Replies to post #55421 on Sun Pacific Holding Corp (SNPW)

[wallstreet1231]

Number one thing for me is an update on the meeting of capital requirements in 2021 - where do we stand with this? This comes from their most recent 10Q outlined below. Anyone heard anything in regards to this?


"There is no material bankruptcy, receivership, or similar proceeding with respect to the Company or any of its significant subsidiaries. However, given the Company’s insolvency, there is a high risk that the Company may be forced to file for bankruptcy if the Company is unable to meet its capital requirements in 2021."

https://www.otcmarkets.com/filing/html?id=15180327&guid=dHbwk6ImV7x5B3h

My opinions.

[BlazingStocks]

Agreed, $SNPW has many potential updates to release, just a matter of time before the News flows!

[ProfitScout]

Yes, SNPW has multiple high earnings projects in its current business plan including the one for a major solar power facility in Durango, Mexico. Most recently we heard about the additional solar power project in Queensland, Australia. This is the time when effective clean energy power projects are needed all over the world like never before.

Sun Pacific Holding Corp’s Announces its National Mechanical Group Subsidiary Entered into a Partnership Agreement with Renewable Energy Engineers Aust. to Develop an initial 100MW Solar Farm in Queensland, Australia
News Link:
https://www.globenewswire.com/en/news-release/2021/06/15/2247425/0/en/Sun-Pacific-Holding-Corp-s-Announces-its-National-Mechanical-Group-Subsidiary-Entered-into-a-Partnership-Agreement-with-Renewable-Energy-Engineers-Aust-to-Develop-an-initial-100MW-.html