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Since rising to heights hardly ever seen
Long Shareholders wonder what do you mean
For 2 years ago under an option to split
months to take huge profits came zippy zip
Unfortunately that time came to an end
When Rhode Island ended up not being our friend
So on to another project lickety split
With a Fortune 500 partner here we sit
We all understand the risk we have taken
It all written clearly in the filings no mistaken
It the split does happens then we will probably lose
But twice its been cancelled a risk we have chose
With partners like FoxEss and others remaining
and partners like GEP Solar we are gaining
The SNPW story is far from over my Friend
There be more twist and turns which may never end.
Stock up 31% while a option of a 4000 to 1 RS is in effect
MY! MY!
I think I have predicted the trend very accurately
The longer it take to build the move investors will leave.
If they start building EPC or show significant sales from the SPP store the trend will reverse.
It is not rocket science.
PS
I thought you didn't want to be my pen pal.
ROFLMAO!
And what about the most recent reverse cancellation:
The last reverse cancellation was 1/24/2023. Price was .0090.
Price today is .0020.
Wall is a interesting case.
I don't believe the same person has been using that alias.
Last year Wall and I had several personal PM exchanges on the hangout board..
This current Wall seems to have no idea that we had those conversations.
IMHO, Chemist has just gotten disillusioned due to the steady decline in stock price, RS option and general lack of verifiable progress with EPC.
14c approved RS option on books 20 days later
The adoption of the foregoing Corporate Actions will become effective 20 calendar days after the posting of this Information Statement. The Board of Directors is not soliciting your proxy in connection with the adoption of these Corporate Actions and proxies are not being requested from stockholders.
I guess some just can't read
"Before run stock was 0.002 RS cancelled Feb 25 2021 stock price May 28 2021 .027 Still a ten bagger gain."
Price before run 0.002, Price May 28 2021 0.027 stock price, 13.5 times the investment was available to take 3 months after the RS was cancelled if you brought before the run...
I have to say they are very committed to their cause telling me it is very personal and not about taking down a stock price.
They smell chum in the water (option for RS) and are attacking in a frenzy..
Not at all I have the same philosophy in 2021as 2023 , 2024 and so on.
Appears you are fixated on the 2021
I do not believe money has been made during cancellation/deferrals over the past couple of years.
Too bad
I suppose you could bank on the reverse being cancelled, and the stock running from .002 to .349 - this just isn’t a scenario I would base my investment strategy on.
I interpret prior reverse cancellations more of a reverse deferral than a cancellation. Why else would they continue to issue 14c filings.
Yawn! Come on now
especially, after paying almost 600K on the medrecycler facility with no license
Possible
If the 4,000 reverse split goes through I would say snpw is very much alive. Not so much for current shareholders.
Sure doesn't seem like the contract expiring was or is an issue with the buyer
Just now from the listing agency!
https://www.naitalcor.com/properties/
2251 Old Curtis Road, Elba, AL, USA
Sorry, we couldn't find any matches …
By forming documented partnerships with a Chinese subsidiary of a Fortune 500 company, a Indonesian Pt.IDN Solar Tech , a Vietnamese GEP New Energy, Chinese GEP Solar,a Chinese SC SOLAR, a US Marine Battery, to set up the SPP renewable energy store this tiny insolvent company is differently a conglomerate working on transforming neighborhoods across the USA into smart cities powered by renewable energy.
While also working with the State of Alabama to build Elba Power Corp to be a US solar panel, battery and inverter manufacturer.
Calling it dead might be a little premature
This ticker is "dead". Even some bashers are leaving.
ROFLMAO!
I am one of the few posters that actually does care about not only the current shareholder but also future shareholders interested.
keep pumping the ceo and the stock for personal reasons,
but never promote the shareholders interests do you?
ROFLMAO!
First you complain that Medrecycler is worthless and worst was a drain on the company finances.
Then you are up set the CEO might take over the worthless and financial draining subsidiary.
Then you point out that SPP hasn't brought any money into the company and by your.prediction won't ever..
Then you are upset that the CEO might end up with the never ever producing SPP store.
The bottom line there would be no National Mechanical Group,Medrecycler nor SPP if the CEO did not bring them into the company.
Medrecycler after 2 plus years of hard work by the CEO came within an eyelash of being operational today. A 17 million dollar funded project.
As far as National Mechanical Group and the patents the jury remains out as we wait for the final outcome of Elba Power Corp.
As you pointed out the CEO has many businesses he runs outside of SNPW,.
He did not have to bring any subsidiaries to SNPW.
He has invested more then any single shareholder in the company and yes he stands the most to gain but he also stands to lose the most.
ROFLMAO!
"IMPORTANT TO REMEMBER.....the preferred shareholders' shares weren't going to be affected by the last two Approved Option to Reverse Split! either " (which didn't happen)
And also VERY IMPORTANT TO REMEMBER the one on the books in JANUARY 21 was cancelled February 25, 2021 ,when it looked like the Medrecyler-RI was going to be approved and and the company thought it would be up and running by the end of the year.
Seems to me if the preferred shareholder we only worried about themselves getting rich that would have been the time to do a RS not cancel one.
And after Medrecycler- RI was later denied they approved a second "option to do a RS"..
And when they thought the funding was secured for and work would soon begin on EPC they cancelled that option.
Doesn't really fit your scenario of greedy preferred share holders, does it?
