Sun Pacific Holding Corp (SNPW)

[1jk1]

$SNPW> The Company also formed Elba Power Corp., an Alabama Corp. for the development of a Solar Assembly company. Elba Power Corp. had entered into a property purchase contract for approximately $3 million, which has expired.
* The Company is currently in discussions with the property owner’s representative. The Company has obtained the approval for an inducement resolution for $50 million dollars from the State of Alabama, along with a 100% tax abatement on sales and use tax in support of the development of a solar assembly plant. Elba Power Corp is currently working with potential funders in support of the capitalization and development of the project.
https://www.otcmarkets.com/filing/html?id=16862667&guid=1jg-kpw7lRDWJth (pg 9 )
>> Looks to me negotiations are on going.

https://www.crexi.com/properties/832581/alabama-industrial-propertywarehouse

DYODD