News Focus
News Focus
icon url

~ Blue ~

12/09/19 10:37 PM

#24209 RE: The Rainmaker #24208

Read dd all links here! that is not convertible notes bank loan. 8.72 million dollars https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152676217
icon url

~ Blue ~

12/09/19 10:41 PM

#24210 RE: The Rainmaker #24208

NAH~HERE IS THE PR: Sun Pacific Holding Corp. Announces Final Conversion of Common Stock in Settlement of its Convertible Debt with EMA Financial, LLC
Press Release | 10/17/2019
MANALAPAN, N.J, Oct. 17, 2019 (GLOBE NEWSWIRE) -- Sun Pacific Holding Corp. (Other OTC: SNPW) reports that on October 15, 2019, EMA Financial, LLC (“EMA”) presented its last conversion notice for common shares in the company that extinguished the remaining outstanding balance on its convertible debt agreement.

Nicholas Campanella, CEO of Sun Pacific Holding Corp, stated, “We are pleased that we have received the last notice of conversion in satisfaction of our EMA convertible debt. We believe this action should relieve excessive selling pressure on the trading of SNPW shares in the market. This final conversion of common stock, coupled with the recent settlement of our convertible debt with Auctus Fund, LLC, substantially concludes the convertible debt arrangements that we had entered into with EMA and Auctus in 2018. While these funding agreements were necessary to allow Sun Pacific to move forward with its business plans, we are glad that they have come to an end.

https://www.otcmarkets.com/stock/SNPW/news/Sun-Pacific-Holding-Corp-Announces-Final-Conversion-of-Common-Stock-in-Settlement-of-its-Convertible-Debt-with-EMA-Finan?id=243561
icon url

The_Edge

12/09/19 11:09 PM

#24215 RE: The Rainmaker #24208

Welcome Rain..raining silver soon
icon url

powerbattles

12/10/19 3:19 AM

#24255 RE: The Rainmaker #24208

ROTFLMAO! liabilities $9,715,100! let's me make it clear! the liabilities increasing is because the approval LOAN $8,725,000 BY UMB BANK, NA.
Note payable net discount is the recent settlement of our convertible debt with Auctus Fund, LLC, and EMA.

I CONSIDER ALL THAT IS DAMN GOOD NEWS.

This final conversion of common stock, coupled with the recent settlement of our convertible debt with Auctus Fund, LLC, substantially concludes the convertible debt arrangements that we had entered into with EMA and Auctus in 2018. While these funding agreements were necessary to allow Sun Pacific to move forward with its business plans, we are glad that they have come to an end.