Synrgy Corp. (SNGY)

[billy28227047]

Details for the initial case against Jeff. This only shows the case with the B&D PPP loans. Both, the initial PPP loan pulled and the second one attempted under B&D.

https://www.hselaw.com/files/PPP/119/Complaint_-_J_Bearden_-_21-mj-2669_-_2021.09.22.pdf


Still waiting to see the case(s) against Jeff with the PPP loans pulled under SNGY and Acembly.

[billy28227047]

Just going through some stuff and found something new. Anyone have any information on this new "consultant" listed for SNGY?

https://www.otcmarkets.com/stock/SNGY/profile


Company Officers & Contacts
Jeff Dwight Bearden - CEO
Jorge Schcolnik - Consultant



Would we be looking at Jorge Schcolnik being this person? https://www.linkedin.com/in/jorge-schcolnik-675a8a107





Profile Data
Incorporation Information - NV, USA, 2008
Employees - 3 as of 04/02/2020
Shell - Yes

Products and Services
Information Technology Services and Application Holding Company

Company Facilities
Shared Facilities Location


Synrgy Corp.
704 Forest Glen Road
Silver Spring, MD 20901
Principal Executive Offices:

704 Forest Glen Road
Silver Spring, MD 20901
www.synrgycorp.com

240-527-1832
[e-mail]





Also other new info posted that may be of interest

Letter filed by lawyer for SNGY on September 30th 2021: https://www.otcmarkets.com/otcapi/company/financial-report/305298/content


Last official filing: https://www.otcmarkets.com/otcapi/company/financial-report/304286/content

"On June 25, 2020, the Company acquired control on Acembly, Inc., becoming a company's subsidiary"

The below info chunk from filing proves the Jorge Schcolnik connection at the top section of this post.
"B. The financial statements for this reporting period were prepared by (name of individual)4:
Name: Jorge Schcolnik
Consultia, LLC
210 174th St., Suite 1809, Sunny Isles Beach, FL 33160
Phone: [phone]
Email: [e-mail]
Title: Non-certified accountant
Relationship to Issuer: Non-certified accountant"



The following shows bankruptcy for both SNGY and Acembly company bought:
"Due to certain information gathered from calls and others, management understand that the Acembly Inc.,
transaction is affected by several facts, requiring further investigation, reason to which the Company eliminated
assets and liabilities related to Acembly Inc., from the financials, until all the observed and doubtful statements
are properly clarified, either in Patrick Kennedy, Michael Asadoorian and Exirsoft Thechnology filed a lawsuit
against Synrgy Corp. and Acembly, Inc., among others, in theUnited States District Court for the Central District
of California, styled Patrick Kennedy, et.al. v. Jeff Bearden, et al., Case No. 2:20-cv-11483-SVW-MAA (the
“Litigation”), or Synrgy, Inc. and Acembly, Inc. filed for Chapter 11 bankruptcy protection in the bankruptcy
court for the Central District of California, in the matters of In re: Acembly,Inc., Central District of California
Case No.: 2:21-bk-16465-WB and In re: Synrgy Corp. Central District of California Case No.: 2:21-bk-16469-
WB. Both bankruptcy filings will be jointly administered with Case No.: 2:21-bk-16465-WB as the lead case.""

[billy28227047]

The official Federal Government case against Jeff.

https://www.pacermonitor.com/public/case/41978686/USA_v_JEFFREY_BEARDEN

[billy28227047]

Federal legal case against Jeff and his companies in question
https://www.justice.gov/usao-md/pr/hagerstown-man-facing-federal-charges-allegedly-falsifying-documents-order-obtain-covid

Because of the above federal case, Jeff's Synrgy, B&D, Acembly legal case has been put on hold.
https://www.docketbird.com/court-cases/Kennedy-et-al-v-Bearden-et-al/cacd-2:2020-cv-11483

[billy28227047]

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166188640

As expected, Jeff is trying to put the court case on hold so that he may focus all of his efforts on his Federal Case over the illegal use of PPP loans.

[billy28227047]

Looking into the filings a bit, some things pop out.

Note #1: The following "contact" info was on the filing.
Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines
SYNRGY CORP.
108 Western Maryland Parkway - Hagerstown, MD 21740
[phone]
www.synrgycorp.com
[e-mail]
SIC Code: 7371

Note #2: The website above is actually online, But clearly a cookie cutter starter site with no real info. Not even contact info.

