Sonoran Energy, Inc. (fka SNRNQ)

[Renee]

SNRNQ revoked:

http://sec.gov/litigation/admin/2011/34-65131.pdf

[Renee]

SNRNQ : SEC Admin Proceeding and SUSPENSION :

http://www.sec.gov/litigation/suspensions/2011/34-64679.pdf

http://www.sec.gov/litigation/admin/2011/34-64680.pdf

Sonoran Energy, Inc. (CIK No. 1101661) is an inactive Washington corporation located in Dallas, Texas with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). Sonoran Energy is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-Q for the period ended July 31, 2008, which reported a net loss of over $1.2 million for the prior twelve months. On June 19, 2009, the company filed a Chapter 11 petition in the U.S. Bankruptcy Court for the Northern District of Texas, and the case was terminated on January 15, 2010. As of June 2, 2011, the company’s stock (symbol “SNRNQ”) was quoted on OTC Link, had ten market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3).

B. DELINQUENT PERIODIC FILINGS

As discussed in more detail above, all of the Respondents are delinquent in their periodic filings with the Commission, have repeatedly failed to meet their obligations to file timely periodic reports, and failed to heed delinquency letters sent to them by the Division of Corporation Finance requesting compliance with their periodic filing obligations or, through their failure to maintain a valid address on file with the Commission as required by Commission rules, did not receive such letters.

Exchange Act Section 13(a) and the rules promulgated thereunder require issuers of securities registered pursuant to Exchange Act Section 12 to file with the Commission current and accurate information in periodic reports, even if the registration is voluntary under Section 12(g). Specifically, Rule 13a-1 requires issuers to file annual reports, and Rule 13a-13 requires domestic issuers to file quarterly reports.
10. As a result of the foregoing, Respondents failed to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 thereunder.

In view of the allegations made by the Division of Enforcement, the Commission deems it necessary and appropriate for the protection of investors that public administrative proceedings be instituted to determine:

A. Whether the allegations contained in Section II hereof are true and, in connection therewith, to afford the Respondents an opportunity to establish any defenses to such allegations; and,

B. Whether it is necessary and appropriate for the protection of investors to suspend for a period not exceeding twelve months, or revoke the registration of each class of securities registered pursuant to Section 12 of the Exchange Act of the Respondents identified in Section II hereof, and any successor under Exchange Act Rules 12b-2 or 12g-3, and any new corporate names of any Respondents.

IT IS HEREBY ORDERED that a public hearing for the purpose of taking evidence on the questions set forth in Section III hereof shall be convened at a time and place to be fixed, and before an Administrative Law Judge to be designated by further order as provided by Rule 110 of the Commission’s Rules of Practice [17 C.F.R. § 201.110].

IT IS HEREBY FURTHER ORDERED that Respondents shall file an Answer to the allegations contained in this Order within ten (10) days after service of this Order, as provided by Rule 220(b) of the Commission’s Rules of Practice [17 C.F.R. § 201.220(b)].
If Respondents fail to file the directed Answers, or fail to appear at a hearing after being duly notified, the Respondents, and any successor under Exchange Act Rules 12b-2 or 12g-3, and any new corporate names of any Respondents, may be deemed in default and the proceedings may be determined against it upon consideration of this Order, the allegations of which may be deemed to be true as provided by Rules 155(a), 220(f), 221(f), and 310 of the Commission’s Rules of Practice [17 C.F.R. §§ 201.155(a), 201.220(f), 201.221(f), and 201.310].

This Order shall be served forthwith upon Respondents personally or by certified, registered, or Express Mail, or by other means permitted by the Commission Rules of Practice.

IT IS FURTHER ORDERED that the Administrative Law Judge shall issue an initial decision no later than 120 days from the date of service of this Order, pursuant to Rule 360(a)(2) of the Commission’s Rules of Practice [17 C.F.R. § 201.360(a)(2)].

In the absence of an appropriate waiver, no officer or employee of the Commission engaged in the performance of investigative or prosecuting functions in this or any factually related proceeding will be permitted to participate or advise in the decision of this matter, except as witness or counsel in proceedings held pursuant to notice. Since this proceeding is not “rule making” within the meaning of Section 551 of the Administrative Procedure Act, it is not deemed subject to the provisions of Section 553 delaying the effective date of any final Commission action.

