Sun Pacific Holding Corp (SNPW)

[drugmanrx]

For all remaining holders, come Tuesday morning there is one Hail Mary left in the playbook

SNPW now has 244,193 shares of common stock outstanding.

If financing news and closing of the property comes before dilution, there is still a probability of profit. A hundred dollar stock price (2.5 cents pre-split ) would be a 24,419,300 market cap., a two hundred dollar stock price (5 cents pre split) would be a 48,838,600 market cap which the company has exceeded before.

If the RS was done to make room for the new tenants (the lender(s) ) then that is still possible.

If the RS was done to raise money and dilution starts it looks like we go home empty handed.


Now before any one chimes, in an important point to consider is if SNPW remains above $5.00 (0.00125 pre-split) with significant news and before dilution, a whole difference class of money will have the opportunity to buy the stock.

The '$5 Threshold' Trading Strategy Explained Stocks that trade below $5 are considered so risky that institutional investors, including pensions and mutual funds, aren't allowed to buy penny stocks and can even be required to sell securities that fall below the $5 mark

When stocks cross the $5 barrier in a bearish manner and institutions sell, the market is flooded with shares and the price is driven down. When a stock rises over that $5 threshold, institutions and hedge funds can, and sometimes do, load up on shares which in turn drives the price higher.

https://finance.yahoo.com/news/5-threshold-trading-strategy-explained-180144123.html

Best of luck