Note #3: The address listed does not make sense as the building/address is under receiver sale due to Jeff/B&D's financial issues.

https://www.loopnet.com/Listing/108-Western-Maryland-Pky-Hagerstown-MD/18898813/



Note #4: The phone number lines up with Jeff's number from previous filings and news articles.

https://www.globenewswire.com/news-release/2019/01/24/1705258/0/en/Yaboo-Inc-YBIN-Announces-That-Jeff-Bearden-Has-Been-Appointed-as-Officer-and-Director-of-Yaboo.html

Note #5: Confirmation of Acembly with SNGY. But is SNGY being built out as a holding firm? Or is still waiting to do a reverse merger at a later date with Acembly?

"On June 25, 2020, the Company acquired control on Acembly, Inc., becoming a company's subsidiary."

Note #6: Share structure.

Total shares authorized: 500,000,000 as of date: 06/30/2021
Total shares outstanding: 107,478,000 as of date: 06/30/2021
Number of shares in the Public Float2: 20,224 as of date: 06/30/2021
Total number of shareholders of record: 76 as of date: 06/30/2021

Note #7: Current liabilities: $662,483 and Total liabilities and shareholders’ equity (deficit) $5,079,014

Note #8: Shares pending 4,950,000

Note #9: Common Stock 500,000,000 authorized at par value $0.001, issued and outstanding 107,478,000 and 107,478,000 as of June 30, 2021, and December 31, 2020, respectively

Note #10: "The total number of shares of all classes which the Corporation has authority to issue is 600,000,000 of which 500,000,000 shares shall be designated as "Common Stock" with a par value of $0.001 per share, and 100,000,000 shares shall be designated as Preferred Stock" with a par value of $0.001 per share."

Note #11: Section 1: Designation, Amount and Par Value.: This series of preferred stock shall be designated as this Corporation’s Series A Preferred Stock (the “Series A Stock”) and the number of shares so designated shall be up to 30,000,000. Each share of Series A Preferred Stock shall have a par value of $.001 per share and a stated value equal to $.001.
Section 2: Dividends: The Holders of outstanding Series A Preferred Stock shall be entitled to receive 20 times the dividends per share for Series A Stock as are paid for each share of the Corporation’s common stock.

Note #12: "The Company has no Property and equipment as of June 30, 2021"

Note #13: Accounts Payable
Patrick Kennedy 2 payments of $75,000 (second payment due 06/30/22)
Michael Asadoorian 2 payments of $25,000 (second payment due 06/30/22)

Note #14: Related Parties Loans (none of these have been paid back from SNGY yet). How does the B&D Consulting loans work with the PPP investigation against Jeff?

Jeff Bearden loaned $388,833 on 06/25/20.
B&D Consulting loaned $42,650 on 07/31/20
B&D Consulting additionally loaned $31,000 on 08/31/20
Synrgy Corp loaned $25,105 on 01/08/21

Note #15: "The Company had $ 0 and $108,996 revenues for the periods ended on June 30, 2021, and December 31, 2020"

Note #16: EQUITY.

On March 1, 2018, the Company issued 20 shares of common stock to Goldman Sachs Execution.
On March 2, 2018, the Company issued 2,980 to TD Ameritrade Clearing, Inc.
On March 13, 2018, the Company issued 10 shares of common stock to Merrill Lynch Pierce Fenner.
On March 16, 2018, the Company issued 990 shares of common stock to Merrill Lynch Pierce Fenner.
On March 27, 2019, the Company issued 60,000,000 shares to Jeffrey Bearden due to the Common Stock Purchase Agreement between Jeffrey Bearden and Tourmeline Ventures, LLC., executed on December 26, 2018 (last signature dated in the agreement)
On November 4, 2019, the Company had a Directors Consent in Lieu of Meeting for the Board of Director of Synrgy Corp., where Mr. Jeffrey Bearden acquired 19,000,000 shares of common stock at a par value of $0.001 and 10,000,000 shares Class A Preferred Stock at par value of $0.001. None of both shares were recorded as issued and outstanding, based on the Transfer Agent delivered records.

Note #17: "Synrgy Corp. purchased all of the shares of Acembly, Inc., a California corporation, via a Stock Purchase Agreement dated June 25, 2020

Note #18: "On or about August 13, 2020 Synrgy, Inc. and Acembly, Inc. filed for Chapter 11 bankruptcy protection in the bankruptcy court for the Central District of California, in the matters of In re: Acembly, Inc., Central District of California Case No.: 2:21-bk-16465-WB and In re: Synrgy Corp. Central istrict of California Case No.: 2:21-bk-16469-WB. Both bankruptcy filings will be jointly administered with Case No.: 2:21-bk-16465-WB as the lead case."

