Sun Pacific Holding Corp (SNPW)

[powerbattles]

WRONG! (SNPW) Never owns 100% of MedRecycler, LLC. the Company owns fifty-one percent (51%) of MedRecycler-RI, Inc., which was pledged by the Company to Mr. Campanella pursuant to a forbearance agreement related to debts owed to Mr. Campanella. The remaining forty nine percent (49%) of MedRecycler-RI, Inc. is held by Nicholas Campanella, personally, Marmac Corporate Advisors, LLC, and Eilers Law Group, P.A., holding thirty nine percent (39%), eight percent (8%), two percent (2%), respectfully. Mr. Campanella received his ownership as consideration for his personal pledges securing the Indenture of Trust, Marmac Corporate Advisors, LLC and Eilers Law Group, P.A. received their respective ownership as consideration for efforts and services performed.

To get the project fully funded one hundred percent (100%) of the ownership of MedRecycler-RI, Inc. has been pledged to bridge financing, including any pledge rights held by Mr. Campanella in MedRecycler, LLC. this mean the forbearance agreement by the CEO is Pledged as well.

MedRecycler-RI, Inc. has entered into an Indenture of Trust in the amount of $6,025,000.00 as bridge financing for a project in West Warwick, Rhode Island (the ‘Rhode Island Project’).

Keep in mind the Indenture of Trust has been secured by all equity holdings in MedRecycler-RI, Inc., all personal holdings of equity in the Company held by Nick Campanella, our CEO and member of the Board of Directors. Furthermore, Mr. Campanella has further pledged personal property located in Manapalan in excess of $1,000,000. Payment for the Indenture of Trust is further guaranteed by the Company and Street Smart Outdoor Corp.

As you see everybody rolls all in. Yup! The CEO and the board of the directors included Nicholas family. On top of all that...Marmac Corporate Advisors, Eilers Law Group, and the CEO his million dollar home property located in Manalapan also use for THE COLLATERAL

CLEARLY EVERYONE WILLING TO BET HEAVY ROLLS ALL IN TO GET FUNDING FOR THE MED RECYCLER PROJECT.

BECAUSE OF THAT...I'M HERE BETTING HEAVY INVESTING MY MONEY AND WILLING TO GAMBLE AS I SEE IT FIT.