Sunergy, Inc. (fka SNEY)

[mdb1]

SNEY is NAY, NADA, Zippo, Zero, Not Happening, Het, Nine, Non

[scubastevemd]

greed most likely

[mdb1]

wow. Sad, there really is gold grains/sand on the Pampana River.
They could of just started small - simple sluices and found the best deposits. Seems so obvious -- what gives?

Too bad.

[scubastevemd]

The stock is shown as delisted now. I wonder why St. George Holding, John Fife, etc. took a promissory note against shares of a company they cannot trade? Seem St. George Holdings out of Chicago has a list of worthless stocks. One can only think they must see value in the shell corp. since this has no tradeable value at this point and shares are worthless. Sorry Bali, but even you should realize this by now.

[mdb1]

zero volume? Go, go, go, go, go SNEY!!!!
Almost empty shell filled with water and debt .. go ..

[mdb1]

Almost empty shell full of water and debt?
Anyone seen a diamond around? Anyone?

[mdb1]

Go diamonds, go SNEY ... I was NOT the mega millions/powerball winner. Go figure -- is there justice in this world?

[mdb1]

i got mine: 1 mega million lottery ticket. Go SNEY -- almost empty shell.

Do i see $BILLIONS in my future?

[mdb1]

Maybe they will find a 60 karat diamond worth $3 million dollars or maybe I will win the MegaPowerBall tonight.

[scubastevemd]

Only fools believe in this scam. A. These guys claimed they found gold and diamonds, but did anyone see a dime off of this? Did any of it show up in earnings or was it bartered or sold on the black market and stolen from shareholders? Thing is if they claim all these diamond and gold finds and nothing ever shows in the financials then they really did not exist. The reason they won't file is they have to sign the financials and once they do they open themselves up for fraud and jail time. They decided just to fade away.

[mdb1]

Almost empty shell filled with water and debt. Anyone seen a diamond or a few good gold flakes? Almost empty shell filled with water and debt.

[ewtrader]

Alan Tree designed those dredges and has 35 + years (now 43 years) experience - and Brian brought him on board in 2010 - this is old and it doesn’t matter don’t believe he’s been working with Sunergy last few years to my knowledge, and who knows who is but maybe they don’t know how to use the equipment or maybe the equipment been breaking down too often who knows - as the filing did say they had to relocate and repair -

Dredges looks like what are used on illinois river in Oregon if you google images or articles and they seem to be what is used for small not too wide not too deep rivers these days

What matters is that there are a few too many issues that need to be resolved - only positive thing is that the filing does state what some of the issues are or have been but the downer is that they don’t seem to have a plan at this time to address the issues just - “we hope” and I say this because usually it seems that when GH is excited about things and confident he speaks of that in his writing and he didn’t do that - nope no mention of how or what they may do to address the cumulating debt just we hope ...

Maybe he should get Alan Trees as he has the expertise needed for the river dredging

[abomination907]

Do a little DD on the river and type of gold found there....using a few crappy portable river dredges should give you a clue on why even if this wasn't a scam play, they are not profitable....

A hilarious moment I recall were people expecting the company to get rich off the REEs found in the black sands......lmao

[ewtrader]

Now all the people who are working with the company appear to be reputable and so do not agree w scuba doo but regardless the problem may be they just aren’t able to produce profit margins above costs for
a variety of reasons weather, location or political @&!#% stuff or lack of skilled miners

There was all the pr that they were doing well and undervalued and profitable going forward sept 2015 ... and now to state that management needs to loan and has been loaning large sums just states the opposite of prior press releases in 2015 or 2016 - either you are or you aren’t profitable and if not than ok your mining but not in the right place or the right way or the right stuff or with the right equipment or the right skills or something else

It appears that if not able to produce positive cash flow there will likely be no filings for some time and like filing said management hopes to be able to covers costs -

[scubastevemd]

All they wanted was cheap money to fund operations. There are miles away from any observation and can black market and pocket everything they find. They are nothing but crooks and will never get current, unless they could sell the shell. Most likely they will start another scam up promising the moon to unsuspecting folks.

[mdb1]

Here's what i don't understand. There is most definitely gold on the Pampana River banks. The dead cheap method to find a gold deposit is to use a pan and find gold on the banks or the bends in the river. Find the 5 most promising areas with a pans. [cost to do this $200].

