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Is the efficiency and voltage the claim being made by this statement on the website?
Set a record of your own with the world’s first 400-watt solar panels, providing more power than ever before from fewer panels on your roof.
None of that makes any sense....I'm not panel expert but a simple google search appears a 400w panel is nothing special. Maybe there's some other selling points (of a future product) but the wattage claim looks like BS. Unless I'm reading that wrong.
How'd you come to that conclusion? We're half way through the day and currently sitting at 28.72% of the daily average (past 10 days).
Completely agree, we need meaty PRs or just stay quiet. The last PR was so lame with vague fluff, I was disappointed before even the opening bell that day. I hope they don't do that again, else, this will go sub 5 cent.
Hopefully they have something of substance soon as this may not hold support for too long.
Especially that "inked deal" with Chase.
The company had also tweeted to no dilution and I watched the OS go up 8 million after that.
We've received no other information on the Chase deal. Certainly is looking like a few signs or a credit card haha.
That's why I don't value what they tweet. Put it in a meaty PR, then I'm on board. Their twitter has lost my trust and it looks like the market treats it as such since it's not really moving much.
I'm happy to see what appears to be the bottom (for now) but we need meaty PRs not vague tweets.
Yeah, no disagreement here. We all know there's risks, I prefer for us to discuss them and assess, rather than deny (not saying you are). Investors in penny stocks are choosing to be on this side of the risk because you get rewarded if said risk is overcame.
Those that don't want the risk can wait but they'll be paying higher prices when it becomes clear it's happening.
Now, if it doesn't happen then we lose our bets and the risk adverse folks won out on that bet.
We'll see.
Yeah, I think the important part of this post is who concluded it doesn't apply? I see that bill and it certainly looks directed at Medi. So far we have a tweet and you know how I feel about those haha.
So can the board provide ANY info on a Chase deal that was "inked"?
Unanticipated can be negative too :) Any negative connotation is just because it's late and no one "likes" late. They're within their legal means to do so.
Now, I won't let go the issue of no information on that Chase deal. Either it was a lie or they should have just kept their mouth shut if they couldn't give us anything more than that. I'm actually glad their twitter has been silent, enough of the BS.
Mike, all those examples you use are not "insider information". Cars in parking lot is public info, sure someone has to do the analysis but that's not emailing the company insider and getting information from them. Sure I'm in stocks that you find agreements in Freedom of Information Act by finding building permits etc. That's why I also said info from DEM is also not insider information. The BIG difference is if you're getting it from the insiders. It's really that simple which makes me wonder if this is even being discussed in good faith.
No one is accusing Nick of doing it except the guy bragging about getting the info.
https://www.investopedia.com/terms/i/insiderinformation.asp#:~:text=Insider%20information%20is%20a%20fact,can%20be%20a%20criminal%20offense.
Let's see what your powder will do :)
There ya go, SEC compliant DD haha
Maybe that's where you and I are getting hung up. You seem to be saying it will be "open" this summer based on the DEM info but operational by end of year per the company PR.
What's a open but non-operational recycler mean? Open = operational in my mind.
The rub is if the company is saying it will be operational by this summer to YOU and not everyone else.
I understand being conservatives on dates with PRs, that's fine. What you can't do is the CEO or some other insider telling people that it's actually a different date.
It's literally why insider information is illegal. If this is true, there's a group of investors that get to act on that info (if even true. Who knows if there's even emails) and then another set that get to operate on the "public" info. I don't see how you can't view that as not insider information.
It's also illegal. You can't tell individuals one thing and then tell the public another. That's insider information. For the sake of Sun Pacific I hope this person is not telling the truth about that different info being shared via email.
On it haha
Why are you saying a different timeline than the company itself has recently put out there.
Straight from the 3/22 PR:
4. The Company's subsidiary Medrecycler RI, Inc. continues to progress through the regulatory process for the approval to construct a 48,000 SF state-of-the-art pyrolysis facility expected to process 70 tons of medical waste per day. With approval and the completion of financing, the project should be operational by the end of 2021.
Yeah, I've had other stocks that I have no appetite to wait through the bear market. I'll hold this one but still should put heat on them about tweets and not following through...We all know the risks down here but never comfortable when I see typical penny stock behavior. If this is a hidden gem, act like one.
Yeah, I just took by bags and went home. I'm holding others through this bear market but I've been ignoring the red flags too long on this one. Good luck to all feel free to laugh if there is a pop on some PR.
I should have sold at the amendment and just went home :) Company progress doesn't matter if they're going to screw over the regular shareholders with AS increase or an RS. This management aligns too well with typical penny stock piggy banks and not a "hidden gem".
