Sun Pacific Holding Corp (SNPW)

[wallstreet1231]

Receivables are generated from revenue/shipments. SNPW has roughly $1,200 in receivables. You want this number to be big, not small.

PS I would be very happy if SNPW was owed millions which would indicate they are selling millions of dollars of product. Why wouldn't their customer's pay? If this is a sincere risk then the option would be for customers to pay in advance or for snwp to not extend net payment terms, neither of which I view as a positve option.

My opinions.