Note #19: Apparently Going after old owner of Acembly.

"It has also come to light that Synrgy and/or Acembly may have causes of action to assert against certain of the Plaintiffs in the District Court Litigation for unauthorized expenditure of company funds, among other things."

Note #20: Jeffrey Bearden Director residing in Hagerstown, MD owns 60,000,000 Common Restricted share which gives him 55.83% ownership of synrgy.

Note #21: And of course, there is a lot of text on the Acembly court case peppered throughout the filings.

[billy28227047]

fink -> Good catch on that. It is very interesting. Though I wonder why this is happening. Is it because there is a silent partner (maybe Joe Meuse is still in the picture as we saw from the Synrgy/B&D/Acembly court case?)

Or could this have been done because of the court case? How would this have helped him? From my last post here, we see that he is trying to make an argument of synrgy being a "real" company.

Or maybe this was done/forced because of Jeff using synrgy shares to pay for Acembly.

But why would he do this now of all times? Considering his federal case, he may not be able to do anything else for 30+ years.



For anyone wanting to see the disclosures supplied by synrgy.
https://www.otcmarkets.com/stock/SNGY/disclosure

[billy28227047]

This is a re-post of info I posted over on ACCA board. But probably worth posting over here as it directly affects SNGY. This is from the Acembly case that SNGY is directly involved in.


https://www.docketbird.com/court-cases/Kennedy-et-al-v-Bearden-et-al/cacd-2:2020-cv-11483


Additional news, Jeff actually filed his "Alter Ego" document for the court 9-27-2021. I will give a bit of perspective below with some quotes just to give a insight to Jeff and how he handles things legally as it may impact or give insight to ACCA.


Some interesting aspects from the posting. One is that Jeff still has money to pay for legal counsel. Michael B. Wilson of CURAT/LEX, INC. I wonder if he knows of Jeff's other federal troubles yet?


But here are some highlights for those interested.

1) "plaintiff’s claim against the alter ego defendant is
identical with that claimed by plaintiff against the already-named defendant."

2) So the plaintiffs are looking for a quick verdict by the judge, but Jeff is adamant about due process and forcing a trial with jury.

"Because Defendants are entitled to a trial by jury on certain of the substantive legal claims underlying Plaintiffs’ alter ego theory, a jury is required."

3)Jeff is looking to throw a wrench in how the plantiffs are trying to handle this case.Really trying to push how he is involved.

"Here, Plaintiffs entered into various agreements with the Debtor Defendants Acembly and Synrgy. Acembly and Synrgy do have common shareholder – Defendant Jeff Bearden. Defendant B&D Consulting, however, is not alleged to – nor does it – have any interest in either Acembly or Synrgy. B&D Consulting’s sole involvement in the transactions at issue here was that it forwarded the funds required by the Stock Purchase Agreement. Put simply, Plaintiffs cannot prove B&D Consulting to be the alter ego of either Acembly or Synrgy because B&D Consulting is not a shareholder of either. Plaintiffs therefore attempts to link B&D Consulting to the transaction through Jeff Bearden – which is to say Plaintiffs allege that Synrgy and Acembly are the alter egos of Jeff Bearden and, since B&D Consulting is also helmed by Mr. Bearden, B&D Consulting is linked as well. That is not the proper application of the alter ego doctrine; it is reverse-veil piercing, something which is disallowed in California."

4) Does synrgy even exist?

"effort to claim that the allegations in the Complaint are made directly against Bearden, they state the Defendant Synrgy does not exist and therefore Bearden, as agent, failed to disclose his principal. However, in an effort to pursue their alter ego theory of liability Plaintiffs state that Synrgy does indeed exist and is the alter ego of Bearden."

5)One thing that has bothered me is the spelling for "synrgy" company has been incorrect (as synergy) at multiple points of this case. How would that play into the case? And it is finally coming up.

"the name of Synrgy was misspelled as “Synergy” in the contracts (something, incidentally, which is done in Plaintiffs’ Complaint where “Synrgy” is the named Defendant but “Synergy” is used throughout)."

6) The funds are brought back into question.