By the Commission.
Elizabeth M. Murphy
Secretary

[Value_Investor]

Up 280% so far! 0.001 x 0.0019 now. An huge rally just started today

[Value_Investor]

Wake up, buddy! SNRNQ is up very strongly (280%) so far and ready to
test the recent high .005 soon due to extremely undervalued/oversold

[Value_Investor]

MM NITE illegally dumped 47,350 shares at 0.0005 which is 50% lower
than the bid price! The SEC & FINRA really should shut NITE down for
the everyday stock price manipulation! Where is the FBI? Arrest NITE

[Value_Investor]

SNRNQ is extremely undervalued and oversold now at 0.001! The recent high/low was 0.005/0.0009. Easy for 5-bagger at the current levels!

[Value_Investor]

70% strong up yesterday! The recent high 0.005 will soon be tested!

[Value_Investor]

195,000 shares dumped at 0.001 today! I am wondering if 0.001 can be
the new support or SNRNQ will drop to the recent unbreakable support 0.0008 again? Anyway it is extremely undervalued and oversold now...

[Value_Investor]

165,800 shares dumped at 0.001 so far! I am wondering why someones dumped the shares at 0.001 instead of selling at 0.01 later? Will it
retest the recent low 0.0008 again? I doubt it.

[Value_Investor]

I bet someones (MM/shorter) are manipulated it down to 0.0013 today!

[Value_Investor]

It is very possible. SNRNQ has only about 189M shares OS while CGSYQ has 168M shares OS and soared to 0.01 from the bottom 0.0004 today!
SNRNQ has the bottom or 52-week low at 0.0005 and 52-week high 0.005

[J-Jireh]

and .01+++ this week!

[J-Jireh]

SNRNQ the latest 10 bagger...hold on for .001+++ this week!

[Value_Investor]

Wake up, buddy! 200% strong up so far with near 1.8M shares volume!

[Value_Investor]

Rally started again! Only 94M shares float and extremely undervalued

[Value_Investor]

Strong up 200% so far! The 52-week high 0.005 is just one step away!

[Value_Investor]

It is up 50% already with big volume now! Time to rally again due to
the hot energy tide now. The oil price topped recently and continue!

[Value_Investor]

Wow! Someone dumped 110,000 cheap shares at the bid 0.001 so far! It
is extremely oversold and undervalued at the current price levels...

[Value_Investor]

I agree with you. The spread is getting much more narrower now! .001
x 0.0015. Maybe a lots of people did not recognize the movement yet.

[ash111]

need more vol.

[Value_Investor]

The MM ETMM is silly: bought 75,500 shares at the ask .002 then dump
them at the bid .0015! 0.001 x 0.0015 anyway. The bounce is overdue!

[Value_Investor]

100% strong up so far! The recent high 0.005 may be tested very soon once the rally gets in the full energy...

[Value_Investor]

Who is the stupid sellers which dumped 24936 shares at 0.0009 today?
The energy stock has already bottomed out at 0.0009 and ready to hit
the recent high 0.005 again in the coming days/weeks! Ask is 0.002.

[Value_Investor]

SNRNQ has already bottomed out at 0.0009! .0009 x 0.002 now. I tried
to buy 200K shares at 0.001 and nobody sells the shares to me. 0.005
should be tested again in the coming days or weeks. Hot energy stock

[Value_Investor]

Who manipulated the oversold energy stock down 10% today? I had 120K
shares buying at 0.001 order sitting there for two weeks and did not get any share yet. How could someones got the shares at 0.0009 which
is 10% below my price? I bet it must be either the shorter's game or
MM's manipulation! Hold my shares tightly until it hits 0.01 ~ 0.02!

[Value_Investor]

Who are such stupid to sell hundreds of thousands of shares at 0.001
~0.0012 today and yesterday? They must kick themselves when it soars
to 0.005 again in coming huge rally! Extremely undervalued/oversold!

[Value_Investor]

That is the very old news. We all knew that before. I don't care it.
With only 95M floating shares and an hot energy stock with $0.12 per
share book value it is extremely undervalued and oversold now! It is
very easy to triple your return to buy the shares at current levels.

[56Chevy]

The latest 8-K and 10-Q.

No distribution is expected for unsecured creditors or holders of common stock or other equity holders. Stockholders of a company in Chapter 11 generally receive value only if all claims of its secured and unsecured creditors are fully satisfied. The claims of the Company’s creditors will not be fully satisfied in the liquidation process. No further material recoveries from or sales of the Company’s remaining assets are expected.

http://sec.gov/Archives/edgar/data/1101661/000095012309065924/c54853e8vk.htm

[Value_Investor]

Why people are willing to sell thirt hundreds of thousands of shares at 0.001 today since the stock already rocket to 0.005 last Friday?
Only 95M shares are floating and the book value is $0.12 per share!

