Replies to post #13399 on Sun Pacific Holding Corp (SNPW)

[powerbattles]

The quote below is just the related partnership with angel investors put up the money upfront for the company to do the sign. They have solar bus stops, solar trashcans and “street kiosks.” sign poster and also digital sign as well. Keep in mind Street Smart Outdoor Corp form the CORP in June 2018 therefore, they still in early RD first stage of development of a potential new service production process. In less than a year Street Smart Outdoor manage expanding in NJ, RI, NJ, NY, CA , AL, GA, SC, WV, MD. Some might not see the big pic here. IMHO they are tap into a market for massive growth revenue.

More details on the agreement with Rhode Island and Other questions you mention here can be find in link below. If you willing to dig deep all your answer is in the filings.

This company's 100% legit. Financials audited and register with the SEC.
https://www.sec.gov/cgi-bin/browse-edgar?CIK=0001343465&action=getcompany

In June 2018, the Company received proceeds of $260,000 pursuant to a partnership agreement and related partnership contribution agreements with third party investors, pursuant which investors have agreed to provide financing for no less than (10) ten new bus shelters being installed annually. Each investment in the partnership grants the investor the right to preferential distributions of profits related to the Company’s contract with Rhode Island. The investors receive 100% of the profits from the Rhode Island contract to install 20 bus shelters until 100% of the initial investments are returned. Thereafter, the investors receive 20% of the remaining profits from Rhode Island contract.

All your question are legit and you can find all the answer in the link below. If you digging deep you can find it easily.