"Plaintiffs allege that Bearden contributing funds for Synrgy’s operation constituted commingling. That is not the case. An owner’s contribution of funds to assist his or her company in meeting its financial obligations does not support the application of the alter ego doctrine. "

7) Jeff using Acembly as personal bank? looks like he did same thing with B&D PPP loans (buying stocks)

"Plaintiffs Have No Evidence That Bearden Diverted Funds or
Assets, Treated Corporate Assets His Own or That Either
Acembly or Synrgy Failed to Issue Stock"

[fink]

I just look at the Tier change list at midnight. Maybe 3 pages these days.,
I pick out the crap to yield sign.
I’m really only looking for low float shells

Any Company coming clean at this final hour is a red flag. Why did they wait.

SNGY’s spread is so large, no retail guy like me is going to buy
I’ll BID sit $500, but if I find another, it’s gone.
Or news hits and I’ll slap like an ape with ADHD

[CJ Investor]

$SNGY , I went through all 49 pages of tickers that were going to be suspended tomorrow I think and $SNGY IS NOT on there ?? Why?? Maybe something? Probably not , who knows ?? Anyone ??

[fink]

Yield sign current tonight
Any thing in this 20k float with a spread so wide it will kept volume away?
They need an Atty letter to get Stink Pink current.

[billy28227047]

As this affects those of you holding SNGY shares, I figured I best re post this here as well.



Unless there was a hidden partner, here is the end to Jeff/ACCA/B&D/Synrgy/Acembly.

On Sept. 22, 2021 the complaint was signed and it was unsealed when Bearden was arrested on Sept. 23.

https://www.localdvm.com/news/maryland/hagerstown/hagerstown-man-facing-federal-criminal-complaint-and-arrested-over-alleged-ppp-fraud/

As pointed out in my earlier post, the PPP loans didn't make sense in the claimed details. And sadly I was right.

What is really weird, is the arrest is only on B&D PPP loans and not the others (Synrgy or Acembly). Maybe those will be follow-ups.

We also get a reason for the money coming from different bank accounts for the buying of Acembly. That B&D account having a really high negative balance.

[CJ Investor]

$SNGY Well guess this will be my tax write off.

[billy28227047]

Bankruptcy heads up for the group still holding here with SNGY.

In the court case Jeff has going with the old owners of Acembly, Jeff announced Friday (8/13) in the case that he has filed for bankruptcy for both Synrgy Corp and Acembly, Inc.

https://www.docketbird.com/court-cases/Kennedy-et-al-v-Bearden-et-al/cacd-2:2020-cv-11483

[billy28227047]

Krisc62 -> Have any news/fact source(s) on what your saying? I think I am missing what your talking about.

While I have been loosely watching this ticker, I have not seen it being removed yet or anything of that nature (though time is ticking on that SEC deadline coming). Nor have I seen anything that would suggest SNGY has filed required paperwork to become current (or even working to be current).

https://sec.report/CIK/0001483798

https://www.otcmarkets.com/stock/SNGY/overview

[CJ Investor]

$SNGY So reinstated so dump shares ?? Ok

[krisc62]

Reinstated!

[billy28227047]

Something maybe someone here may have more information on. Has anyone here been able to verify actual employees?

PPP loans taken under Synrgy:
https://projects.propublica.org/coronavirus/bailouts/loans/synrgy-corporation-7000158503
AND
https://projects.propublica.org/coronavirus/bailouts/loans/synrgy-corporation-1369028208



More info behind why I am looking at the PPP loan details here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163754702

[CJ Investor]

$SNGY 1$ ask smack lol , Friday marks the 2 year anniversary when this was 20$+ lol . SAD

[CJ Investor]

$SNGY , I’ve been putting bids up in the 1-2$ range and never get filled .

[buccaneer1961]

i might think about buying some at 1.5

[buccaneer1961]

The clown with that high ask...nope not for me...get in the dollar range IL think it over

[buccaneer1961]

Here we go again with those high ask prices...dude is out of his mind...he can keep them

[buccaneer1961]

Thankyou

[billy28227047]

buccaneer1961 -> It is stated in the court documents. You will have to look through them to find that acquiring date as I am away from my computer for the weekend.

[buccaneer1961]

rats...trying to see when the r/m candidate was aquired

[billy28227047]

buccaneer1961 -> Bellow is the court filing it was put out with. It was one of the Exhibits.



02/16/2021
OPPOSITION re: NOTICE OF MOTION AND MOTION to Dismiss Case 23 filed by Plaintiffs Michael Asadoorian, Exirsoft Thechnology and Development, Inc, Patrick Kennedy.