Start out with 5 cheap water sluices and recover gold starting from the 5 best locations. Add more cheap sluices to the 3 best locations [cost to do all the above $3000]

Begin earning revs/profits for 6 months of the year. Add more cheap sluices on the best gold bearing locations.

Add a small small front loader; add expensive sluices and icon centrifuges and gas generators.

Repeat above and grow bigger and pay the country mining fee.

Find best gold bearing locations using a simple hand pans and use cheap simple water sluices. Once good gold bearing locations found use small small front loaders and expensive sluices and icon centrifuges and gas generators.

Once rev/profits accumulating, do 200 to 1 reverse split on shares.

[ewtrader]

Well if they wanted to make something up than they should have made up something more positive -
No meat to this filing to get excited about ? And eventually an audit will have to come ? and there will have to be proof of the claims - and the claims are not worth jumping up and down about - co been in business too many years now to be claiming now after no word for few years that they hope production will be more ...

No one is gonna follow the rabbit down this whole they are presenting - but maybe that’s the idea

Why would they create or acquire non profitable subsidiaries - where’s the updates ?

[abomination907]

"in addition Sunergy, Inc. would incur substantial additional debt related to the auditing cost whichwould be incurred for bringing all past quarters and annual filings up-to-date."

A convenient excuse not to produce audited filings.......


Wonder if gains from this 2017 and 2018 production will be good for company in any way if loans getting paid back first what will there be for other production costs going forward for 2019 ?? Notta, zip, zero ?

I would consider most if not all of that filing as fiction

[ewtrader]

Yes your right lots of debt not a big deal if revenue stream was greater tho but sounds like from filing mgmt is keeping it a float ( and why do this if there is no belief that they are able to get reimbursed and on what terms )? It would appear as Hale said in filing loans are loans and not funding through restricted shares - or toxic debt

Wonder if gains from this 2017 and 2018 production will be good for company in any way if loans getting paid back first what will there be for other production costs going forward for 2019 ?? Notta, zip, zero ?

If we have to get loans to continue and fund projects that are not profitable (exceeding costs), does it really make sense to continue the business in the long run ? And why can’t management provide an update on anything like any of the subsidiaries in any way ?

Of course should just get used to this as all otc companies seem to be quite for long periods (accept when trying to sell shares) or at least most .... only the otcqx seem to be transparent or those trying to boost interest and share sales - guess that’s not happening here anymore

[mdb1]

Almost empty shell with debt and more debt and more debt; almost empty shell filling up with water and debt. Are there any commercially viable diamonds at the bottom of the almost empty shell filled with water and debt?

[mdb1]

Wow Bali, they are still kind of alive. Thx.

[scubastevemd]

So, they have no had the money to file in 3 years and doing everything off the books so you have no idea if they are really working and what if anything they have found. Some how you trust these guys to do the right thing and get current on their filings after 3 years? If so, you are as thick as a brick!

[Bali]

I got mine...

[Bali]

SunergyInc. continues to retain the accumulating debt, as reported in the third quarter 2015 10Q filing, with exception of settling thirdparty institutional lending, in addition Sunergy, Inc. would incur substantial additional debt related to the auditing cost whichwould be incurred for bringing all past quarters and annual filings up-to-date.



Sincethe last quarterly filings/Annual filings, 2015, Sunergy has not had cash flow or funding available for continued operations ormining Consulting. Garrett Hale, CEO and President of Sunergy Inc, has continued to loan Sunergy the funds to deploy, relocate,repair and operate Diamond exploration equipment, under a management for profit agreement, and to oversee and fund local laborto procure current gravel in Sierra Leone, that show to be diamond-producing, but to date not yet of sufficient value to covercosts of operations. Garrett Hale has already funded operations moving forward, sufficient to continue washing the remaining halfof accumulated gravels for the next two to three weeks. This will complete washing the gravels obtained from the exploration workwhich began March 2018 and was continued from exploration in 2017.We can only speculate that, based on current findings, therewill continue to be Diamond production from the gravels, without knowing the actual values ahead. We are hopeful that the gravelswill become more productive and potentially cover the current management costs to date. In addition to substantial prior loans,Garrett Hale has lent Sunergy, Inc. in excess of $180,000, since beginning of management of the current Sierra Leone project in 2017.

