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Saturday, February 18, 2023 8:38:35 AM
No definitive language stating the 14C was "canceled" as previous 14Cs filed and canceled versus choosing to "let it expire" (see safe harbor statement).
Excellent point about Safe Harbor Statement that is for the company's benefit and protection due to "key risk factors that might affect the statements’ accuracy".
A statement typically found in the fine print at the end of a corporation’s press release that says that the “forward-looking statements” are based on a number of events and assumptions. It cautions investors not to put too much reliance on these statements because they are subject to a number of uncertainties that the company can’t control and that may cause the results to differ from the statements. The readers of the release are referred to the company’s filings with the SEC for further information. The safe harbor statement received a large push from the Private Securities Litigation Reform Act of 1995. That law protects issuers of publicly-traded securities from liability for certain financial projections and related facts and figures. The SEC’s rules require companies to say that their projections are forward-looking and to include cautionary statements advising investors about key risk factors that might affect the statements’ accuracy.
Very interesting choice of wording in that January 25, 2023 8-K. Same with previous language used in previous tweets "not even a possibility" and "at this time" and "not happening soon".
Then there's the tweet using the word "canceled" but the 8-K says differently. No mention of the word "canceled" compared to previous 14C cancellations.
We are pleased to announce we have canceled our 14C as we proceed forward with our plans $snpw #solar #ManufacturingJobs https://t.co/DOcOxcuDKC
— Sun Pacific Holding Corp (@SunPacificPower) January 24, 2023
We are pleased to announce we have canceled our 14C as we proceed forward with our plans
just my opinion
good luck
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