Sun Pacific Holding Corp (SNPW)

[rmuncast]

Yes, with all of the conversions of SPPC shares to EXOL shares, it obviously increases the OS, but at the same time we have acquired a new business, and thus increased revenues.

If the deal was done properly, it should initially be a zero sum game for shareholders of EXOL and SPPC (increased assets and revenues cancels out the more shares in joined company).