Sun Pacific Holding Corp (SNPW)

[drugmanrx]

I believe an update was provided 6/3/21

Where do you conclude the company did not obtain financing?

Item 1.01 Entry into a Material Definitive Agreement.
On May 28, 2021, Sun Pacific Holding Corp. (the “Company”) entered into a Net Profit Participation Agreement and Assignment (the “Agreement”) on behalf of their wholly owned subsidiary MedRecycler, LLC (“MRLLC”) and with MedRecycler-RI, Inc. (“MRRI”) wherein in order to secure permanent financing for their medical waste to energy project (the “Project”), the Company has agreed to relinquish its interest in the equity of MRRI held by MRLLC while the Company is provided an economic interest in the Project without liabilities.

Don’t remember a specific update being provided on this tweeted opportunity


Seems pretty specific to me .

Since there were no other Medrecycler projects in other states reported in any of the future filings updates it could be concluded that they did not fair well in the other states reviews for tax exempt bonds.