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Sun Pacific Holding Corporation (PK)

Sun Pacific Holding Corporation (PK) (SNPW)

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Closed February 22 04:00PM

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SNPW Discussion

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wallstreet1231 wallstreet1231 55 minutes ago
What does snpw have to offer in any negotiation? Seriously, what do they have?


You may be right, but (purely speculating now) if FoxEss with it ties to Tsingshan Group helped finance the US facility and took a part interest in ownership of SNPW , as collateral for that financing aid you REALLY don't believe Hedge funds would not want to add them to their portfolios?
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rickstereo3333 rickstereo3333 4 hours ago
After WAMU emerged from bankruptcy as WMIHC (Washington Mutual Investment Holdings Corp) many claimed it would amount to nothing.

Today that ""turd"" is called COOP.

Sooner rather than later youll get a definitive answer IMO.
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drugmanrx drugmanrx 8 hours ago
Draw your own conclusions.

Great accommodations and hospitality from our partners FoxESS and Tsingshan Group and for hosting our visit as we focus on our future goals $snpw #battery #solar #relationship pic.twitter.com/kNHRqXBfY6— Sun Pacific Holding Corp (@SunPacificPower) December 4, 2023

#relationships after leaving FoxEss

Our last visit for the day was meeting with SC-Solar for the best and most efficient designed fully automated solar equipment.
SC-Solar has become a leader in solar manufacturing equipment with the highest market share in the industry. $snpw #Solar #USA #manufacturing #green pic.twitter.com/l75lEyWnlF— Sun Pacific Holding Corp (@SunPacificPower) December 5, 2023

Next day

Sun Group/GEP and SNPW partnership site visit to review finished product and processing needs for solar panel manufacturing $snpw #SOLAR #POWER pic.twitter.com/IYFnboWjhK— Sun Pacific Holding Corp (@SunPacificPower) December 6, 2023

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 #solar pic.twitter.com/8E1E7FAHqB— Sun Pacific Holding Corp (@SunPacificPower) January 4, 2024

Measuring delivery doors and plant with SC-SOLAR, GEP/Sun Group team for best design and efficiency. $snpw #solar #battery #usamade #sitevisit pic.twitter.com/DY0RoWrGEl— Sun Pacific Holding Corp (@SunPacificPower) January 21, 2024

#Battery ,#site visit doesn't Foxess sell batteries
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dakotasentme dakotasentme 9 hours ago
There is absolutely ZERO proof of this!!

"which led to a site visit January 12 to 14.with three other companies visited during that same trip."

We saw ONE other person with the CEO at some yet-to-be-disclosed location, ...and a cheap tape measure!!

Get real!! It's a never-ending ruse!

And all we've heard from the CEO since this latest rug pull was crickets....
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drugmanrx drugmanrx 9 hours ago
You may be right, but (purely speculating now) if FoxEss with it ties to Tsingshan Group helped finance the US facility and took a part interest in ownership of SNPW , as collateral for that financing aid you REALLY don't believe Hedge funds would not want to add them to their portfolios?

I doubt that.

Just a note means absolutely nothing but
SNPW has been a partner of FoxEss for over two years, and in that period of time SNPW has not contributed (based on the filings) not one dime to FoxEss bottom line yet today FoxEss continues to list SNPW as a global partner, And SNPW had a meeting with Foxess on Dec 4 2023 which led to a site visit January 12 to 14.with three other companies visited during that same trip.
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Huggy Bear Huggy Bear 10 hours ago
The only people investing in this obvious scam are penny stock marks.

Hedge funds?

Good Lawd man.
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drugmanrx drugmanrx 11 hours ago
Let me put it this way.

Is there any chance this turd would run to $50??

There are only 250,000 outstanding at the moment.

If the stock goes and hold above $5.00 dollars there is a whole different class of investors that WILL HAVE THE ABILITY to then purchase this stock. Hedge funds, mutual funds, big money.

So yes if significant news comes before dilution there is a possibility the stock COULD (for those bashers out there not saying it is) very easily go over a hundred dollars.

100 dollar a share would only be a 25,000,000 million dollar market cap.the company has had over a 100,000,000 million market cap in 2021.

If no news and major dilution sub-pennies could be seen again.
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Nostradamus2012 Nostradamus2012 12 hours ago
Is there any chance this turd would run to $50??
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drugmanrx drugmanrx 12 hours ago
When dealing with any stock that been insolvent since inception the chance of losing everything is high.

