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Since Syntrol took over and became a crypto currency mining company with the Crypto Partners acquisition on 4/10 the market has not updated since that time. Im curious to know whats brewing behind the scenes here as 2019 is going to be the biggest year for Cryptos. The Crypto Partners website states that the company installed 240 GPU’s for mining through Nicehash. Were they all installed and if so how is the company’s annual projections looking for the next three years?
Supplemental Information - Share Exchange with Crypto Partners, Inc.
https://backend.otcmarkets.com/otcapi/company/financial-report/190541/content
Im familiar with crypto currencies and the potential here is real if SNLP continues to follow through. The name of the game is value and how much is coming here remains to been seen, but yes it is looking good! They are beginning to remind me of INT* who also mines for crypto but SNLP is using solar power. This is more welcoming to the market IMO and liking the one two punch combo of crypto and solar together because it is more efficient, and green! Its a different approach to mining from the other tickers I have traded. I searched the name Crypto Partners after that filing came out the other day and found that website. Its not on their OTC profile page but assuming it will end up there as things further develop. The site doesn’t load right on my phone but it does on my lab top so its either my phone or its not finished yet and could be why its not on their OTC profile page yet. There are few videos of the CEO explaining the mining process and what they are doing as they are already working on there 3rd mining farm. The site states that they will hit around $300k in revenues this year and will be over $1M by year three so value is certainly on the horizon. I have SNLP on my watch list and awaiting more filings to learn more of what’s happening here. GLTY
all looks good and sounds good wise Yoda. not too familiar with cryptocurrency so we'll see how this plays out hopefully this thing explodes!!
Filing says SNLP fully acquired all of Crypto Partners, Inc, which is an emerging crypto currency mining company.
https://backend.otcmarkets.com/otcapi/company/financial-report/190541/content
$SNLP looks good soon. Some news and the stars are not that far way.
FORECLOSURE of ASSETS reported on OTC Markets.com
Syntrol Corp.
2120 March Road
Roseville, CA 95747
SUPPLEMENTAL INFORMATION
DATE: February 22, 2018
MATERIAL EVENT: Default on Factoring Facility and Foreclosure of Assets
On January 26, 2018, we received notice from our factor and finance provider, AEC Yield Capital, LLC
(“AEC”), that our wholly-owned subsidiary, Syntrol Plumbing, Heating and Air, Inc. (“Syntrol
Plumbing”), has defaulted on the Purchase and Sale Agreement, dated as of May 30, 2017 as amended
(the “Agreement”). The Agreement is a long-term financing agreement with AEC and includes a $4mm
finance line to factor current accounts and a $1mm term loan guarantee facility.
AEC notified us that Syntrol Plumbing is in default of the Agreement due to, among other things, the
company’s inability to pay certain debts as they become due and payable. For the past couple weeks,
Syntrol Plumbing has been unable to fund payroll and we have been unable to obtain financing to
maintain our operations.
As a result of the default of the Agreement, AEC, which, by virtue of the Agreement owned the accounts
receivable against which they provided advances, proposed an acceptance of a portion of the collateral
held as security under the Agreement, including relevant customer contracts, some equipment and other
assets as a settlement of their considerable claims.
We signed the proposal with AEC making it a binding agreement (the “Settlement”). Consequently, we
have limited assets in Syntrol Plumbing. However, the Settlement was made in satisfaction of all
outstanding financial obligations between AEC and Syntrol Plumbing. A copy of the Settlement is
attached to this disclosure statement. Separately, AEC has agreed to return to us, for cancellation, the
6,000,000 of our shares which were owned by AEC.
With the loss of a considerable portion of our subsidiary’s assets, we are currently seeking other business
opportunities.
We had an outstanding Regulation A+ offering (Tier 1) on file with the SEC. We withdrew the filing as a
result of these developments.
