Replies to post #60104 on Sun Pacific Holding Corp (SNPW)

[Dolly Llama]

Ain't it the truth, Peeteman!

This boilerplate language is in virtually every OTC company's financials.

That's what I keep thinking every time I see those words posted. They fall under my favorite catchphrase: "boilerplate legalese". I think I've almost got them memorized now.

[Myth]

actually it isn't.....

boilerplate ?

The Company has an accumulated deficit of approximately $7.8 million and a working capital deficit of approximately $2.9 million as of December 31, 2021.