Sun Pacific Holding Corp (SNPW)

[drugmanrx]

I personally don't believe it matters.

SNPW will run bigly if/when 14C is cancelled*.

SNPW has already shown it can run big with an approved 1000 to 1 RS on it's books IF THE RIGHT NEWS happens.

Last time the right news was an "intent to approve letter by the RI-DEM, this time it could be the securing of financing for the US Solar manufacturing facility or a FoxESS US media blitz campaign.

What history has already shown us.

Starting Jan 06, 2021 at 0.0020 with a 8K confirming a possible 1000 to1 RS in effect

The right news caused a high demand for the stock.

Feb 25, 2021 0.1080 0.1400
Feb 24, 2021 0.1060 0.1110
Feb 23, 2021 0.1120 0.1150
Feb 22, 2021 0.1190 0.1260
Feb 19, 2021 0.1400 0.1400
Feb 18, 2021 0.1150 0.1300
Feb 17, 2021 0.1380 0.1400
Feb 16, 2021 0.1500 0.1610
Feb 12, 2021 0.1380 0.1500
Feb 11, 2021 0.1530 0.1630
Feb 10, 2021 0.1810 0.2050
Feb 09, 2021 0.1790 0.2400
Feb 08, 2021 0.1500 0.1990
Feb 05, 2021 0.1060 0.1240
Feb 04, 2021 0.1240 0.1250
Feb 03, 2021 0.1240 0.1260
Feb 02, 2021 0.1350 0.1400
Feb 01, 2021 0.1150 0.1340
Jan 29, 2021 0.0960 0.1150
Jan 28, 2021 0.0930 0.1050
Jan 27, 2021 0.1010 0.1180
Jan 26, 2021 0.2450 0.3490
Jan 25, 2021 0.0980 0.2100

The public hearings put doubt in investor's minds that approval would happen.

The stock slowly began to decline even though the RS was cancelled Feb 25, 2021.

The eventual denial caused the stock to trend to levels before the RI-DEM letter of "intent to approve"

I wonder how many missed that run on that opportunity because of their fear of a potential RS.

And that rise in stock value was with out the FoxEss Global partnership, SNPW having it own brand of solar cell and plans to build their own solar panel manufacturing facility.