Sun Pacific Holding Corp (SNPW)

[wallstreet1231]

Wouldn't the right time (conversion to NASDAQ) be after they have a couple of quarters of bringing in revenue, profits, winning business etc. Converting now could easily attract shorts at a $10 price post split price (1,000 reverse) or a $1 post split price (100 reverse). My take is it would be hard to sustain either of this prices post split until such time SNPW turns the corner on profitability.

Why not cancel the 14c and re-issue when it would seem the time would be right. Or is the right time now based on a potential stock restructure through a reverse - could provide alot of unallocated authorized shares to be used as needed.

Thoughts?

My opinions.