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Skiluc

04/16/22 3:28 AM

#58248 RE: wallstreet1231 #58247

Most start ups are insolvent. $350,000 gross profit from Revenue helps pave most of the way here, as the numbers show, with projectable growth at significantly rates, according to page 18, which i believe will only continue to grow and lead to Sun Pacific to be a significant profit generator! And i mean talk about a big time go green company. Now with an OEM production facility ready!

The gap to profitability as a whole company was significantly closed in 2021. Sun Pacific will be profitable this year on its current course. Its simple math really. Ill break it down further tomorrow, with pictures.

drugmanrx

04/16/22 10:29 AM

#58259 RE: wallstreet1231 #58247

Really doesn't matter does it?

The company is insolvent. The company appears under capitalized.


A year and a quarter ago

wallstreet1231

Thursday, December 17, 2020 9:38:53 PM

Re: justradethem post# 42682
Post# of 58258
The facts are clearly outlined in the 10q: 1) considerable dilution as Snpw hasn’t been able to support operations through cash flow and 2) a reverse split was issued - 1,000:1. Have you read the 10q- might want to do so. It is posted on otc.



With out a RS or dilution it appears not only have they been able to support operations but actually significantly expand the business over the last year and a quarter. At least that what I read in the 10K published yesterday.

Read the 10k published today


Since then

- signed an agreement with the subsidiary (FoxESS) a fortune 500 company Tsingshan Group to distribute all of their products

- entered into an agreement with a South Asian solar manufacturer to act as a original equipment manufacturer (“OEM”) for Sun Pacific Solar Panels and associated products."

- adding up to 60 bus benches in the City of Tallahassee

- obtained the funding to finance Durango

- continues to pay lawyers to fight the Medrecycler denial

- launched a new website

- signed an agreement with Aspire to provide feedstock for the development of six waste to recovery plants in Australia

- SNPW and ASPIRE Partnership Agreement with Renewable Energy Engineers Aust. to Develop an Initial 100MW Solar Farm in Queensland, Australia