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Re: 1jk1 post# 42761

Wednesday, 12/23/2020 3:23:51 PM

Wednesday, December 23, 2020 3:23:51 PM

Post# of 82173
A great point I hadn't really considered... Since they can invest in the project itself, there is no reason to R/S SNPW stock to make it attractive since that's not where we'd want investment anyway.

I assume any future projects can be structured similarly. If our little SNPW holding company collects enough funds over the years, maybe we could 'self-fund' a project at some point, but at that point we wouldn't need outside investment anyway.

Pretty cool actually... how much of an investment we got that didn't dilute SNPW at all. Yes, we had to give up a good portion of the profits on this particular project.... but I'd venture to say that most of us didn't invest because of one facility anyway.. We invested with the idea of replicating this across the country and if sharing a little bit of ownership in our fist facility allows that to happen... Great!

Hopefully this Operating Permit comes soon!


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