SNPW(.0025) current capital per share .046 dollars. share price .0025 MONSTER CHEAP
SNPW currently has $28.9 million NON-DILUTIVE working capital from different sources including Rhode Island Government.
SNPW has 627 MILLION OUTSTANDING SHARES
28.9 million dollars capital/ 627 million shares =.046 dollars capital per share.
$8.72 Million NON-CONVERTIBLE BANK Loan From UMB Bank, N.A. on October 9, 2019.
On October 9, 2019, the Company entered into the First Amended Indenture of Trust (the “Amended Indenture”), with UMB Bank, N.A., a national banking association (“UMB”) increasing the principal under the original Indenture of Trust by two million seven hundred thousand dollars ($2,700,00.00). As a result, MedRecycler-RI, Inc. owes an aggregate of eight million seven hundred twenty-five thousand dollars ($8,725,000).
On October 21, 2019, MedRecycler–RI, Inc., a subsidiary of the Company (“MedRecycler”), entered into a profit participation partnership agreement with its medical waste to energy equipment manufacturer. The manufacturer will contribute approximately $3.1 million in Hydrochloric acid (“HCL”) refining equipment that will allow elements of the MedRcycler medical waste residuals to be processed into HCL for sale. The partnership agreement provides for the contribution of the processing equipment in return for a twenty percent (“20%”) gross profit participation right from the processing and sale of the HCL.
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