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Most investors don't following the stock are 100%

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powerbattles Member Level  Tuesday, 10/15/19 12:32:49 PM
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Most investors don't following the stock are 100% NOT AWARE thinking the r/s is about to happen. The fear about the r/s was a misleading, and spreading INACCURATE INFO. This matter is due to the reason the company announce the news then issue Def-14c that cause everyone confusing.

Here is the story! First they announce the PRE 14c.

Form pre 14C 08/14/2019
https://www.otcmarkets.com/filing/html?id=13594015&guid=t5ZfUenLMkZngyh

At that time shareholders include me email the ceo questions why's the need to do r/s when o/s just little over 400 million? They told me why but I suggesting demand they put out a PR for everyone to read. The ceo fulfil our concern by immediately issue News explaining... Link and quote below.

https://www.otcmarkets.com/stock/SNPW/news/Sun-Pacific-Holding-Corp-Announces-Filing-of-a-Form-14C-Increasing-its-Authorized-Shares-in-Settlement-of-its-Convertibl?id=237593

Quote:
Sun Pacific Holding Corp Announces Filing of a Form 14C this is due to obligated by contract per the settlement of its convertible debt with Auctus Fund, LLC (“Auctus”).

The Company also gave notice in its filed Form 14C, that it may implement a reverse stock split in the future to provide flexibility to the Board of Directors in the event that additional capital sources might require a higher stock price. At this time the Board of Directors does not intend to implement a reverse stock split. In the event that the Board of Directors in the future decides to take such corporate action, they will provide shareholders with prior notice. As the Company addresses its convertible debt balances, the Company hope is that the market will begin to correct itself and not require a reverse split.



As, because form pre 14c they must following with def 14c that is required by the book. This is the norm. You can Rest assured they told us in writing at this time the Board of Directors does not intend to implement a reverse stock split. Furthermore, if they planning to do r/s in the future they will provide the shareholder with notice ahead of the time.

DEF 14C 08/26/2019
https://www.otcmarkets.com/filing/html?id=13612092&guid=t5ZfUenLMkZngyh


https://investorshub.advfn.com/Sun-Pacific-Holding-Corp-SNPW-11015/


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