Sun Pacific Holding Corp (SNPW)

[wallstreet1231]

Here is where everyone can "see what’s in front of"them.

- The approval of the project. West Warwick planning board meetings on line for public review. The Medi was not aproved, it was denied. http://dem.ri.gov/programs/benviron/waste/medrecycler/medrecycle-denial-071321.pdf


- Validation of the the Medrecycler being environmental friendly, RI-DEM public records letter of "intent to approve" The DEM stated they have environmental concerns regarding pathogens. Specifically: “Regarding the second bullet, the Department looked at the risk of transmission of pathogens from the acceptance of the material to its treatment. Our primary concern is that the waste is shredded prior to treatment. Our Regulations prohibit the shredding of untreated waste except in a completely enclosed environment. A large part of our review has been focused on how this can be demonstrated. The Department believes it is not possible to meaningfully demonstrate that the shredding and conveyance is completely enclosed without testing of the actual system at this site. From the first review, throughout much of the past two years, this issue has been the major source of the Department’s concerns as we view the potential to aerosolize pathogens as the most significant risk.”
http://dem.ri.gov/programs/benviron/waste/medrecycler/medrecycler-decision-rep-comments-071321.pdf#page20


- Ri-Dem letter of denial on public record which had more to do with political pressure (an unconstitutional unlawful targeting of a specific business) and nothing to do with anti environmental impact by Medrecycler. As stated above, including link, there appeared to be convern over pathogens.

- Dollar validation of the value of the Medrecycler-RI project. State of RI public record that a 17 million dollar bond was approved for the Merecycler-RI project

- Validation that SNPW has the financial backing to complete the Medrecycler-RI project, RI-DEM public video public record where Nick tells all that he has one investor who is assuming the entire 17 million dollar bond to fund the Medrecycler-RI project.

Only one reason the stock is down 07% from it all time high but still up 675% since January 4 2021, is due to a rapid rise based on anticipation at that time. The anticipated date did not materialize and the price declined since that decline an appeal has been filed against the denial and two new locations have been identified in pyrolysis friendly states. Putting the company in a better position than it was in January 4 2021 before the run. On January 26, 2021, the stock price had a interday high of .3490. Once it hit .3490 it had a steep decline and closed the day at .14. On January 27, 2021, the stock opened at .1010 and closed the day at .0940. My point being the stock did trade at .3490 but for a very brief period. Probably unfair to use the .3490 as a baseline price when factoring declines from this range or a rise to this range.https://finance.yahoo.com/quote/SNPW/history?p=SNPW


A win of the RI_DEM appeal or an approval from one of the two other states that have shown interest in the Medrecycler could easily stark another major run any day.[color=red]Anything is possible on the OTC. My understanding/opinion is the Superior court ruling is key on whether the new law is applicable to SNPW. If the new law is applicable it would seem to be a waste of time for DEM to rule on anything. If the new law isn't applicable it would seem the DEM will be the key decision point.



Anyway, thought I would share my research and opinions as outlined above. I do believe SNPW was led to believe the Medi would be approved, especially with the "Intent to Approve." I think SNPW unfairly got the short end of the stick. My opinions.