Replies to post #59108 on Sun Pacific Holding Corp (SNPW)

[chemist72]

Here's FACTS about bus shelters in Rhode Island.
From the last 10-K:

The investors receive 100% of the profits from the Rhode Island contract to install 20 bus shelters until 100% of the initial investments are returned. Thereafter, the investors receive 20% of the remaining profits from Rhode Island contract. As of December 31, 2021 and 2020, no profits have been earned on the Rhode Island contract, no repayments have occurred, and the total amount of investments received totaling $260,00 is reflected on the accompanying consolidated balance sheet as a Project Financing Obligation.

Also, from the last 10-K, note the following:

The Company is also presently in the process of adding up to 60 bus benches in the City of Tallahassee and has engaged two new commissioned sales individuals to assist the company in increasing its advertising revenues in the City of Tallahassee marketplace, along with adding improved sales advertising capabilities in an effort to improve advertising utilization.

Why "bus shelters" in Rhode Island and "bus benches" in Florida? Two different products?