Sun Pacific Holding Corp (SNPW)

[karmakaziXpert]

Need revenue or everything else means nothing. Can't survive being a broker and wholesale distribution company without the inventory and warehouse space. The tweets asking for help with other wholesale and warehouse space made it evident that the company is not prepared to sell at any serious level.

Wall Street has made it very clear, that, companies that don't generate enough revenue, to throw off a profit, will not survive. 2-3 years waiting on projects to start is not good when you know it will take 1 to 1/2 years to start generating any real revenue. Then it's the test of enough revenue to make a profit.

The company appears to have 1 employee? It will need a lot of cash to hire expertise to market and sell. What is available to sell right now? Anything listed on website could not be bought, today, if needed within 2 weeks or even 2 months. What does that tell you about projected sales for the 3rd quarter (or even 4th quarter) and already 1 month deep?

Foxess deal was done in November 2021.
https://www.globenewswire.com/en/news-release/2021/11/30/2343223/0/en/Sun-Pacific-Holding-Corp-Becomes-an-Authorized-Distributor-of-FoxESS-Inverter-and-Energy-Storage-Solution-Products-to-North-America-South-America-and-Australia.html

Over 9 months ago and only testing inventory product shipped? That tells me the lithium batteries to be sold, in the USA, might not be certified, nor on hand, to sell, until late 2022 or early 2023.

Please reply with any feedback if you disagree with the reality of above opinions. But, please don't bring up "mass production" of anything.

just my opinions

good luck