Sunergy, Inc. (fka SNEY)

[scubastevemd]

They can borrow against? What are they going to walk into a bank and say will you lend us $250,000? What collateral do you have sir? Well, we have the potential of finding more diamonds. We found them in the past and expect more in the future. Really, besides a private investor who would loans them money? A Private investor will want at least 25% or more I expect. It is easier for Hale to just sell shares at a discount and get his cash upfront and let Asher or someone else take the risk of dumping the shares into the market when they can. They don't have the diamonds to finance their needed capital and stated as much they would have to sell more shares so why is this even a debate?