Sun Pacific Holding Corp (SNPW)

[wallstreet1231]

The wording is interesting - I interpret the 14c to cover two items - the reverse and the increase to 1b post split. Why else would they list the increase to 1b - already there.

What's interesting is I don't believe it is required to reverse split the non authorized outstanding shares. That is why some put a disclaimer stating they will not buy shares in the open market when they announce a split where the unallocated authorized are exempt from the split.

Probably best the company answer conclusively. Going direct to the source is always best.

My opinions.