For the former CEO to do a debt conversion deal of debt totaling $102k for worthless shares makes absolutely no sense. Why would someone who is a debt holder accept worthless shares for all that money? We are missing a big piece of the puzzle here because a company who grosses $30M doesn’t go public and just stop operations for no reason. Whatever is happening must be part the company’s roll out plan in going public and until we get an update we won’t know the direction they are going.
Just throwing things up in the air, Would it have been legal for Uponus to receive shares in Syntrol in order to free up the phone app from any legal proceedings , then the full ownership Phone app going to the ex CEO of Berith Holdings .
I lightly traded this company way back when they were attempting to launch multiple construction companies along with an app but in the end it was clearly futile because the market didn’t embrace it. They clearly ran out of money because the filing here states that the former CEO was the debt holder. All though its a positive sign when a CEO is willing to put up his own money but these types of scenarios can only last for so long if the market doesn’t give. Thats long over with anyhow but agree this has potential with the numbers Im seeing and worth keeping an eye on.
Yea crypto and weed lol...maybe and I know before this company was a pos might be a nice gamble 2 months from now lol
Whats up Stark! You enjoying the crypto market? That market has been very good to Yoda! I agree, Syntrol needs audited financials and needs them to be taken seriously in this market. A company grossing $30M a year shouldn’t have any issue going fully reporting and requires two years of financials. WHAM/BERJ has financials going back further than 2 years so going fully reporting here would not take as long as 6 months especially if they have a good CPA. Syntrol has taken over this vehicle so they can use the previous filed years here together with their 3Q and 4Q of 2017. That is enough financial information to prepare an audit with and go fully reporting with the required forms and associated fees. There are many reasons why a company bows out through a RM and the filings here help reveal why but the moral of this story is that the market can either make you or break you if it does not embrace the vision of the company. For this Solar company Im curious to see what they are planning and whats on the agenda for 2018 because a lot is happening in the Solar arena in this coming year.
They need to audit their financials with the SEC. Depending on how many years this will go back it could take up to 6 months..Berj or whatever still a pos.
Berj is a pos I was right
3Q end of year 2016 states Syntrol grossed $29,921,405. The financials here need some work, but this is not a small company. If they keep growing at this rate this will indeed become an extremely profitable company. These revenues are WAY to big for a pink sheet company. No way this company stays on the pinks with these kinds of numbers. OTCQB, or OTCQX is next stop here. End of year 3Q 2017 is showing $21,275,321 and is keeping pace to hit $30M by 4Q.
Additional Information on Syntrol: Syntrol’s consumer awareness of Home Energy Efficiency solutions has dramatically increased over the past ten years, the Company is positioned to capitalize on this consumer demand and expand its market. The Company intends to grow both organically and THROUGH ACQUISITION with cost escalating utility service providers.
Syntrol has devised a unique business model in providing homeowners with a single source provider solution. The Company delivers State of the Art, Energy Efficiency products that reduce energy consumption and add value to the home. The Company has become an expert at providing any and all of these solutions that include:
- Solar Power Production Systems
- Roof and or Ground Mounted
- Battery Storage Systems for excess power generated
- Heating, Ventilation and Air Conditioning (HVAC) Systems
- Replacement High Efficiency HVAC Products
- Upgraded ducting and Insulation
- Roof Systems
- Composition and Tile Replacement Roofing
- Window Systems
- Replacement Energy Efficient customized Windows and Sliders
Syntrol Solar - Heating & Air Conditioning, Solar Installation
https://mysyntrol.com/
SNLP — Quarterly Report 3rd Quarter Financial Report.
https://www.otcmarkets.com/financialReportViewer?symbol=SNLP&id=183402
Twitter:https://twitter.com/syntrol
Facebook:https://www.facebook.com/GoSyntrol/
Berith Holdings Corp., BERJ, changed to Syntrol Corp., SNLP:
http://otce.finra.org/DLSymbolNameChanges
Name change took place at the FLSOS
New Co Name -> SYNTROL CORP.
