Sun Pacific Holding Corp (SNPW)

[powerbattles]

"Would really love to know the real value of the $1,000,000 property pledged by the CEO. It's not gambling when you're going to lose.

Do you know how the lender/banker put a value on your home or property? Rotflmao.

I'm willing to give you a small piece of information that can help you. This will be the last time I address this matter. Please do not repeating same question over and over again.

Currently they entered into an Indenture of Trust in the amount of $6,025,000.00.

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.

There is no value to this company, in my opinion. I welcome someone to point out real value.

To answer your question this is straight from company financials statement:

"In order to secure financing for the MedRecycler-RI, Inc. West Warrick, Rhode Island waste to energy facility, Mr. Campanella agreed that upon initial financing of the project, he shall pledge substantially all of his holdings in the Company, assign his pledges in MedRecycler, LLC, and certain properties held by Mr. Campanella, personally, in order to collateralize the debt obligations.

FURTHERMORE:

Cash and cash equivalents $112,385
Cash held in escrow $953,297
Cash held in escrow for interest $706,933
Accounts receivable, net of allowance for uncollectible accounts of $145,155
Other current assets $1,871,314
Property and Equipment $1,827,913
Deposits $1,715,868

NOW YOU DO THE MATH TO SEE THE REAL VALUE OF THE COMPANY.

No revenue from any of the businesses to speak of. CEO is allegedly owed money from who knows what?

AGAIN LET ME MAKE IT CLEAR: THE CEO DON'T OWN NOBODY ANY MONEY. HE FINANCING THE COMPANY $648,417.89 HE VOLUNTARILY GRANT THE FORBEARANCE EXTEND THE TERM IN FAVOR FOR THE COMPANY.

You say no revenues from any of the business that statement is wrong misleading to the people here.

Three Months Ended June 30, revenues $101,923 This doesn't count solar powered Bus Shelter Contract in Rhode Island, Tallahassee StarMetro Shelter Locations, Bus bench advertising, and trash bin advertising.

On top of all that they currently Develop a Solar Farm in Durango Mexico will keep company cash flow without the need to issue toxic note dilution.