Sun Pacific Holding Corp (SNPW)

[drugmanrx]

Is or is not the company in a much better Financial situation today then it was on December 31, 2020 before the run while it had an approved 1000 to 1 RS on the books?

I ask this question based this opinion based on the facts presented by poster karmakaziXpert who repeated posted the Medrecycler_RI was a financial drain on the company, that the leasing of the facility and purchasing the equipment before an approve (which couldn't be done) was a waste of shareholder's value?

Instead of allowing Medrecyler to continue drain the finances of SNPW the CEO appears to have heard karmakaziXpert.

He sold sold the equipment, cancelled lease and reduce shareholder liability and deficit by almost 9 million dollars to put the company into a position to get an A grade investment rating from Invictus Risk management while only generating 7k a quarter.

This improved financial position has allowed SNPW to get approval from the State of Alabama to sell 50 million of Alabama bonds to help.support the Elba Power Corp. project.

Sometimes you have to give something to get to a better position.