Sunergy, Inc. (fka SNEY)

[scubastevemd]

The big problem for SNEY at this moment whether you believe they will start exploration or buying bulk diamonds for resale is cash. Despite the talk of other money to fund the solar move the K still talked about them needing $250,000 to fund exploration, which leaves them about what $190K short give or take at this point(no known is the net on parcel 4) With the market down and apparently the diehards up to their eyeballs in shares along with the strong PR's not producing any new buyers where's the money going to come from, but someone like ASHER, which will put more downward pressure on the stock and dilute the longs. You are real close to hitting 3 billion shares. How many more to they have after that or will they have to authorize more and at what point would a reset and reverse split make more sense? To me assuming they actually have a solar play and can make it work and a profit then I'd reverse and start over. It would suck for longs but they would come out better.