Sun Pacific Holding Corp. Issues Shareholder Update Highlights of First Six-Months as a Public Company Include Recapitalization and Expansion into New Markets
- Elimination of Convertible Debt: All prior convertible debt was eliminated and converted to equity. As of March 30, 2018 Sun Pacific Holding Corp. has 60,958,373 shares outstanding.
- Key Contracts: We signed contracts with both Star Metro Transportation Authority in Tallahassee, FL and the State of Rhode Island Transportation Authority.
- Renewable Energy: Contracted to build the first plant in New England capable of treating medical waste that also creates clean energy.
- Recent Solar Tariffs: We expect to benefit from recent legislation placing tariffs of 30 percent on imported solar panel technology.
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