Sun Pacific Holding Corp (SNPW)

[nudie]

The more I read the more stinky it gets.

One of the conditions of aquisition is that EXO and Pizza Fusion have to be sold? Doesnt sound like EXOL makes the aquisition, but SPPC is in the lead. Why sell current entities why things are progressing nicely lately. As former management leaves the board I have a bad taste both entities are sold back to current management to go private. We get left with a pos where SPPC holders get way more shares then current EXOL shareholders. Why? Do they know this is going to tank into triples because current management is dumping 60M they own? Why keep shares if you are not part of company anymore. Could explain continuous selling lately.

And what I dont like is latest news archive of SPPC is dated 2015.

Hope I am completely wrong but as said I have a bad taste here.