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Monday, April 25, 2022 11:47:59 AM
I don't believe there is any avoiding R/S.
Recent history has shown that a RS was on the table for almost two years and was cancelled when the company thought the project was going to be approved. Based on the 10 K "On May 28, 2021, MedRecycler, LLC, exchanged its 51% interest in MedRecycler RI, Inc. a Rhode Island Corporation for a profit participation agreement with MedRecycler RI, Inc. MedRecycler RI, Inc. was created for the Medical Waste to Energy facility that the Company was attempting to finance and operate in West Warrick, Rhode Island. The Company no longer consolidates MedRecycler RI, Inc. as of May 28, 2021 and all Assets and Liabilities have been sold and/or settled.
"Liabilities have been sold and/or settled" debt of gone while retaining a profit participation agreement
The PT.IDN solar panel agreement is at least 2-3 years from any revenue
Incorrect solar panels are being made for the SNPW brand NOW in Indonesia and ready to sell per company twitter while they wait for the manufacturing facility to be up and running.
Per PR, "Additionally, at this time we are launching our OEM panel production in Indonesia which is under way for our Sun Pacific Power brand while we work at developing our USA factory."
the Foxess deal will not come close to bring any significant revenue to the company.
First and for most it is not a Distributorship job to promote the product it is the manufacture. and with a Fortune 500 pocket book behind FoxeEss promotion will not be a problem. Those comsumers looking for Foxess brand will do a simple google search and it bring them to SNPW website
Second, setting up call centers to take orders doesn't take much time or money nor does renting out warehouse space to ship from.
Third, Foxess inverts and batteries are arriving at SNPW as I type,significantrevenue will be coming in by the end by the end of 2023, just watch.
Recent SNPW News
- Form 15-12G/A - Securities registration termination [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 07/16/2024 05:42:01 PM
- Form 15-12G/A - Securities registration termination [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 07/16/2024 02:11:06 PM
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 07/15/2024 09:15:30 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 04/01/2024 09:04:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 10:15:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:30:36 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 10/23/2023 09:15:31 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 10/13/2023 09:00:08 PM
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