Sun Pacific Holding Corp (SNPW)

[wallstreet1231]

I seriously doubt a 100 to 1 reverse would make everyone happy, especially current shareholders.

A 100 to 1 reverse split would yield the outstanding shares (current shareholders) roughly 9,750,000 shares. The authorized shares would remain at 1 billion shares leaving 990,250,000 for future use as needed by the company. A 1,000 to 1 reverse split would yield the outstanding shares (current shareholders) roughly 975,000 shares. The authorized shares would remain at 1 billion shares leaving 999,025,000 for future use by the company.

Whether the unallocated authorized is 990m or 999m seems insignificant with regard to potential impact of current shareholders. Sure can't see where this scenario would make everyone happy, especially current shareholders.

"Max of a 100 to 1 would make every one happy as a path to a higher exchange!"

My opinions.