Considered KAZI corrected.
correct kazi if she's wrong about this scenario
Did an ugly RS split happen over the last two SNPW APPROVED options for s RS were on the books?
NO!
COULD it happen?
Absolutely, but are any companies big or small exempt from a possible RS of bankruptcy happening that would wipe out common shareholders?
NO! (see GE and Lehmen Brothers).
Can there be money made by the common shareholder when there is option for a RS on the books?
Absolutely, see SNPW January 3 2021 to February 25, 2021
Could the common shareholders be wiped out?
As with any company there is that possibility. Giants like Amazon, Tesla and Apple were near bankruptcy. Other large American Stable companies had their shareholders wiped out K-Mart, Radio Shack, Bed Bath & Beyond, Blockbuster, and hundreds more.
There are always risk. Those with the highest risk offer the highest reward.
January 3 2021 with an approved 1000 to 1 RS on the books if you invested $1000 dollars in SNPW while you were risking to lose everything .you had an opportunity to turn that $1000 into $150,000 and over a month to turn that $1000 to over $50,000 on nothing more than anticipation of approval of the Medrecycler-RI.
While rare that lighting strikes twice, this time around there are others, FoxEss, Pt.IDN Solar Tech Marine Battery, SC Solar, State of Alabama and GEP new Energy who believe SNPW will deliver in the end as they all have remained even after the long delay of EPC.
There are no guarantees, there are no safety nets, there are no sure things.
Myself I remain in SNPW due to the company SNPW keeps, you decide what you want for yourself.
Build it it will rise
Longer they don't start building it, it will fall.
Unless there is significant SPP Store sales recorded.
Yes I do
Recall the “up to” 5 MW volume mentioned in snpw tweet and 8-k?
For more clarification
— Sun Pacific Holding Corp (@SunPacificPower) July 21, 2023
GEP exclusive agreement while we work on building our own plant, and for excess needs $snpw
-Sub 5: Supplier will provide at least 4-5MW per month as inventory in the appointed warehouse by Buyer. Price will be negotiated by each dispatch.
One MW is equal to one million watts. If you divide this one million watts by 200 watts per panel, we are left with needing 5,000 solar panels to produce one MW of power.
You may be right.
Kazi expects $0 sales
you’re ok with the CaC realty promissory note to SPP and both entities with the same grantee and grantor authorized signor.
It has always been the same
I thought the question on the table was one of exclusivity for snpw. When did it downgraded to spp just being a distributor.
One minute complaining about 7k in sales the next concerned about NICK taking too much of future profits.you expect to be generated.
SPP to give up 30% of its sales profits for an infinite amount of time.
Apparently the reality is that it is very common for a manufacture to sell direct even though they have distributors even esclusive ones.
It’s sad when you have an OEM partner that finds it necessary to make it very clear that a U.S. customer can deal direct with them versus their supposed partner having a U.S. exclusivity. What a complete joke!!
Tell the truth did you ever think K&L would settle?
Tell you the truth I was more interested in the Liver Disorders Programs for Autoimmune Hepatitis and Liver Transplantation and the mushrooms.
I thought that where their long term future would be best served.
Always thought Covid -19 would be a short fad.
Use to own this and haven't followed for a while, worth getting back in?
And exactly who is the other distributor other then SPP because every manufacture can sell direct.
"could buy directly from GEP"
But the main point you are missing is it says is a distributor of "GEP Solar" not just a distributor of GEP New Energy Vietnam.
Looks like that ENF website was also accurate in listing SPP as a seller and installer of GEP China solar panels as well.
https://www.enfsolar.com/gep-solar-manufacturing
The more one knows the better decisions we make.
Lot a hate towards Nick.
My guess former FOMO players that held on to long and got burnt from the denial.
I sure they read that.
Thanks, appreciate it.
The only problem now will be is
They will now comeback and say see we told you SPP doesn't have an exclusive in the US you can buy directly from GEP..
Even though SPP is the only company outside the company itself where you can buy GEP panels in the US.
LOL
Last one was 18 days apart.
No big deal, just thought it odd to have it on a Monday for some one being accused of running a scam.
Point is I was surprised that the def 14c came out on a Monday.
The pre was issued on a Friday the def-14c was issued Monday night last night.
Kazi has her weeks mixed up
drugmanrx
Re: None
Monday, October 23, 2023 6:16:56 PM
Post# of 78124
Interesting day to drop the def-14c, on a Monday.
What's tomorrow?
I heard that Tuesdays is the best day for a press release, what's your thoughts ? $SNPW #solar #BuildBackBetter
— Sun Pacific Holding Corp (@SunPacificPower) April 18, 2022
I don't think the CEO is trying "To bilk the public for as much money as possible before the bitter end." when he approves an option for a 4000 to 1 RS at any time.
Really isn't something that encourages investors to invest, now is it?
Just thought it odd that the 14c news came on a Monday instead of a Friday.
Recall druggie’s Oct 15th surprise?
Then druggie’s dog whistle to the ceo begging for the famous Tuesday news?
IT'S ALIVE!
Quantum settles with K&L Gates!
BTW, The third quarterly reports from Podesta Lobbying Group is out. Again, good news as far as I am concerned. Still Lobbying, yeah !!
Filed four days ago.
https://projects.propublica.org/represent/lob.../301036564
No argument
I believe 90% of SNPW's posts are BS