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Wednesday, June 29, 2022

Sun Pacific Holding Corp (OTCMKTS: SNPW) Major Reversal Northbound Underway as Next Gen Green Energy Co Inks Deal With Pt.Idn Solar Tech to Build Massive US Solar Panel Facility

Sun Pacific Holding Corp (OTCMKTS: SNPW) is making a powerful reversal northbound following a brief dip below a penny after the Company announced it has signed an agreement with Pt. Idn Solar Tech to help build a US solar panel facility to manufacture up to 1GW of solar panels per year, leading annual revenues to $450 million. The project is currently in discussions with various states for our location and installation. This state-of-the-art processing will be done with local labor under the supervision and training from “IST” and will create cost effective panels to boost the economy and job creation. “IST” is currently producing 1GW of solar panels and also 1GW of solar cells, a level which is planned to be doubled this year. With ongoing negotiations, the construction of the new plant in the USA is being planned to utilize 20 square meters with 1GW production consisting of two 500MW fully automated solar panel production lines. 

The current run on SNPW is arguably the single most important event for the stock since it skyrocketed out of the low subs to $0.35 per share back in January 2021. As we have reported before many times on SNPW the stock has runner in its blood and along penchant for making spectacular runs northbound. The stock has legions of shareholders and a latent international following that will buy in if the run continues. From current levels SNPW has a significant gap to fill and a lot of room to grow. SNPW is still pink current but well on its way to OTCQB filings its 10k on time last week. The Company owns a valuable patent portfolio related to solar including patents on various innovations relating to improved photovoltaic (PV) solar power panel constructions, proprietary methods of manufacture, and production line systems to be used during the planned manufacture of solar power in high volume production environments. Sun Pacific is constantly expanding on its patent portfolio reporting last year it has filed three (3) additional applications for patent.  

Sun Pacific Holding Corp (OTCMKTS: SNPW) with executive offices out of Manalapan, New Jersey, is utilizing managements history in general contracting, coupled with its subject matter expertise and intellectual property (“IP”) knowledge of solar panels and other leading-edge technologies, Sun Pacific Holding is focused on building a “Next Generation” green energy company. The Company offers competitively priced “Next Generation” solar panel and lighting products by working closely with design, engineering, integration and installation firms in order to deliver turnkey solar and other energy efficient solutions. Sun Pacific provides solar bus stops, solar trashcans and “street kiosks” that utilize the Company’s unique advertising offerings that provide State and local municipalities with costs efficient solutions.  

Currently, Sun Pacific has 5 subsidiary holdings. Sun Pacific Power Corp., Bella Electric, LLC, National Mechanical Group Corp, Street Smart Outdoor Corp and MedRecycler RI. The most active of which are Sun Pacific Power and Street-Smart Outdoor Corp which creates unique advertising through solar bus stops, solar trashcans and “street kiosks.” Street Smart Outdoor Corp has contracts in place in Rhode Island, New Jersey, and Tallahassee, Florida, along with some other minor contracting work that management is currently reviewing. Sun Pacific Power builds competitively priced “Next Generation” solar panels and lighting products made primarily in the USA. Sun Pacific Power has eight world-wide manufacturing and assembly locations including five in the United States. Sun Pacific Power bus shelters are providing green, renewable, solar-powered shelters that will have digital or static displays for advertising purposes and things like being able to post Silver and Amber alerts. With large screens to display advertisements and relevant information, such as public notifications and safety alerts. Sun Pacific Power is now offering solar powered LED trash bins.   

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Sun Pacific has an agreement in place with Fox-ess, a global leader in the development of inverter and energy storage solutions as a wholesale distributer for North and South America and Australia. FoxESS products are breaking new ground in the increasingly important clean energy field; offering customers the most advanced product features currently available, coupled with unrivalled performance, product longevity and technical reliability. The Company also has an agreement with a South Asian solar manufacturer to act as a original equipment manufacturer (“OEM”) for Sun Pacific Solar Panels and associated products.  

Earlier this year in January SNPW subsidiary Sun Pacific Power Corp (SPP) launched a new weblink for FoxESS Co. LTD after becoming an authorized distributor for the full FoxESS line of energy storage products throughout North America, South America and Australia. Sun Pacific Power web link https://sunpacificpower.com/fox-ess/ will allow its distributors and clients access to its product line. 

SNPW took off northbound after the Company announced it has signed an agreement with Pt. Idn Solar Tech to help build a US solar panel facility to manufacture up to 1GW of solar panels per year, leading annual revenues to $450 million. The project is currently in discussions with various states for our location and installation. This state-of-the-art processing will be done with local labor under the supervision and training from “IST” and will create cost effective panels to boost the economy and job creation. “IST” is currently producing 1GW of solar panels and also 1GW of solar cells, a level which is planned to be doubled this year.

Solar cells produced by “IST” will be used in the Company’s USA facility. Sun Pacific is actively engaged in sourcing raw material components and capital with an end goal to sell to developers/EPC in large scale solar projects. Additionally, at this time the Company is launching its OEM panel production in Indonesia which is under way for its Sun Pacific Power brand while it works at developing its USA factory. With ongoing negotiations, the construction of the new plant in the USA is being planned to utilize 20 square meters with 1GW production consisting of two 500MW fully automated solar panel production lines. 

Nicholas Campanella, CEO of Sun Pacific Holding Corp, stated, “We are excited to work with “IST” in helping with this opportunity in the US. The arrangement with “IST” will help us with sourcing raw materials and provide knowledge for building our facility as well as foster further growth opportunities for our company. We look forward to using the considerable “IST” knowledge and expertise to develop various solar panels and designs that we have been working on for some time. This is projected to lead Sun Pacific to over 450 million in sales at full capacity and the creation of hundreds of jobs with the most advanced technologies to be deployed in the USA. 

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Currently trading at a $8 million market valuation SNPW is still pink current but well on its way to OTCQB filings its 10k last week showing manageable debt and a clean structure. SNPW has just 974,728,678 shares outstanding making the Company cheap compared to many much lesser Company’s on the exchange. SNPW is an exciting story here; they just signed an agreement with Pt. Idn Solar Tech to help build a US solar panel facility to manufacture up to 1GW of solar panels per year, leading annual revenues to $450 million. The stock is priced cheap near its all-time lows and SNPW has runner in its blood and a long penchant for making spectacular runs northbound. SNPW is priced cheap, is under accumulation with plenty of liquidity, has a long history of big moves and a growing shareholder base and a significant gap to fill from current levels. Microcapdaily has been reporting on SNPW for years including in late 2020 as the stock was setting up for its historic rise from low sub pennies to $0.35 per share. We will be updating on SNPW when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with SNPW.

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Disclosure: we hold no position in SNPW either long or short and we have not been compensated for this article.

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