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=WHAM%20P010001174504&aggregateId=domp-p01000117450-5bf64411-8fc2-4d22-91d8-ea43c932009f&searchTerm=Wham%20Inc.&listNameOrder=WHAM%202193850
Old Webpage: https://www.waybackmachine.org/web/20161015035054/http://www.syntrol.net
New Webpage: https://mysyntrol.com/
Twitter:https://twitter.com/syntrol
Facebook:https://www.facebook.com/GoSyntrol/
A plumbing Co worth ~$1.50/share?? GL
Fair and balanced :) lets see what happens as this pinky develops hgmmmm!!!
With the new SS market cap already high. Not interested above a buck. More like 50 cents maybe for a trade if even that.
Don't trade pinkies but watching this one to see how she develops...hgmmmm!
2 years ago? Yoda only cares about now! New Solar company here states its an established one +10 years with over 111 employees...thats a large company and sexy enough for me to keep on Yodas watchlist and wait for DA filings.
Everybody that has been involved here in the last 2 years is a scammer or a crook. That's now clear.
According to the filing it looks like the former CEO closed on a potentially huge merger acquisition agreement. It says he is the debt holder. Its definitely not common for a pink sheet CEO to be a debt holder of some $100k. This is interesting and with a 56k float! Never seen one that small before. Need to see the financials of this company. It says they have 110 employees and been in business for +10 years. will keep a close eye here as this story develops.
Maybe something will happen this time????
BERJ — Supplemental Information Acquisition of Syntrol Plumbing, Heating and Air, Inc.
https://www.otcmarkets.com/financialReportViewer?symbol=BERJ&id=180042
BERJ no more and ne Theodore Fotis.
TJ go to the otc market and check out the latest filings and disclosures. Can't believe what I'm reading
He just put up on Twitter to say the same to you
Another pos ticker...all that pumping didnt work lol....what a pumping pumptard
WFMCD changed to BERJ:
http://otce.finra.org/DLSymbolNameChanges
This is ridiculous i wait fir a long time for this to really skyrocket and now 1=300 this mean that the stock haa to be in $10 for me ti rwcover my investment like i said in the beginning ia totally ridiculous it better go 20, 30, or more to call for victory
What happened here rs and no volume
Wham Inc. changed to Berith Holdings Corp. and a one for 300 reverse split:
http://otce.finra.org/DLSymbolNameChanges
He obviously was a paid shill and if you remember I assumed so very early when he was pumping this stupid S1 so much with hilarious and stupid arguments. Basically never posted anywhere else.
Best post ever on iHub.
1:300 RS on Monday what a pos this ended up being so disappointed.
As I said a few times in the past. Management here are crooks. And so are the cheerleaders who posted here the last 2 years. All friggin crooks.
Just saw this on the daily list. That's just nuts!!!!!!!!!!
I've seen some pretty low floaters, around 5 - 7M and have to look at their history to see what they did to have such a low float. Usually is something like this.
As of March 31st, 2017
Auth 500M
Outstanding 132,989,407
float 27,712,084
Price: 0.011
http://otce.finra.org/DLSymbolNameChanges
Date/Time
Event Type
Eff/Ex Date/Time
Symbol
Issue Name
Market
06/09/2017 00:00:00 Reverse Split/CUSIP Change 06/12/2017 00:00:00 WFMC Wham Inc. Common Stock Other OTC
Reverse Split Ratio 1:300
Dividend Type Reverse Split
I wouldn't normally comment on these but wow. Good luck to anyone that gets stuck/ wiped out on this one.
Where is the "Like" button for this post?
News was posted on May 10th under fillings and disclosures.
Otcmarkets.com: http://www.otcmarkets.com/stock/WFMC/company-
OK, Did I miss something , What happened to Vogt Masonary and why is Wham Secure on hold while consulting with consul.
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