The 8k - agree, very confusing. The 10-K cannot be filed until the 10-Q for Q4 is filed. However, as can be seen below, they appear to intertwine the 10-Q for Q1 2020 with the 10-K. This makes no sense - read below. Thoughts? PS Why are they even discussing the 10-K in the 8k filing pertaining to Q1 2020. My opinions.
"In light of the circumstances and uncertainty surrounding the effects of the COVID-19 coronavirus pandemic on the business, employees, consultants and service providers of SUN PACIFIC HOLDING CORP. (the “Company”), the Company’s Board of Directors and management have determined that it will delay the filing of its quarterly report on Form 10-Q for the three months ended March 31, 2020 (the “Quarterly Report”) by up to 45 days in accordance with the SEC’s March 4, 2020 Order (Release No. 34-88318) (the “Order”), which allows for the delay of certain filings required under the Securities and Exchange Act of 1934, as amended. The Company’s operations and business have experienced disruption due to the unprecedented conditions surrounding the COVID-19 pandemic spreading throughout the United States and the world and thus the Company’s business operations have been disrupted and it is unable to timely review and prepare the Company’s financial statements for the 2019 fiscal year. As such, the Company will be making use of the 45-day grace period provided by the SEC’s Order to delay filing of its Annual Report. The Company plans to file its Quarterly Report by no later than June 29, 2020, 45 days after the original grace period due date (May 14, 2020) of its Quarterly Report."
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