Wednesday, June 09, 2021 12:21:19 PM
https://www.otcmarkets.com/filing/html?id=15009195&guid=R87UkF3Chk3Eu3h
Item 1.01 Entry into a Material Definitive Agreement.
On May 28, 2021, Sun Pacific Holding Corp. (the “Company”) entered into a Net Profit Participation Agreement and Assignment (the “Agreement”) on behalf of their wholly owned subsidiary MedRecycler, LLC (“MRLLC”) and with MedRecycler-RI, Inc. (“MRRI”) wherein in order to secure permanent financing for their medical waste to energy project (the “Project”), the Company has agreed to relinquish its interest in the equity of MRRI held by MRLLC while the Company is provided an economic interest in the Project without liabilities.
Medrecycler said in the past 10Q filings etc once it got near permanent financing it was going to do this. (ABOVE)
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GROSSLY UNDERVALUED
NEWS/UPDATES JUST KEEP COMING
Btw Economic Interest is in the filings.It equates to Millions of $ Annually for $SNPW/SHAREHOLDERS
"Everything i post is only my opinion"
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