I personally invest in sub pennies stocks based on their relationships..

I came here because of Medrecycler and the relationships the company formed with West Warwick and RI-DEM and believing that both entities would exam SNPW under great scrutiny and if there was any thing questionable about the company or their project they would expose it.

I was lucky that I brought before the run and was lucky enough not to hold on to all my shares and sold half at a very good profit.

I will remain a stock holder of SNPW and I am trying to buy more.

For those that still hold fingers crossed News before dilution.

Again based on the new relationships they have formed, believing that Billion dollar companies scrutinize companies very deeply before partnering with them and if their was any thing questionable about the company they would not keep a relationship with that company for over 2 years while that relationship has not provided any benefit to date.

But that is just me.

The same to you best of luck but better yet good health.
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chemist72 chemist72 12 hours ago
"I know what I own and the high risk involved."

I thought similarly last year. But when I re-evaluated this stock, I realized that in all likelihood I owned an OTC scam stock.

I didn't react immediately and so I lost ~$750 when selling all my SNPW late last year and early this year. Fortunately, I didn't go "crazy" buying those cheap shares under a penny and was lucky enough to reduce my losses when SNPW had that last run to ~$.80.

This is just my own story and doesn't really apply to you or anyone else specifically. I just wish folks would re-examine their own DD in light of the recent retrenchment of SNPW (temporarily SNPWD) to the trips (before correcting for the 1:4000 reverse split).

Good luck with your holdings. I'm still watching here for the final chapter in this story. With more reverse splits, this story could go on for many more years.
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chemist72 chemist72 12 hours ago
Very observant. Every 1K traded equivalent to 4M presplit SNPW.

So for example, 5283 shares SNPWD traded yesterday was equivalent to 20+M shares presplit SNPW.

Today's volume of 7,850 (so far) is equivalent to 30+M shares presplit SNPW.

There's still interest in trading this ticker no matter what the share price is. So far.
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wallstreet1231 wallstreet1231 13 hours ago
Any recent news directly from SNPW on financing, securing a site and outcome of the site survey last month?
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drugmanrx drugmanrx 14 hours ago
No worries here at all.

As I stated I believe the last Hail Mary for us longs is significant news before dilution.

Since I only invest my money and I never recommend a buy sell or hold I am very comfortable in my own skin and my personal opinions I put forth.

But in case you are wondering I have 2 buy orders in I am hoping to get filled. but that's me.

ROFLMAO!

Oh BTW

I posted when this RS option was approved that I thought it felt different then the other two and that this one might actually happen.

I will be more then happy to repost it if you like,.

Difference between you and I you are subjectively negative and while I am very optimistic i am objective,

I know what I own and the high risk involved.
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karmakaziXpert karmakaziXpert 14 hours ago
Drx what happened to that Tuesday News?

And you wonder why nobody trusts anything you hype? You've been wrong about every highly hyped and promoted project.

Seriously, you never get anything right and now look at where people are with their portfolios if they listened to anything you post for almost 3 years.

Now go ahead and continue to tell us how much money you made on the fake run over 3 years ago. Lmao!

my opinions are just that

good luck
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Midwestrader Midwestrader 15 hours ago
There are brokers who don't charge commission. They make millions off the money setting in traders accounts. BTW,many of these are peeps that buy 1 share before the RS for a bit of nothing. After the split that share is rounded up to 1 share at the higher price so they "claim" they make money. Watch a ticker the day before a RS is to take place and watch the endless 1 share buys.

I doubt it though because most brokers charge a fee of $35 or so when a RS takes place to replace the shares post RS.


Sell 1 share and have to pay more commission than the share is worth?
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dagaz dagaz 15 hours ago
its toast. ill probably never invest in a penny stock every again.
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1jk1 1jk1 16 hours ago
$SNPWD>Yes and $2 a share = .0005 pre RS split


20 million traded equivalent in the first 30 minutes.

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wassabi21 wassabi21 16 hours ago
20 million traded equivalent in the first 30 minutes.
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chemist72 chemist72 16 hours ago
Opened at $2.80 - currently $2.20 - low $1.50

Lots of volatility so far today.
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chemist72 chemist72 1 day ago
Keep an eye on OS. Currently 244,193.

https://www.otcmarkets.com/stock/SNPWD/security
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chemist72 chemist72 1 day ago
Share price hanging in there today. UP 65% from Friday's close.

