Sun Pacific Holding Corp (SNPW)

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State of affairs

January 2021 when the stock had an approved option to do a 1000 to one reverse split on the books and a Total liabilities and stockholders’ deficit of $9,094,127 the stock ran from 0.002 to 34.9 cents to today there is an approved option to do a 4000 to 1 reverse split and Total liabilities and stockholders’ deficit of $97,863 with the possibility of financing of Elba Power corp occurring..

When total assets are greater than total liabilities, stockholders have a positive equity (positive book value). Conversely, when total liabilities are greater than total assets, stockholders have a negative stockholders' equity (negative book value) — also sometimes called stockholders' deficit.