Replies to post #11651 on Sun Pacific Holding Corp (SNPW)

[MG-Trader]

Very nice Info

[~ Blue ~]

SNPW definitely undervalued GEM, hope investors read all your posts

Main reason I feel so good about this company. YES! The CEO belief in the company with his faith vision, hard work, determination, and dedication.

This is his cash deposit:

"$1,700,000 cash deposit to a purchase of equipment costing approximately $7,200,000. The remaining balance MedRecycler-RI, Inc. has entered into an Indenture of Trust in the amount of $6,025,000.00 as bridge financing for a project in West Warwick, Rhode Island.

Read page: 11 under deposit. Then read page:15 under Indenture Of Trust.
https://www.sec.gov/Archives/edgar/data/1343465/000149315219013084/form10-q.htm

WOW this is unheard! The CEO Mr. Campanella making an effort deferred with no interest of his salary $180,000, plus bonus, and award stock… until the Company has the funds to pay him back. At June 30, 2019 and December 31, 2018, the Company had accrued compensation of $687,364, and $631,166, that amount added up over FIVE YEARS POSTPONE WORKING WITH NO PAY. For the sake of company future success he sacrifice all this time his money and one million dollar property. This is super strong belief in the company with his faith vision, hard work, determination, and dedication.

I see no other case like this occurred on the market.
Read under Employment agreement.
https://www.sec.gov/Archives/edgar/data/1343465/000149315219013084/form10-q.htm