Sun Pacific Holding Corp (SNPW)

[jasmin8192]

some more "not good" news is that the RI project has not been given final approval to operate as the environmental compliance determination is not yet complete. While there is no doubt that SNPW is a legit company, there is some reasonable doubt that they may not be able to get things operational as soon as they want to. Environmental concerns have stalled and/or shut down projects many times for many different reasons. This is nothing new but something that could delay progress for weeks, months, or longer.

As far as the talk about a pending reverse-split, as some posters have been talking about, that is unlikely IMO. A reverse split is not always a bad thing either. The dollar amount will typically remain the same. You just own fewer shares but with a high PPS value. This can be done to attract buyers.

Overall, IMO SNPW is solid as a rock. It may take a little more time to get the news we want to hear but it will be worth it. Remember, the RI project is just one of many projects in the works and the value is here. It is IMO highly undervalued at the moment.

GLTA and have a great weekend.