Sun Pacific Holding Corp (SNPW)

[drugmanrx]

On January 04 2021 the stock price was .002 cents, just 2 weeks later still unable to sustain themselves as an ongoing entity the stock hit 34.9 cents.With an option for a 1000 to 1 RS on the books and no significant revenue.

wallstreet1231

Re: snpwfan post# 42954

Monday, January 04, 2021 10:15:43 PM
Post# of 78445
SNPW has been insolvent since their inception and have required debt and equity financing to maintain operations. They have failed to create cashflows from revenues sufficient to cover basic costs.

Value here isn’t going to be based on a reverse split - that is silly. Value is going to be based on Snpw being able to sustain themselves as an ongoing entity through the creation of revenue and profits. Processing a reverse split as an insolvent company seems to be a move out of desperation. I see this as a negative scenario for current shareholders.

My opinions as always.

Anything can happen at anytime.