Volume also decent. About 14.7M equivalent pre-split shares.
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drugmanrx drugmanrx 2 days ago
Fair point. Just thought the human emotion panic and disappointment would be far greater force adding to the selling,

Considering the threat as you point of possible MASSIVE DILUTION I just find it surprising on the amount of shares remaining in strong hands.

Maybe they too believe (hoping) news will happen before dilution.
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wallstreet1231 wallstreet1231 2 days ago
I am not surprised at all. The reverse split was so large it reduced current holders from roughly 975m shares to 243K shares. The 17,284,000 you reference equates to 4,321 post split. Why would the remaining holders of 240K shares not have sold - why would they? The price as of this writing is 2.80 post split. This equates to a price of .0007 pre split. Very possiblle that many, if not all, of these shares are underwater. Why not let them ride? I think it is human nature. Look st how many lottery tickets are sold each week, to buyers who don't really expect to win but maybe, just maybe they might. PS Holders pre split that purchased shares at .005, and some bought much higher during the recent rise, need a price of $20 to just get their money back. I seriously doubt $2.80 excites them.

My opinions.



I am surprised only 17,284,000 pre split traded since the split,
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drugmanrx drugmanrx 2 days ago
I am surprised only 17,284,000 pre split traded since the split,
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wassabi21 wassabi21 2 days ago
Sell 1 share and have to pay more commission than the share is worth? I don't think so...

It is MMs, not retail.
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Alias12345 Alias12345 2 days ago
Someone left with 1 share after reverse split and just wants to be done with it.
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dakotasentme dakotasentme 2 days ago
What do you guys make of all the single stock trades?
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chemist72 chemist72 2 days ago
SNPWD trading today. Volume as I write 1,120.
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dakotasentme dakotasentme 3 days ago
So you've packed up the tent and moved on from Elba??
"as the new site appears to be a lease not a purchase"
This is interesting...
Just like you congratulating all the naysayers for driving down the SP. Or was it postings on forums have no bearing on SP...??
Please, make up your mind!!
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drugmanrx drugmanrx 3 days ago
It is the four quarter.
Time is running out.
There is enough time for one last HAIL MARY
The play called
Significant news before dilution

assuming 50 million is no longer needed as the new site appears to be a lease not a purchase

What effect would a 35 million investment in SNPW have on 250,000 shares out standing?

Good luck to you as well.
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drugmanrx drugmanrx 3 days ago
You could be right or

They take on a partner(s) with deep pockets for part of the company, paid in preferred or restricted shares. the OS doesn't change for a while and retro fitting begins.

If a lender(s) does come though and takes part of the company as collateral I can not see them allowing mass dilution to take place.

It would be in their best interest to have the company on a major exchange with a reasonable OS around 10 to 20 million.

But if no lender you might be right on.
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jesuslovzu jesuslovzu 3 days ago
maybe so? Anyway, what's the point of rubbing it in?
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jesuslovzu jesuslovzu 3 days ago
Ouch. Is this the end of the line? Was a nice run. Has Nick said anything? Best wishes to everyone here. What could have been......
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Huggy Bear Huggy Bear 3 days ago
Welcome Back.
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rickstereo3333 rickstereo3333 3 days ago
The current situation is simple really.

If the Solar/Battery projects got done in which results in no forthcoming news tomorrow and beyond then the pps craters to who knows where and will continue to languish as time goes on.

This rapid descent will obviously be accelerated by dilution.

If however the lofty projects that have been put forth by SNPW are executed and plans to uplist to a reputable EXCHANGE is announced this will undoubtedly alter the trajectory of the pps altogether.

The fate of SNPW re its viability as a functioning entity begins tomorrow imo.
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Skiluc Skiluc 3 days ago
This will be at 50M share OS, at a minimum, by the end of 2024.

Do the math, and Mark this post.

And what will they do with the funds from the fresh notes? Find a way to sell the next 200m shares in 2025.
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Skiluc Skiluc 3 days ago
โ€œStart making moneyโ€

Lol. Boy, if that isnt the cart before the horse, then i dont know what is.

This company is so far from making any revenue/profit, itโ€™s laughable.

