Replies to post #41178 on Sun Pacific Holding Corp (SNPW)

[knrorrel]

When should the split take place ? Maybe NEVER ? i read : " .... to effectuate a Reverse Stock Split of the Common Stock of the Company at the sole discretion of the Board within 12 months of said Information Statement, without the issuance of another Information Statement, within the range of 100:1 through 1000:1. The Information Statement is available at the following link:

https://www.sec.gov/Archive "

? I'm reading right - CEO got the opportunity

within 12 months he CAN do an R / S without notice ..... but doesn't have to? (For example, if the PPS increases by itself in the next few months?)

Can someone explain whether I - so roughly - understand correctly?