Sun Pacific Holding Corp (SNPW)

[drugmanrx]

Interesting looking at the 10k while revenue decreased from 300,733 in 2010 to 289,0282 (during a pandemic) gross profit rose from 85,837 in 2019 to 250,220 in 2020 a 350% increase.

In 2019 the company loss 1 cent a share in 2020 o cents a share.

"Currently, the Company has been and is insolvent if you factor in the Company’s debt obligations."

I think that pretty much describes the vast majority of developmental stage companies on the market today.

So it appears if the Medrecycler bond is release SNPW will instantly become solvent as it's debt will be removed from the books.

Looking back at that gross revenue. looks like Nick is running a pretty efficient ship.