Sun Pacific Holding Corp (SNPW)

[blackitalion13]

The CEO is out of options. His sour grapes comment about lawsuits etc, and then mentioning back up locations without any applications on file it's obvious that this is over. The advertising iron failed miserably as the State of Rhode Island put the contract out for award again. That simple business could have brought in 800k to 1mm annually but the CEO chased his tail. The mask scandal probably that mentioned him by name didn't help him in any fashion.

I don't understand buying equipment, renting a facility and then hoping you would be able to make it work. I want to dig deeper to find out who has the lien on the equipment as I doubt it's going to remain in control of the company. I think the bond group will stake their claim. Unfortunately all that means is that the stockholders are left with zero. I hate to see investors lose money, but seems inevitable with this company. Best of luck, I hope it works out well for you.