Thursday, December 19, 2019 5:05:18 AM
1) Sun Pacific Holding Corp.(SNPW) is a green energy company specializing in solar and waste to energy technologies. Sun Pacific operates several subsidiaries including Sun Pacific Power Corp, Street Smart Outdoor Corp, Medrecycler Inc, Bella Electrical LLC, National Mechanical Corp, and Sun Pacific Security Corp.
Sun Pacific's next generation solar power bus shelters and energy efficient lighting solutions offer customers turnkey systems that reduce the total costs of ownership while being environmentally friendly. The company is headquartered out of Manalapan, NJ.
Website: https://sunpacificholding.com/
Twitter Account (lots of Pictures and Videos): https://twitter.com/SunPacificPower
https://www.otcmarkets.com/stock/SNPW/profile
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2) SNPW 6 Subsidiaries:
>Sun Pacific Power
http://sunpacificpower.com
>Bella Electric, LLC
https://bellaelectric.com/
>Sun Pacific Security
http://sunpacificsecurity.com
>National Mechanical Group Corp.
http://national-mechanical.com/
>Street Smart Outdoor Advertising
https://streetsmartoutdoor.com
>MedRecycler
http://medrecycler.com/
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3) SNPW has 10 years Contract with Rhode Island Government ~
The Company has entered into revenue sharing agreements with the City of Tallahassee, the State of Rhode Island Transportation Authority, and the State of New Jersey, along with others to provide and manage up to approximately 1,700 Solar powered shelters and other related products for a period of up to Ten (10) years that may include providing WiFi Signal Boosters and Advertising in conjunction with the shelters and other related other outdoor related products. Depending upon the timing of installation and advertising revenue generated per shelter and or other advertising-based product, the Company’s Revenue may increase materially from this green energy offering.
PAGE 23
https://www.otcmarkets.com/filing/html?id=13603319&guid=IVxfUqWqs_0cLZh
Verified with SNPW's sub company Street Smart's operation with on the Rhode Island Gov. Transit Authority website~
RIPTA -Bus Shelter Advertising
If you are interested in advertising in RIPTA bus shelters, please visit:
Website: http://streetsmartoutdoor.com/
Email: info@streetsmartoutdoor.com or call 888-468-1414
https://www.ripta.com/bus-shelter-advertising
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4) SNPW is building a cutting edge Medical Recycling Power Plant, Medrcycler-RI, in Rhode Island
Identified, negotiated, and executed 10-year lease with 10-year option on an approximately 48,000 square foot facility for the Medical Waste to Energy project in West Warwick, RI.
Phase One initial manufacturing of casings and other elements of the plant equipment for the Medical Waste to Energy plant was ordered and manufacturing is underway, along with payment of an initial deposit of approximately $1.7M.
Completed initial Medical Waste to Energy plant layout, engineering and architectural design work.
Applied for and received Township of West Warwick, RI approvals to commence office buildout in the Medical Waste to Energy facility.
Initiated multi-year contract discussions with several national haulers to receive up to 70 tons per day of plant feed stock.
https://www.otcmarkets.com/stock/SNPW/news/Sun-Pacific-Holding-Corp-announces-updates-on-its-Medical-Waste-to-Energy-project-and-with-Street-Smart-Outdoor-Advertis?id=229060
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5) SNPW currently has guaranteed $16.32 million NON-DILUTIVE working capital from different sources including Rhode Island Government.
$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).
SEC FILINGS 10Q PAGE 18
https://www.otcmarkets.com/filing/html?id=13751834&guid=y6rvUew--YPWYyh
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$4.54 million bond form Rhode Island Government on October 30, 2019
Officially Approved By Rhode Island Goverment Treasure Staff $4.54 million bond.
http://debt.treasury.ri.gov/notice-of-public-sale-reporting/#nps-reporting/notice-of-proposed-sale-details2/5db9c7bb13ed2f0015103b23/
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$3.1 Million From The Energy Equipment Manufacturer as a partnership agreement October 21, 2019
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.
SEC FILINGS 10Q PAGE 18
https://www.otcmarkets.com/filing/html?id=13751834&guid=y6rvUew--YPWYyh
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6) SNPW~ Another $12.66 Million Rhode Island Government bond approval on December 18, 2019
Proves evidence confirmed by department treasure Rhode Island Government.
http://debt.treasury.ri.gov/notice-of-public-sale-reporting/#nps-reporting/notice-of-proposed-sale-details2/5db9c67851c0ab00151e705c/
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7) The company gets all permits for Medical Recycling Plant
Medical and Infectious Waste Program of the state Rhode Island is initiated, with rules and regulations this isn't an easy accomplished task.
