Sun Pacific Holding Corp (SNPW)

[drugmanrx]

Let's say there was no RS and the company wanted 5 billion shares at it's discretion, with over 50.1% of the voting shares with a simple stoke of the pen and there they are 5 billion new shares.

So your point is moot..

It’s not a matter of how many shares have been used, rather the potential use going forward.

You are right currently there are roughly 1 billion shares new shares to use at their discretion, but what nobody knows is what that discretion might be.

First we don't know what price those shares will be sold at, which greatly will determine how many out of the billion will be needed to sell.

At $1.00 a share it only take 1 million shares to raise a million dollars at 2 dollars it would only take 500,000 shares and at 10 dollars it would only take 100,000 shares , while at 0.002 cents it would take 500,000,000 shares
One could also assume that if the company were going to need to sell shares it would be selling shares for financing a project which would add to the market value of the company.

Second: for all we know that discretion may be a forward split a very plausible scenario as well.

t's been almost a year since the infamous 4K-1 RS and yet after all the screaming about dilution, not a single share has been added to the OS.

The longer it takes for the company to dilute the better I feel that when or if dilution comes it will for something significant increasing the current stock price.