Replies to post #58702 on Sun Pacific Holding Corp (SNPW)

[mess124]

That's neutral news, not good or bad. But

it would be better if the a/s decreased like the o/s will with the r/s

[wallstreet1231]

I can only comment as to the filing as stated below. I interpret this to mean the common stock will be 1b irrespective of a split or no split But this could easily be cleared up by snpw. So, will the max authorized be Irrespective of the split? The wording says to increase in authorized which leads me to believe in the event of a split - why else would the say increase, it is already 1b.


1) To approve the increase in authorized share capital to 1,000,000,000 shares of common stock (“Common stock”) (the “Common Stock Authorized Share Capital Increase”);
2. To authorize the Board the Option to effectuate a reverse stock split of our issued and outstanding shares of Common Stock (the “Reverse Stock Split Option”), at the sole discretion of the Board within 12 months of this Information Statement, without the issuance of another Information Statement, within the range of 100:1 through 1000:1.

My opinions.