Sunergy, Inc. (fka SNEY)

[scubastevemd]

According to the 8K they paid a $7500 extra fee to extend it 30 days and $7500 against principal in Dec. 2015. They have now paid off the rest including interest. Now they did not go into detail on how they came up with the funds. Was it from the sale of this parcel of diamonds, was it from the sale of more stock, was it another loan to be disclosed? My guess is the loan was to buy a parcel of diamonds and it is being repaid with the proceeds. Kind of a wash deal. We will get a better idea when the financials come out.