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karmakaziXpert

12/03/23 6:11 AM

#79330 RE: benjaminc1100 #79327

here's a huge update since Nov 2022
Month of February Alabama docs were posted on twitter
they're a joke now.
company is always starting over from scratch after not even leaving the gate

that insurance wrap must look like a dead fish after being in the sun for 12 hours

think about it benji.
since the infamous invictus insurance wrap grade announced on Nov 14, 2022:
- Spp's subsidiary lost its Ri transit revenue contract due to termination
- Medrecycler possession was taken by the ceo
- Elba, al property LOI (promoted) expired
- Elba, al property purchased agreement signed (promoted) and expired
- PT. IDN solar tech making Spp solar panels is dead in the water (never happened)
- Spp resorted from have an OEM making its own Spp brand panels to
becoming a reseller as a last resort and used it as an excuse to buy time
before building a solar panel plant and hasn't sold one of panels yet and will never sell one (kazi's opinion)
- Spp's subsidiary lost another revenue contract with Florida transit company
- Spp quarterly revenue went from 30K (still peanuts) in Q3 2022 to ZERO revenue in Q3 2023
- cash equivalents went for $272K in Q3 2022 to $21K in Q3 2023
- accounts receivables went from $7,500in Q3 2022 to $1,650 Q3 2023
- and company suffered an approximate additional 750K+ in operating losses since Nov 2022

how's that infamous invictus insurance wrap grade looking today.
and its in the name of EPC now anyways.
EPC the company with a business registration and a website with one page saying coming soon

good luck with those 10 month old alabama inducements and incentives that are worth as
much as the company's non-glass solar patents after 4 years of promotions and unable
to get them U.L. certified (maybe that's some partner's fault too)

hehehehe

my opinions are just that

good luck
Bearish
Bearish

1jk1

12/03/23 12:01 PM

#79339 RE: benjaminc1100 #79327





Mr. Campanella further added, "The state has approved an inducement resolution for $50 million dollars and a 100% tax abatement on sales and use tax which will save us millions of dollars for our equipment and development. Our insurance wrap allows us to offset the risk for our key funders."

Still on the table???????????????????




Check when they expire.

Happy Holidays.
Bullish
Bullish