Sunergy, Inc. (fka SNEY)

[scubastevemd]

More likely this happens based on the past looking at the 10K.

1) The 10K shows a whopping $521 of cash
2) So how are they going to get more cash to continue spending close to $700K a year?
3) With an estimated value of $12,500 for the first batch of diamonds it is doubtful the second batch will be that much more and neither will go far to cover operating cost.
4)More loans and or stock sales will continue and this will continue to dilute the value of shareholders stock.

So, unless the company can fund itself nothing much will happen. If they can sell more stock to fund themselves another season then what? They no longer have their season veteran Dredge. We see that even with all his experience they did got No gold at all reported. Why? So they shift to diamonds and find small lots.

So unless they are able to find a mother lode things will not change. So you can base the future on the past or hope for the future based on some fantasy you call potential. Your choice. I say this stock is basically worthless.