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One of the main reasons that I bought this stock is because so many of the ceo's friends and family members own shares.
The CEO does not want to reverse split this stock because it hurts his friends and family in my opinion.
I disagree. Major problems with hvac, electrical and plumbing would be addressed immediately. Walls and aesthetics are build to suit. We shall see.
That work would happen if Rotman's close forever or reopens.
The bid has been .008 ever since last Friday close. How is that a gap?
Legit solar play under .01 is rare.
AS- 1B. OS- 966M. NO DILUTION PER CEO.
Even if the bond financing fell through, Nick could get back up financing quickly. All he would have to do is sign up clients for feedstock contract and then demonstrate the income from the electricity and hydrochloric acid that is guaranteed. There is already enough demand for the Medrecycler to keep it running at full capacity from the very beginning. That was announced by the company.
This is provably false. I don't know why you would post this. The OS is 966 million and the AS is 1 billion. 600 million shares can't hit the market.
Does the company have the cash to remodel the building and restock all their inventory? What do the financial statements say?
Why on Earth does anybody believe that the end of Rotman's Furniture is not here now?
Where is that located in Texas? I would like to check that out.
Then let's reiterate why this stock will appreciate so dramatically.
Firstly, this is a solar play. The solar sector is on fire. SNPW has a patented highly durable and efficient solar panel (no glass) that is awaiting UL approval (immiment).
Secondly, SNPW has a waste to energy plant that should open very soon that triggers potential bond financing that provides guarantee revenue and wipes most debt off their books. This is HUGE. The company immediately becomes solvent and financially attractive to a new class of investor.
I truly believe that when these 2 events hit the pps will settle above 10 cents. Someone you think much higher, but I am trying to be conservative.
I agree with that....potential PRs could be proof of contracts allowing 1st Medrecycler to operate at capacity....2nd Medrecycler being built....solar panels going into production....sales of solar panels...etc.
lol, that seems a bit more reasonable than the "1 dollar next week" claims of some.
Nobody knows where this is headed. One person could need cash and dump 20 million shares tomorrow. Who knows?
The important thing is that this company is real. I have stood in the Medrecycler warehouse in West Warwick. This is not a BS company like so many other otcbb scams.
Patience will pay in a huge way here.
Maybe. I hope you are correct. If you are not though I don't care. I know there is value here and it is just a matter of time.
Maybe you are correct. We will see. I just find it funny that groups buy and sell together and then take credit for calling the very price swings that they created. The charts become a self fulfilling prophecy.
The RXAir 400 looks VERY promising if you have way too much money and that is a problem for you.
Why burn your cash in the fireplace when you can spend it on the RX400 at $900 instead of going on Amazon and buying a like product for $100?
This will sell off Monday imo. The flippers are looking at the charts and the RSI is way too hot now. The flippers are still in control until the the wte plant opens.
Whether this pps is .001 or .01 though, I believe the market cap is WAY undervalued and this stock is actually worth at least .03 per share RIGHT NOW.
I think anybody or any group with 50,000 dollars can make a stock like SNPW perform exactly as they "predicted". I could bring this stock back to .002 by myself an then run it up past a penny by myself next week.
Calling for .008 and then having your group dump for a profit is not as impressive as passively calling your shot from the sidelines, lol.
This info from Homebrew is 100% correct imo.
Jeez....nobody is shorting a sunpenny stock. That is nonsense.
No...they are not here complaining. The complaining about the CEO is coming from those who sold after the latest RS filing.
Lol, no they are not.
That is funny.
There will be Medrecyclers in several states (my guess is 3 or more) within 3 years in my opinion. The revenue will be guaranteed and the projects will be financed by cheap bond money.
I would like to elaborate one of Mike's very important points here. Nick has publicly stated that the Medrecycler has enough requests for medical waste disposal to operate a full capacity the moment the plant opens.
This is huge.
I was thinking in 2 or 3 years, lol.
Before you pick a price target know that the Medrecycler has more customers than they can handle right now and their income selling electricity back to the grid is guaranteed. Also know the the business model qualifies for bond financing all over the country.
This is easily replicatable and raising cheap money to build more will be fairly simple.
And that is only one part of the company....
I think this goes well over a $1 and stays there. I can wait.
I am going to go out on a limb and say the float and OS are the same.
However, I own 45m and my lady owns 45 million so that is locked up. There are several more on the board here with 40 million plus.
This has potential for some wild movement.
If and when the bond money hits the balance sheet I think will pull a SHMP.
I still have my 45 million and I am not selling any until multiple Medrecycler facilities are in operation around the country.
Lol, Nick is not the amazing email type. I am not sure about ever seeing this email. ;)
Also, Nick can get financing all day long with feedstock contracts. Bond financing is not an issue imo.
That is the key. Once the bond money hits the company is solvent with guaranteed revenue. The balance will go from ugly to impressive instantly and investors will pour in.
The crazy thing is I don't see this being pumped anywhere. I am sure Georgie and his guys helped but this stock is still relatively unknown.
This looks like we are headed to a penny this time. If the Med open and we get good solar panel news this could pull a $shmp.
good for you brother/sister....You deserve good things for your patience. I put all my penny stock money into this stock in 2019 but you beat me by a year.
Best of luck to you. I hope it is true for both of us that good things come to those who wait.
The CEO just tweeted AGAIN for those who can't seem to grasp the idea that no dilution will occur so no reverse split is needed.
Sun Pacific Holding Corp
@SunPacificPower
·
1h
We have no interest in any dilution to the company and we're not going down that rabbit hole, our investor have stayed by our side and will do as they have done in the past and will be extending our note till we complete permanent close with our bond as they've done before. $SNPW
Nick has said something better- he had clearly stated NO DILUTION.
So, the question of the reverse split is moot. Without dilution a reverse split has no negative effect.
Would you rather have a dollar bill or 100 pennies? Who the f cares?
I will defer to you. I don't pretend to be good at anything beside spotting a decent CEO with a decent business plan. This knowledge comes from 30 year of investing mistakes, so you know I got a good education. ;)
I think somebody may get below .0035, but who knows? I am not selling- that is for sure. Have a good day.
yeah....rsi was too hot. I knew this would be a down day. You may get low .003s...good luck to you.
You are correct about one thing for sure. If Nick goes to the Chicago bond market with contracts in hand for feedstock intake from large corporate hospitals he can raise cheap money with no problems. EASILY.
If you and Mike are correct and no reverse split occurs then that means this PPS will rise beyond my wildest dreams, and that is a great thing.