GLTA
Yeah, that amendment was gross. Honestly, a direct offering of $10 million should have just been done at that current price at the time. If someone wants in that big, they'd drive the price up if they bought on the open market. So "current price" for that many shares is a deal.
Instead they seemed insistence on giving an immediate green to them. Those actions don't align if this thing is so good and going to the moon.
Congrats to the CBDL team, they've passed 10 billion outstanding shares: https://www.otcmarkets.com/stock/cbdl/security
Took about a month and half to dump 5 billion shares. At that rate, AS will be maxed out in 4 and half months. This will be in the triple zeros by then. What a joke of a stock.
What door? We literally know nothing of a Chase deal. It could be a credit card for all we know. No 8k filed, must not be a material event.
My guess is if they actually filed an 8k for a deal with Chase they'd PR it because that would be good news. That's why it's important for them to file. The longer we see nothing, it seems like it was just a tweet to get people to buy off their imaginations of what it could be.
I could sign up for a Chase credit card and tweet "deal is inked, thanks @chase!"
I feel like the emphasis on watching missed the mark. Watching isn't the surprising part, it's if I'm doing it for EVERYONE. That'd be the weird part.
I'll be keeping an eye on https://www.otcmarkets.com/stock/snpw/security.
Curious if they want to low key max out the AS. Then screw over shareholders with an RS or AS increase. Too many con artists in penny stock land, some just tell a better story than others haha
It has to exist to vanish.
Of course, that's the hope. Doesn't mean you can't put heat on the company when they're not being straight on their tweets or updates. A lot of people out there hoped for pops in various stocks while riding it down into oblivion or an RS.
We don't have an 8k filing for it. Anyone can tag Chase on Twitter. I can sign up for a Chase Credit card and thank them for the line of credit by tagging them in a tweet.
Without an 8K I'm not sure anything was actually signed. Why believe them when already caught them lying by saying NO dilution yet the OS just increased. I'd be happy for the company to come to the table with the facts to clear this up. There's a mechanism for that, it's called filing with the SEC which they had 4 business days to do if a material event such as a Chase deal happened. The tweeted 5 business days ago.
Oh? What's the Chase deal? :)
I want the 8k on the deal they said was signed last week. I want it now because they said it happened. That's on them, not us.
There's nothing to stop them from deciding to do an RS with a new filing. That could drop at any time. Same with an AS increase.
The above could happen since they decided to go back on their NO dilution, I don't see any reason not to think they'll go back on the RS too. Their behavior has a lot of flags at the moment.
The distrust has been amplified by the tweet "inked deal" tweet 7 days ago. No 8k for that, was/is anything really signed. The company can clear this up with filings. I don't have much hope on that front given they've already lied before.
They don't have much room in the AS. So it's either increase the AS or do an RS. The no RS promise was in the same tweet as the no dilution promise. I'll consider having the same amount of trust...
Well, this one didn't age well in just over a month.
We've seen concerns about an $SNPW reverse split, and we wanted to confirm the following:
— Sun Pacific Holding Corp (@SunPacificPower) February 18, 2021
• We will NOT be doing a R/S
• There will be NO dilution
We have several big announcements planned over the next few weeks – follow for updates! #cleanenergy #sustainabledevelopment
Sure, there's valid reasons but they lied, the company tweeted no dilution. That's what I have a problem with. The company also tweeted about an "inked deal" with Chase and still no info on that. Since we haven't seen an 8k, I suspect the deal isn't actually signed.
They're appearing pretty slimy now. No reason they can't just go back and decide to do a RS or increase the AS in a moments notice.
I thought they said no dilution. OS went up from 966 million to 974 million today. WTF
https://www.otcmarkets.com/stock/snpw/security
Yeah, is it even the "Chase deal"? I suppose "will be" could just mean it's not built yet so could just be poor choice of words. All of this would be fixed with an 8k explaining the deal's detail.
That's why this updated sucked. It didn't provide anything new and lacks basic details to be at all informative. I read it before opening bell and new the market would view this as BS too. It's if my boss asked me for an update and I said "I'm taking steps" or "I'm working on it" and left it at that.
They need to do better if we're going to even pretend this isn't just another penny stock that's going to get driven into the ground. Guess we need to wait, it's just a matter if you're going to be a bag holder while waiting.
They're "taking steps" :)
The Company’s subsidiary National Mechanical Group is taking steps towards the testing and preparation for UL certification for its patented glass-less solar panels for commercial and government use. The approval for this new proprietary product should provide the Company with licensing and partnership arrangements that should drive the monetization of this unique company held IP.
So if this goes below .0454 wonder if they'll renegotiate the direct offering again. Would hate to see the "institutional investor" take a haircut like the retail investors. /s