Sun Pacific Holding Corp (SNPW)

[1jk1]

$SNPW> "Super Golden "

Option 14C RS doesn't bother me what so ever at this point or going forward. $SNPW tweeted multiple times in the past they would give everyone plenty of notice when and if they effectuate it .Also i think if needed it will be strategically done to get to a higher Tier exchange etc sometime in the future..

Also the 14c RS they had back in jan 2021 $SNPW stock went thru the roof from a low of .0016 -.35 in approx 3 weeks. Then it was cancelled the next month feb 2021.

>>> $SNPW at this time has Multiple ongoing Projects/Catalysts and Strategic Partners they did not have back in Jan 2021


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/

Its quite obvious that the potential 14c hangs over the proverbial neck of SNPW like a freshly sharpened Guillotine and as such until same is cancelled or drastically altered the status quo will surely prevail.

In addition, I highly doubt that the RS will be carried out at the nonsensical ratio thats been proposed ie 4000 - 1, but rather a smaller ratio could be done, BUT, only after the deal(s) are secured IMO.

The effect of this would be that the value added by said projects will be factored into the post RS pps and as such the likelihood of a precipitous decline could be averted or greatly mitigated.

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If the SEC wins a favorable Ruling from this in the courts.Huge $ amount could be awarded back to $SNPW/issuer.

https://www.corporatecomplianceinsights.com/sec-toxic-lenders/ (below)

These actions have resulted in substantial civil fines, disgorgement procedures, suspensions as penny stock dealers and cancellations of the underlying convertible notes. Inspired by these SEC actions, issuers have begun to proactively commence lawsuits to rescind these transactions. In response, courts have issued equitable orders returning the illicitly issued shares to the issuer or, alternatively, ruling that the issuer is to receive the dollar value of such shares.

$SNPW # 151 (scroll down)

https://www.securitieslawyer101.com/2023/sec-charges-auctus-fund-management-llc-and-its-co-owners-louis-posner-and-alfred-sollami-with-acting-as-unregistered-securities-dealers/

icymi

Dyodd [ /b]