 shares shortly after the reverse split happened. It is definitely going to be interesting what happens next . I lost $26,000 I can’t imagine how many lost more than me . Today is definitely gut wrenching for all , especially on minimal volume .
Can you elaborate further? Lol. Waiting…….
Only an "idiot" amateur would believe that this trading was organic as opposed to likely being CONducted by the same dolts that have been at this since before the RS.
Get a clue muppet!
How can all of these 1 and other small trades not have any impact on the High/Low for the day?
All 1 and 2 share trades. Just more manipulation
Fact. Out of over 200 trades today I only count ~12 that were for more than 1 share.
Only 2 trades were for 100 shares or more.
What a complete joke of a statement!
a buck below the Bid on Friday would seem to indicate that people in the know are expecting news soon and are trying to obtain shares before it happens.
Plenty of "eejits" trading SNPWD. Where else can you have so much fun trading ONE share at a time?
Unheard of?
Not that I believe in such things, but if I did
Today's opening price , a buck below the Bid on Friday would seem to indicate that people in the know are expecting news soon and are trying to obtain shares before it happens.
Just seem awful odd to have a opening price so far before the closing price on Friday and the bid at Friday closes.
Oh, well
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Sun Pacific Power Corp E-commerce Catalog: https://store.sunpacificpower.com
Sun Pacific Holding Corp
345 Highway 9 South
Manalapan, NJ 07726
Phone: (888) 845-0242
Email: contact@sunpacificholding.com
Sun Pacific Power has become a diversified publicly traded holding company, “Sun Pacific Holding Corp” (OTCQB:SNPW) to encompass all of its subsidiaries Sun Pacific Power Corp, Street Smart Outdoor Corp, Bella Electrical LLC, National Mechanical Corp, Sun Pacific Security Corp. From the beginning we have continued to build upon our management`s knowledge and experience. We have focused on our primary mission which is serving our customers and now serving our shareholders. We do that by providing quality service and equipment, working to keep customers satisfied, and by doing our part in protecting the environment with smart green technology.
In 2016, the company successfully overcame a number of challenges to achieve significant progress, building on the momentum we have established in recent years. At Sun Pacific Power, the most important accomplishment was obtaining final design of our Smart Solar Bus Shelter, which we started deploying in Sayreville and Howell NJ. It is the most cost-effective path forward and the best option for our customers, providing LED lighting for increased visibility and security as well as other technological additions not previously available. It will also benefit the entire state by supporting economic stability and providing meaningful environmental improvements. Sun Pacific also continued to build on its positive financial momentum. The company received additional capital to add additional street furniture in Tallahassee Florida and New Jersey.
We at the company are committed in putting our customers first in everything we do, and I’m proud to say that our efforts are providing these results. Our customers tell us that they value our reliability above all else, and we take that responsibility very seriously. In 2016, Sun Pacific Power was able to add several additional contracts both on street furniture, advertising and for our Electrical/Construction division. Putting our customers first is the right thing to do, whether we’re talking about homes or businesses, or advertising for our end users. It builds trust, it makes the company stronger, and it supports other important efforts including helping the communities we serve in meaningful ways and building sustainable value for you, our shareholders.
Sun Pacific and its subsidiaries are dedicated to being responsible stewards of the environment and are consistently improving sustainability efforts, while at the same time fulfilling the core responsibility of delivering reliable and affordable service to customers.
In 2016, Sun Pacific Power expanded its use of renewable resources, adding our LED lighting service as well as improving our non-glass solar panel design and proprietary process. Sun pacific Powers use of renewable energy provides the additional benefit of reducing power consumption from our new bus shelter design. The company’s robust energy conservation and efficiency programs are helping customers reduce energy. By also adding solar we allow our bus shelters to qualify for a federal tax credit of 30% for utilizing solar power.
Looking to the future, we are excited about the opportunities ahead and confident that by continuing to execute on our plan, we will build upon the significant progress we have made to date.
We have also been able to respond to RFP`s for additional states and municipalities with an opportunity to acquire more revenue channels.
We remain focused on our core business of delivering reliable, affordable and environmentally responsible service and products. The company will continue to invest in essential capital projects to meet the evolving customer demand and take advantage of developing technology, such as renewable energy, outdoor advertising, and distribution.
We are also well prepared to meet the challenges we face in a rapidly evolving business and regulatory environment. The company is working to strengthen relationships with stakeholders and finding new ways to collaborate to find constructive solutions to mutual needs and concerns. These relationships are critical in helping to secure acquisitions and expansion in current and new states. At the same time, we continue to responsibly manage operations and control costs, while consistently improving customer service and supporting our communities. Collectively, we are planning on additional expansion in other communities for our street furniture division as well as increasing revenues in our current electrical division. Our success to date is the result of the hard work of our dedicated and skilled Sun Pacific employees. They truly make this a great company, and one which I am genuinely proud to lead.
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