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Replies to post #16403 on Sun Pacific Holding Corp (SNPW)
powerbattles
10/29/19 9:44 AM
#16418 RE: ABCtrader1027 #16403
10/29/19 9:47 AM
#16421 RE: ABCtrader1027 #16403
We estimate, of not less than $10,500,000 to complete the build out of phase one for the facility and $16,500,000 if you include consolidating the current $6,000,000 short term indenture. We have plans upon the successful launch of our phase one to double the capacity of the facility, which will require additional financing.
In order to secure actual operations of the Rhode Island Project, we estimate that MedRecycler-RI, Inc. must still secure a minimum of $10,500,000 in long term financing. MedRecycler-RI, Inc. is currently negotiating with the state of Rhode Island and potential bond financiers to secure the long-term financing for the Rhode Island Project
~ Blue ~
10/29/19 9:51 AM
#16431 RE: ABCtrader1027 #16403