Monday, October 24, 2016 5:36:52 AM
INCREASED VOLUME/PRICE:
increased volume and price with no news
may be an indicator of a potential Reverse Merger.
Information on a Reverse Merger
sometimes leaks out
and insiders/family/friends start buying
before the reverse merger is announced.
CASH ON HAND:
some Shell Companies have cash remaining
from their previous business endeavors.
Having cash to fund the new company's business plan
will attract high quality candidates.
SMALL NUMBER OF OUTSTANDING SHARES:
the smaller the number of outstanding shares, the better.
A smaller number of outstanding shares
lessens the chance of a Reverse Stock Split.
LOW MARKET VALUE:
basically, this is the buy low sell high rule.
A Shell Stock with a low Market Value
will have a greater chance of price appreciation
than one with a high Market Value.
SNRY - Targets 0.0004 / 0.0005 / 0.0006
SNRY - Revival of Delaware LLC
To Reinstate a Delaware LLC
* $200 filing fee required
* Revival will take approximately two to three weeks
* Expedited service is available in one hour, two hours, same day
http://www.northwestregisteredagent.com/reinstate-revive-delaware-llc.html
http://www.dpr.delaware.gov/boards/cosmetology/reinstatement.shtml
Confirmed with Delaware
http://corp.delaware.gov/
https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx
Authorized Shares....1,500,000,000 a/o Jun 13, 2013
Outstanding Shares.....364,241,808 a/o Jun 13, 2013
Company considered a shell company
While Registrant did not believe that it was a shell company when it filed the Form 10-Q report for the quarter ended April 30, 2013 on June 13, 2013 based on the agreements to provide solar energy services to medical marijuana collectives in California, the termination of the solar business and the closing of the restaurant operation as of October, 2013, have resulted in the
Company being a shell company, as defined in Rule 12b-2 of the Exchange Act. The Company is amending the Form 10-Q for the quarter ended April 30, 2013 to reflect this status.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9700159
http://www.otcmarkets.com/stock/SNRY/profile
http://www.allotcbb.com/quote.php?symbol=snry
http://www.investorpoint.com/stock/SNRY-Solar+Energy+Initiatv+Inc/market-makers-level2/
http://www.investorpoint.com/stock/SNRY-Solar+Energy+Initiatv+Inc/price-history/
http://otcshortreport.com/?index=SNRY&action=view
https://www.interactivebrokers.com/en/index.php?key=SNRY&cntry=usa&tag=United+States&ib_entity=llc&ln=&asset=&f=4587&conf=am&amref=1
http://shortsqueeze.com/?symbol=SNRY&submit=Short+Quote%E2%84%A2
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