[ash111]

yup, something is cookin, will be interesting this week.

[TexasInvestor]

This looks good...

[Value_Investor]

Either some really good news will soon be announced or a speculation due to the recently surged oil price! It is an hot energy stock with
$0.12 per share book value. Huge potential. Also it could be buy-out
or share-exchanged by a big oil company. Only 95M shares floating.

[ash111]

profile DEC 22,2010 http://www.docstoc.com/docs/51167133/Sonoran-Energy-Company-Profile---Dec-22-2010

[ash111]

profile DEC 22,2010 http://www.docstoc.com/docs/51167133/Sonoran-Energy-Company-Profile---Dec-22-2010

[ash111]

web site-"©2011 sonoranenergy.com All rights reserved".looks like the web site in an updating process

[ash111]

IS THERE a merger possibility?

[ash111]

On Friday, June 19th, Sonoran Energy, Inc. filed for Chapter 11 bankruptcy protection at the US Bankruptcy Court for the Northern District of Texas. The Addison, TX-based debtor listed assets of $47 million (book value) and liabilities of $26.4 million on its Exhibit “A” to the voluntary petition. Unsecured creditors include MI SWACO, Crescent Drilling Foreman and Integrated Production Services.
The debtor is an oil and gas company with operations in Texas and Louisiana.

[ash111]

WHY THE HUGE SUDDEN VOL,SOMEONE BOUGHT HUGE AT .003-.005 AT THE OPENNING.

[Value_Investor]

The book value is $0.12 a share which is incredible high compared to
the price 0.005! I have no news for you now. It is just my guess and
SNRNQ broke out the previous 52-week high 0.0024 today. Hope we hear
some good news from the CEO in the next week! People who bought over
3M shares at 0.003 ~ 0.005 must have "Strong Buy" reason to do so...

[tvman]

Where did you get this info from...???

[Value_Investor]

What happened today? Hundreds of thousands of shares were bought at the new 52-week high .005 and millions of shares were bought at .003 ~ 0.004. Cash payment from the company to all the shareholders? Exit
from the CH11 today? Shares buy-out from another company's offer?

[Value_Investor]

It is extremely oversold now as a hot energy stock! The 52-week high
is 0.0024 and the 52-week low is 0.0005. The 20-day MAL is 0.00071, 50-day MAL is 0.00069, 200-day MAL is 0.0009. So the only resistance
is 0.0009 because the bid is above both 20-day MAL and 50-day MAL. I
bet the ask .0014 will be very easily broken out once the bid raised
to 0.0009 or above. Only 95,430,000 shares floating which is low.

[Value_Investor]

The energy stock has finally bottomed out at 0.0006 even the 52-week
low was 0.0005 and will rally back to 0.0024 again due to oversold!

[Value_Investor]

Wow, 85.8% up after 14.3% down today! Will the stock test the recent
high 0.0014 again? I doubt it because the weak hands or huge sellers kept dumping the tens of thousands of shares at the bid 0.0006! Buy!

[Value_Investor]

Huge amount of shares (near 2M shares) dumped at .0007 so far! I bet
the 52-week low 0.0005 will soon be tested due to the year end sale.

[Value_Investor]

Will the company cancel all the common shares before 4 PM 12/31/10?

[Value_Investor]

As of today about 1.5M shares dumped at 0.0007 and 1M shares dumped
at 0.0006! I bet the 52-week low 0.0005 will soon be tested due to a
big seller who is unloading millions of shares before 12/31/2010.

[Value_Investor]

Near 1M shares dumped at 0.0006 so far. I am wondering if the stock
will test the 52-week low 0.0005 again today or tomorrow. Last time
it spiked to 0.0024 then back to 0.0005 in the same day. Sell at bid
ASAP before it is too late. A big seller is unloading 2M+ shares...

[THECRAPSMAN]

NOT IN

[Value_Investor]

Why the CH11 pos scam declined to 0.0006 after hitting 0.0017? About
400,000 shares dumped at 0.0006 ~ 0.0007 as of this moment! Sell at
the bid ASAP before it hits the 52-week low 0.0005 again...