Sunergy, Inc. (fka SNEY)

[blue dog]

Got it, I think. You are saying that there are three components to the new OTCQB policy:

(1) the penny test, effective for everyone on May 1, 2014;

(2) some other registration requirements; and

(3) a rollout schedule for the other requirements (but not for the penny test) that applies to companies already on the OTCQB.

It appears to me that the first test that all OTCQB stocks need to meet is to be above .01 at least 1 day at closing within 30 calendar days of May one, so between April 1 - April 30, 2014, the closing bid must be at .01 for one day in April, 2014. After that to remain on the OTCQB, there are certain other requirements in place including fee structures depending on the companies' standing with reguards to the other requirements and that are being phased in and a timeline is set in place by what I call the 2nd tier of requirements. This is my interpretation of reading the new regs. Someone may have more solid evidence to the contrary, but in my reading over the past month, this is what I have come to believe for what it is worth. To this point I have not found anyone to refute this.

Long and strong SNEY!!

I do not read it that way, but I may be focusing too much on the penny test, without considering the other requirements.