Manalapan, New Jersey, April 11, 2018 (GLOBE NEWSWIRE) -- Sun Pacific Holding Corp. (OTCQB: SNPW) has been made aware of what appears to be promotional activities related to the common stock of the Company. The Company was made aware of these activities by inquiry from OTC Markets Group, Inc. compliance group. On April 6, 2018, the Company put forth a press release providing a general overview of performance of the Company since the acquisition of Sun Pacific Power Corp. following the filing of the Company’s Form 10-K for the year ended December 31, 2017. The promotional materials that the Company has discovered appear to simply restate the contents of our April 6, 2018 press release and do not make any statements that seem to be misleading. However, the Company, nor any of its management team, Board of Directors, third party providers or control persons, being persons holding greater than 10% of the current outstanding shares of common stock have engaged any parties for promotional services related to its common stock. Management as inquired each member of management, generally, control person and its third party service provides as to whether a) have in any way been involved, directly or indirectly, in the creation and distribution of promotional material; or b) have bought or sold securities of the Company for the past 90 days, and are satisfied that these parties have not participated in promotional activities.
Sun Pacific Holding Addresses Potential Ongoing Promotions Related to Its Common Stock.
Apr 11, 2018
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