Regulated Medical Waste
http://www.dem.ri.gov/programs/wastemanagement/facilities/medical-waste.php
Air pollution control permit
https://cdn.discordapp.com/attachments/464875287507763202/644223307629199420/Air_Pollution_Control.pdf
EPA permit Estimated completion date December 21, 2019!
Syngas generators already meet EPA-NSR permit requirements (NSR-means New Source Review
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152666880
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8) Grand opening Medical Waste Disposal Waste to Energy Power Plant Schedule to open by the first quarter of 2020
https://twitter.com/SunPacificPower/status/1201965664078123009
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9) SNPW’s another Subsidiary National Mechanical Group, in Partnership with Blissful Holdings, Identifies $80 Million Project Funding Source/Partner for Solar Farm Project in Durango, Mexico
https://www.otcmarkets.com/stock/SNPW/news/Sun-Pacific-Holding-Corps-Subsidiary-National-Mechanical-Group-in-Partnership-with-Blissful-Holdings-Identifies-80-Milli?id=246887
Billion dollars JA Solar and Mexican Blissful Holdings will be partners
http://www.jasolar.com/html/en/en_overview/
http://blissfulholdings.com
https://www.otcmarkets.com/stock/SNPW/news/Sun-Pacific-Holding-Corps-Subsidiary-National-Mechanical-Group-in-Partnership-with-Blissful-Holdings-Identifies-80-Milli?id=246887
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10). SNPW has New Patents for Solar Panels. The company wants to use this patent either for manufacturing solar panels or licensing of the Technology in 2020
On November 26, 2019, the United States Patent and Trademark Office issued patent number US 10,490,682 B2 to National Mechanical Group Corp., a wholly owned subsidiary of Sun Pacific Holding Corp., for a Frame-Less Encapsulated Photo-Voltaic (PV) Solar Power Panel Supporting Solar Cell Modules Encapsulated Within Optically-Transparent Epoxy-Resin Material Coating a Phenolic Resin Support Sheet. A copy of the patent is attached hereto.
https://www.otcmarkets.com/filing/html?id=13768052&guid=kWivUqRAI_qBpEh
FOR PATENTS: http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PTXT&s1=%22US+10,490,682+B2%22&OS=
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11) SNPW CEO's Fox News interview is important they plan a NEW solar Panel factory in Florida to create 800 jobs
"We have 30 employees and they want to create 800 new jobs..
https://vimeo.com/253304954
SNPW CEO other interviews with national media Fox News, ABC 6 News, RT News! ~
https://vimeo.com/sunpacific
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12) SNPW current Audited financial statement As of September 30, 2019
Revenues: $101,923
Cost of Revenue: $41,422
Gross profit: $60,501
Total Asset: $6,721,549
https://www.otcmarkets.com/filing/html?id=13603319&guid=83VfUqqAT9a97yh
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13) SNPW Share Structure As of December 02, 2019
Authorized Shares: 1 Billion
Outstanding Shares: 627 million
CEO Holds 33 million shares.
Float under 600 million shares.
https://www.otcmarkets.com/stock/SNPW/security
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14) SNPW CEO cleaned all convertible notes, NO DILUTION AND NO REVERSE SPLIT
NOV 20, 2019 PR CEO Campanella: "We would like to reaffirm that, at this time, the company is not undertaking a reverse stock split ”
https://www.otcmarkets.com/stock/SNPW/news/Sun-Pacific-Holding-Corps-Subsidiary-National-Mechanical-Group-in-Partnership-with-Blissful-Holdings-Identifies-80-Milli?id=246887
October 15, 2019, EMA Financial, LLC (“EMA”) presented its last conversion notice for common shares in the company that extinguished the remaining outstanding balance on its convertible debt agreement.
https://www.otcmarkets.com/stock/SNPW/news/Sun-Pacific-Holding-Corp-Announces-Final-Conversion-of-Common-Stock-in-Settlement-of-its-Convertible-Debt-with-EMA-Finan?id=243561
Also Confirmed by CEO's Email: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152747572
SNPW CEO postponed 5 years of his earnings until the company has the money to pay him back. The total of his compensation is $687,364 and $631,166, respectively.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152769145
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15) There are some great DD links to be checked posted by Powerbattles and others..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151892895
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152676217
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152769145
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152792685-
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152769106
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To Sum Up, The company has 6 subs, 30 employees, patents, and their cutting edge medical recycling plant will be operational in the First Quarter of 2020 in Rhode Island.
For me, SNPW is one of the most undervalued among a few legit stocks on the OTC Market. Because The Company currently has 29 Million Dollars Capital and 627 million outstanding shares. If you divides $29 million Capital/ 627 million shares = .046 dollars capital per share.
This is my DD, please read, check links make your own DD before investing or shorting any stock.
I am long.
~Blue~
follow me on BLUE SKY BREAKOUT
Recent SNPW News
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