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Re: 1jk1 post# 80772

Thursday, 01/18/2024 10:24:00 AM

Thursday, January 18, 2024 10:24:00 AM

Post# of 82118
OPTION Only>No, the 14C does/did not schedule an R/S for 11/2/2023 , 11/12/2023 or going forward etc at this point. The 14C gives the Board an R/S OPTION which becomes effective on that date. Once effective it will give the Board the option to effectuate a reverse split at any time at its discretion. So the Board could choose to effectuate a reverse split, or choose not to. The Board has given itself this option several times in the past (below), but as we know, that has never led to a reverse split actually being effectuated by SNPW.

https://www.otcmarkets.com/filing/html?id=17000358&guid=Be5-kWrUh_JpJth

On page 2 the 14C refers to the "Corporate Actions" that the Board approved on October 13th, 2023:

Reverse Splits Cancelled >.

https://www.globenewswire.com/en/news-release/2021/02/25/2182632/0/en/Sun-Pacific-Holding-Corp-Announces-Cancellation-of-Reverse-Split.html

https://www.rochesterfirst.com/business/press-releases/globenewswire/8735778/snpw-board-of-directors-have-decided-to-allow-the-period-to-lapse-and-to-waive-its-option-to-implement-a-reverse-stock-split/





Remember that a fully reporting company like SNPW is 100% accountable to the SEC for accuracy and truthfulness in everything that the company states in its filings, in its news announcements and even on all its social media or any other public platform. That is why information directly from the company can be relied upon by investors as factual and valuable in due diligence. This is very different from the "opinions" of any anonymous individuals who are accountable to no one.


SEC Fully Reporting and Annual Consolidated Financial Statements are Audited to.








icymi dyodd
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"Everything i post is only my opinion"

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