Dont get me wrong. Made an absurd amount of money here. But the future here is a bigger joke then its past.
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wallstreet1231 wallstreet1231 3 days ago
Nope, not at all. The advance notice comment/tweet came as a result of the prior 14c being filed. Thatโ€™s right, the 14c was filed and then afterwords snpw tweeted that if a reverse was needed they would provide advance notice - they didnโ€™t. In August of 2020 they filed an 8k for a reverse split.

While I am on the subject, oh what a difference a year makes.

The option to implement the reverse was for twelve (12) months from April 21, 2022, the date of the filing of a Definitive 14C with the SEC. As of January 24, 2023, the Board of Directors of the Company has determined to allow the period to lapse and to waive its option to implement a reverse stock split. Sun Pacific management is confident that the business plans of the Company can move forward at this time without the need for the previously planned reverse stock split option. For this reason, and to protect the value of SNPW shareholders, the Board of Directors has made the decision to allow the option to expire without execution. Further information on the Companyโ€™s plans for 2023 and beyond will be forthcoming.

https://finance.yahoo.com/news/snpw-board-directors-decided-allow-141500941.html#




I believe October 13 2023 pre-14c was pretty advance notice , wouldn't you?.

My opinions.
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drugmanrx drugmanrx 4 days ago
ROFLMAO!

As I always said nothing on a public message board is going to effect what happens with a stock long term. The stock price will be determined by how the company will perform or how it doesn't perform.

Facts are
- a 4000 to 1 reverse split happen leaving 244,193 shares outstanding
- Tsingshan Group/FoxESS , SunGroiup, SC Solar, Autowell, and PT.IDN Solar tech Project manager remain partners
- Site visit took place January 12 to 14.
- if the stock price gets above $5.00 a share a mere 1,220,965 market cap ,a whole different class of big money buyers will be able to purchase the stock
- if dilution comes before news small investors are toast
- if significant news comes before dilution there remains a chance for small investors to take profits.

"LOooong weekend for the word to get out about this massive shareholder haircut" so if positive news come out in the upcoming weeks it will not be over shadowed by the sudden shock of the RS.

On way or the other looking forward to the new week.
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powerbattles powerbattles 4 days ago
"Nick also say that advance notice would be forthcoming if a reverse was needed" ????

SNPW 1:4000 Reverse Split
https://otce.finra.org/otce/dailyList

02/15/2024 Reverse Split/CUSIP Change 02/16/2024
SNPW Name Sun Pacific Holding Corp.
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karmakaziXpert karmakaziXpert 4 days ago
Fair warning?? That's bullshit!!

The famous fair warning issuing a Definitive 14C, for a 4000:1 Reverse Split, with no expiration date or definitive option period. Lmao!

Everyone and their fairy godmother knew that was a clear sign it was going to happen. It just so happened to happen sooner
than the maestro planned due to the BIG FLOP with the "China Trip & Tape Measure Site Visit" PROMO.

Everyone and their tooth fairy knew the goal was to get to, at least, .02 cents from that Combine PROMO.

LOooong weekend for the word to get out about this massive shareholder haircut. Not good! And, now, you have another one of your "Waiting on News" pitches going on, louder than the beer guy, at an NFL football game. Someone has been expecting news, every Tuesday, for the last 27 months, because your mentor thinks Tuesdays are so great for press releases. LOL! He's a clown.

my opinions are just that

good luck
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drugmanrx drugmanrx 4 days ago
I believe October 13 2023 pre-14c was pretty advance notice , wouldn't you?.

Correct me if I am wrong, but didnโ€™t Nick also say that advance notice would be forthcoming if a reverse was needed?



14C not happening anytime soon or even a possibility at this time. We will leave our options open as we proceed to complete our funding for our solar project to build a 1GW production plant. #buildbackbetter $SNPW #SOLAR #Finance #inflationreductionact pic.twitter.com/8xqG945vQc— Sun Pacific Holding Corp (@SunPacificPower) September 6, 2022

He cancelled that one as it wasn't needed and gave fair warning for this one which apparently was needed.
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wallstreet1231 wallstreet1231 4 days ago
Correct me if I am wrong, but didnโ€™t Nick also say that advance notice would be forthcoming if a reverse was needed? My opinions.
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drugmanrx drugmanrx 4 days ago
No, just remembering an e-mail reply Nick gave me when I asked him if the RS was to raise capital for the project, still gives me hope.