Declaration of Patrick Kennedy

Exhibit A to Kennedy Decl.

Exhibit B to Kennedy Decl.

Declaration of Alexander Kandel

Exhibit A to Kandel Decl.





https://www.docketbird.com/court-cases/Kennedy-et-al-v-Bearden-et-al/cacd-2:2020-cv-11483


https://www.pacermonitor.com/public/case/37594863/Kennedy_et_al_v_Bearden_et_al

[buccaneer1961]

What date was that filing? Or when they got that co. So they can merge it into sngy?

[CJ Investor]

$SNGY Haha I see that ask , nah I’ll leave my 1$ bid up thank you

[buccaneer1961]

some idiot putting them for sale at 9.00 nope! i wont buy! keep them!

[buccaneer1961]

Yes

[CJ Investor]

$SNGY Very Possible with SS , once anything happens it will be off to the races !!!

[buccaneer1961]

wonder if we see a pop to $20.00 pps because of the excitement?

[buccaneer1961]

Yes

[CJ Investor]

$SNGY Waiting for the big pop here soon !!

[buccaneer1961]

https://acembly.com/

[buccaneer1961]

i bet its big

[buccaneer1961]

https://www.linkedin.com/in/pkacembly/detail/recent-activity/

https://www.linkedin.com/in/pkacembly/

[buccaneer1961]

Move this into that

[buccaneer1961]

Hoping this moves before ACCA so I can move that money in there

[billy28227047]

Has anyone here looked at the court case with Acembly?

Just want to point out to you that exhibit B that has been entered into record does give a good bit info that may be of interest with you guys to help connect those dots.

A big thing that I think is of importance to you SNGY investors is the LOI/STOCK PURCHASE AGREEMENT signing page.



"BUYER: SYNERGY CORPORATION LLC
By_____________________
Name: Jeff Bearden
Title: CEO"



So confirms Acembly's relation with Jeff/SNGY. Also looks like you guys might be getting a slight name change soon. Getting a "E" correctly back in the name.

[buccaneer1961]

Hopefully wrapped up soon

[billy28227047]

Some very useful info from one of the exhibits (Exhibit B of the court case). lots of money and shares being thrown around getting ready for the future.


"Section I.01 Purchase and Sale. Subject to the terms and conditions set forth herein, at the Closing, Seller shall sell to Buyer, and Buyer shall purchase from Seller, the Shares for the
Purchase Price (as defined below) and the Settlement Payment (as defined below).
Section I.02 Purchase Price. The aggregate purchase price for the Shares shall be one hundred eighty seven thousand dollars ($187,000.00) (the "Purchase Price").
Section I.03 Settlement Payment. In addition to the Purchase Price, Buyer will also deliver to the Company one hundred twenty nine thousand dollars ($129,000.00) (the "Settlement Payment").
Section I.04 Buyer Restricted Stock Issuance. In connection with employment and/or consulting arrangements following the Closing, Buyer will issue the individuals identified on
Exhibit B a total of up to nine million (9,000,000) shares of Buyer’s Common Stock pursuant to restricted stock unit awards agreed upon by the parties (the “Equity Awards”)."

[billy28227047]

Asembly court case update that would be very beneficial for you guys here to know about.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161887029



The Acembly court case:

https://www.pacermonitor.com/public/case/37594863/Kennedy_et_al_v_Bearden_et_al

[buccaneer1961]

im a shareholder here too

[billy28227047]

Looks like we might get some answers in short time. GLTY

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161876304



https://www.pacermonitor.com/public/case/37594863/Kennedy_et_al_v_Bearden_et_al

[buccaneer1961]

Ok perhaps next week filings come out for sngy then ACCA

[billy28227047]

I haven't seen any job listings yet. I assume Jeff is in the state of cherry picking his staff.

[buccaneer1961]

is there any jobs listings?

[billy28227047]

Was looking at some basic stuff and noticed that the Synrgy domain is up for sale.

http://www.synrgy.com/

Wonder why Jeff/$SNGY is not jumping on registering that domain. Maybe a sign that Synrgy shell may be getting another name change?

What I believe is their original domain is still up though. Seems to be pointing to a missing Amazon AWS hosting service ( https://stackoverflow.com/questions/21335580/code-nosuchbucket ). But, it does seem the domain is being up-kept, which i believe is a very good sign for the group here!

http://synrgycorp.com/