[scubastevemd]

Just remember if you want to be part of the Scuba Steve Club you have to be smart and not buy scam stocks like SNEY.

[ewtrader]

Scuba Steve

[scubastevemd]

You all are brain dead and delusional. Stay away from drugs!

[ewtrader]

Me too Bali, I got mine !

Betting he’s jealous as he seems like such an angry elf

[Bali]

Been a while. I got mine
I still have hope.

[scubastevemd]

I will believe it when I see it. The only reason I can see these guys get current (if that is even possible) is because someone wants a shell that they think they can use. If these guys ever did find anything they kept the money and pocketed it or bartered it for goods.

[DaBenDan]

An audit NEVER was going to happen for SNEY. Delinquent filing meaning not filing UNAUDITED is what happened here.

CAVEAT EMPTOR status is there now as well which was NOT. A clear-cut tag as a result of FALSE AND MISLEADING press releases over and over and over and over again.

[ewtrader]

Audit status - Yes

This information is located within Financial tab for SNEY ticker in ihub - to view this info click on small chart to right of this comment and see Financial link at top of page.

If auditor does not have proof of income provided than they will not sign off on the audit and Sunergy will not be able to complete an updated filing with the sec and they will not trade again and you can say I told you so to all the 124+ shareholders and even Hedgefund manager holding 9.99% of O/S that he manages for investors ... and it will all be just as you said ... and have been saying over and over and over and over and over and over and over and over and over and over and over again

And until the day that this is revoked .... Just gonna have a little prayer that the audit proves otherwise

With our luck audit if and when completed will not be anytime soon so see ya

[DaBenDan]

Got your long overdue SUSPENSION and CAVEAT EMPTOR.

[DaBenDan]

Looks bad?? It is more than looks bad. It was OBVIOUS all along this was a fraud operation and long since has went defunct.

Why? To not file showing the unaudited accounting tricks to pose notes as revenue from packages ponzi scheme and go completely illegal by lying in SEC filings.

The Caveat Emptor status is new as well which FINALLY tags it as FALSE ADVERTISING POS we knew it was all along.

[ewtrader]

Auditor: Anton & Chia LLP
Auditor Address: 3501 Jamboree Rd., STE 540. Newport Beach, CA 92660. United States
Auditor Website: http://www.ancsecservices.com
IR Firm: N/A
Legal Counsel: N/A
Fiscal Year End: 12/31
Reporting Status: SEC Reporting
Bankrupt: No
Shell: No
Audit Status: Yes

The above information is located within Financial tab for SNEY ticker in ihub - to view this info click on small chart to right of this comment and see Financial link at top of page.

?? Guess we’ll just have to wait and see.

[scubastevemd]

No money to file and if ever they were audited they would find out this was a scam and fraud

[ewtrader]

Looks bad, I agree. Maybe just what was needed -
Perhaps this will spur the filings that are over due.

Auditor: Anton & Chia LLP
Auditor Address: 3501 Jamboree Rd., STE 540. Newport Beach, CA 92660 United States
Auditor Website: http://www.ancsecservices.com
IR Firm: N/A
Legal Counsel: N/A
Fiscal Year End: 12/31
Reporting Status: SEC Reporting
Bankrupt: No
Shell: No
Audit Status: Yes

The above information is located within Financial tab for SNEY ticker in ihub - to view this info click on small chart to right of this comment and see Financial link at top of page.

[DaBenDan]

Yeah, there is your change. SUSPENSION.

Hope they add charges on Parent and dredgemaster fraud.

What a SCAM this WAS.

[Renee]

SNEY SEC Suspension for severely delinquent Financials/Filings:

https://www.sec.gov/litigation/suspensions/2018/34-84105.pdf

Order:

https://www.sec.gov/litigation/suspensions/2018/34-84105-o.pdf

Admin. Proceeding:

https://www.sec.gov/litigation/admin/2018/34-84104.pdf

[flaflyersfan]

SNEY suspended by the SEC;

https://www.sec.gov/litigation/suspensions/2018/34-84105.pdf

Good luck

[ewtrader]

DD where u at?

[ewtrader]

Missing your words of wisdom! Changes are on the horizon ;) JMHO

[ewtrader]

Missing your words of wisdom! Changes are on the horizon ;) JMHO

[ewtrader]

It could happen ... and it has and may happen again ...

I Gotta feeling