No, the 14C does/did not schedule an R/S for 11/2/2023 , 11/12/2023 or going forward etc at this point. The 14C gives the Board an R/S OPTION which becomes effective on that date. Once effective it will give the Board the option to effectuate a reverse split at any time at its discretion. So the Board could choose to effectuate a reverse split, or choose not to. The Board has given itself this option several times in the past, but as we know, that has never led to a reverse split actually being effectuated by SNPW.
$SNPW Management is clearly making moves to get 2024 off to a good start. Sun Pacific Holding Corp@SunPacificPower Our site visit will be January 12th-14th with our team from Sun Group/GEP and SC-Solar to ensure we will have a productive process. We look forward to working leaders in the industry that will help expedite the process with training and supply sourcing.
Our site visit will be January 12th-14th with our team from Sun Group/GEP and SC-Solar to ensure we will have a productive process. We look forward to working leaders in the industry that will help expedite the process with training and supply sourcing $snpw#solarpic.twitter.com/8E1E7FAHqB
— Sun Pacific Holding Corp (@SunPacificPower) January 4, 2024