Busy trying to make prime rib of dog doo

The rely

Nicholas Campanella

Oct 16, 2023, 11:05?AM

to me
14C is not being done to raise capital , we are doing this to always protect the company and its future. Our goal is to structure the company to eventually be on a higher exchange which has always been our focus once we execute our plans.
All we do is documented and we always have approved and signed agreements to back up what we say and post. Market makers and bashers can do what they want and hopefully leave since they have been flipping and making millions while hurting the integrity of the company

"always been our focus once we execute our plans"

"once we execute our plans"

Since the RS has been enacted I am assuming his plan has been executed.

So I am looking forward to see what next week brings

With less then 250,000 in the OS.
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karmakaziXpert karmakaziXpert 4 days ago
Busy trying to make prime rib of dog doo

It's like watching that episode of the 3 stooges when they were trying to stuff a turkey with stuffing still in the can.

What a complete circus and waste of time.

Pack your bags and book your departure to save whatever few dollars (or literally pocket change) you have left after next week. Better late than never.

Kazi tried to tell the same people trying to stuffing the turkey like Moe, Larry and Curly..... a long, long time ago..... it's only going to get worse.

And remember what Kazi told ya'll....."Bankruptcy is slow.....until happens fast"

ceo needed to go before he started.

nyuck, nyuck, nyuck

my opinions are just that

good luck
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r-ash r-ash 4 days ago
Based on prior run, topped at 800-900/share, so 400x if they don't dilute. If they actually start making money they projected, then another story all together.
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drugmanrx drugmanrx 4 days ago
You are absolutely correct, I mistakenly used $5.00 (0.0013 pre split) instead of $2.00 because that is the price that is required to meet the threshold where big money would have the ability to buy.

Thank you for the correction so other than having the stock price drop to 0.0005 nothing has changed and the following remains possible.

OS is less then 250,000 shares.

How long will it stay there is yet to be determined.

Company needs to raise cash, they could do it with preferred shares no raise in OS

Company could do it with restricted shares a long time before OS rises.

If financing secured, property secured , equipment ordered or a Chinese company acquires a major stake in the company news comes before dilution then there remains a change to profit here for those that held.
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chemist72 chemist72 4 days ago
drop in share price to 0.0013 pre-split ??

Where did you get your data? Fidelity is showing a closing price of $2.00 for SNPWD on volume of 1,196 shares.

That is equivalent to a "pre-split" price of $.0005.

I find the same data on Schwab as follows:
Sun Pacific Holdings SNPWD: Nasdaq OTCBB

Sun Pacific Holdings SNPWD: Nasdaq OTCBB

At close: $2.00
3:50:20 PM ET, 02/16/2024

Bid/Size
$1.02/-
Ask/Size
$3.75/-

Today's open
$2.55

Today's volume
1.2K
Below Avg.

Today's range
$2.00 - $4.00

52-week range
$0.0009 - $4.00
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drugmanrx drugmanrx 5 days ago
Let's not get ahead of ourselves because At the moment there is no effect on current share holders, other than a drop in share price to 0.0013 pre-split

But at what costs to current shareholders

OS is less then 250,000 shares.

How long will it stay there is yet to be determined.

Company needs to raise cash, they could do it with preferred shares no raise in OS

Company could do it with restricted shares a long time before OS rises.

Let's see how this play out before we close the doors.
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wallstreet1231 wallstreet1231 5 days ago
But at what costs to current shareholdersโ€ฆ. Pre split holders of the outstanding shares account for roughly 975 million out of the 1 billion authorized shares. Post 4k reverse split holders own roughly 244 thousand out of the 1 billion authorized shares. Further, the company will yield 999.7 million new shares to utilize as they deem beneficial.

Good luck trying to convince current shareholders that the reverse is a good deal for them, even if the objective is a new exchange.

My opinions.


The Board approved a resolution to give to the Board of Directors of the Company the option to effectuate a reverse stock split at a ratio of 4,000 to 1 after the filing of this Form 14(c). Our stock price has made it difficult to attract new investors and potential business candidates and opportunities. The Board of Directors believes that a reverse stock split will help prepare the Company to meet the listing requirements of the OTCQB or other exchanges.
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