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Hsa anyone called the TA and told them about what TDA is saying? Keep the TA in the loop. It would seem to me that they would be the ones that know how the shares were transmitted to the brokers.
Also, they can get back to Brian about newest developments.
I still say that someone needs to get TDA's stance in writing.
Just a thought.
You need to get them to get that to you in writing.
That would be a lot more powerful to be able to get some action on this with ML.
Petrit, say what you want to say now, but your story doesn't wash with me.
Are there pumpers here?? They are on EVERY board. I personally ignore them as much as I ignore you. I do my own DD and know what I know....I will be right or wrong, on my own.
Now, you are welcome to challenge anyone on any subject, but calling people liars, etc., is not appropriate and frankly something that gets people banned, as it rightly should. You wanna challenge the "pumpers" say something that merits discussion/debate beyond your standard line.
NO ONE CLAIMS to be an insider here...show me the post that says that...
Never buy expensive is a great guide to buying, but it is already down. You say yourself that this is going to go up eventually over real or fake news, so what is your real issue? Take care of you, and leave the other investors to their own devices.
You aren't responsible to save anyone. No one asked you to save them either.
Interesting question/thought...but remember that MEG is listed as an LLC...not an INC.
CEOs are not your friends, you don't invite them to dinner, etc.
We all want Gordon Gecko's in our companies, just not in our personal lives.
Is Brian a Gordon?
Waiting to see.... I remember months ago, after I sold my shares during the June-July spike, people were talking about how Brian knew so much about the stock market and how to break the stranglehold by the MMs.
Divys were supposed to be the first step of the plan....now we have to see if he really can execute the rest of the plan. If he does have Gordon's skills, Brian will be one very wealthy turd, as will the rest of us. LOL
Just be careful with that statement. SRE SC still exists in all likelihood, but just for SC operations. Remember that they would want to keep a local company (SC) to gain state benefits as a minority firm. If they are working with local and state governments and financers, it is easier when you are local.
My guess is still that both MEG and SRE exist, at least on paper.
JMHO
Okay, so today was a quiet day...probably a good thing considering the madness the past few weeks. I still support this company and am going to accumulate one more time until we get a PR.
Still think that this company, with all its warts, is bigger than most every other penny out there.
Why I am confident is:
1) Confirmed relationship with SCSU: Regardless of whether or not they get fed. funds, they got hooked up enough so that now one of the professors is part of SRE. SCSU is trying to be a big grant player and I just don't see them working with SRE if it was just a shell company.
2) DoD registration: MEG, while not officially a part of SYNJ, until a PR comes out saying so, is registered in the DoD database. Why go through the trouble if it is all a lie?
3) Mac: Say what you will, but this guy had SRE working for 2 years before he met Brian so he is a guy in the industry. Would like to have seen a presentation or article by him on alternative energy, but all DD shows that this guy is legit.
4) Methes: Multiple confirmations that they are working to prep for installation. They would not be out working on pre-install if the installation wasn't going to happen. Methes is trying to go public in 2 months; they would not spend time on a "shell" company.
There are issue/questions, but those four "facts" are why I have minimal worries.
who is at 77 birchwood kingstree sc?
if no one is using the warehouse, it would make sense that mail is being forwarded..no? would be nice if the address was SREs South Carolina address...
Well, let's see what happens the next month or two...Yes, it is spring....
Either we will see that Rick is not Adam and that he really made progress or we will all be looking for the first pop to sell, take profits, and move on.
I still think that they are actually prepared to make a move - real business.
You know, I am still wondering what could be done with the property once the demo is done...I mean they are right on railroad tracks....couldn't they take advantage of that somehow?
Edge,
i am going to follow you. Stay quiet and accumulate while it is cheap. I have said what i wanted to say for now.
Good luck all. Don't let anyone here tell you what to think or feel. And don't let the fear beat you.
No i am giving another point of view vs just agreeing with you and stating potential truths. I hace no idea what id true but yes i defend a company i have stock in. What a crazy idea!! I actually nought stock because i thought it would make me money. I know. How dare I!! Look you say i refuse to see the truth so you are saying that what you post are all verifiable facts?? If so prove them all and i will shut up. Otherwise how about we post our opinions and discuss both sides of the coin like adults.
Again it seems like there aré enough people that agree with me that proves i am not the only one who thinkd the way i do.
Your attempt to call me Brian is your way of calling me a plant/insider and discreditting my opinion because that is all you have left since i have logic to my opinion. Doesn't mean that i am right though. But you like scaring people. Perhaps we should ask the question why. Trying to get cheap shares maybe?? Don't bother answering because there is no way to validate anything you say either way.
Wow. So i don't agree with you therefore i am brian? I always say when someone resorts to personal attacks is when they have lost the fight so they have nothing else but that. Look i respect everyone's opinion. I just don't see finra being good for anyone. Just my opinion and based on reactions i am not the only who feels that way.
Sad to see you resort to labelling me to try to taint me.
Well, I don't know that you are right or wrong with your post.
Has there been continuing dilution? I know that people say that there has been but I see no evidence of that. That we are where we are is more MM manipulation than anything else.
Let's see what happens this month/next PR before concluding that Mac has not been able to make progress.
Agreed, that is why Mac is the man, right?
You know Brian and his past scared me too...still makes me nervous, but once I decided to stay in it, I let it go...that is why I "defend" him, because I decided to be here, I had to accept that he has a checkered past and everything could be questionable.
But the opportunity.....the lure of the opportunity.
EDIT: Don't blame Mac or BS for that....
What I mean is that we would still be hearing from Mac if there wasn't the blowup.
I spoke to Mac mid-December and he made it clear to me, just like he said to other people that he won't speak to us anymore.
Had people not blown up what he said we would be still hearing from him was my take from what he told me back then.
I would hope that they are redoing all websites, just like they did MEG.
It would seem to me that they are pushing 3rd parties to the MEG website...I mean, clearly, they aren't giving clients, etc. the SYNJ or SRE website.
Well, I would say that is a bit of insanity to buy that many shares of a startup company, but I also think that you are going to be very happy with your investment!
I have much less shares and happily so...like to play in the pool, but without risking drowning.
No argument there at all.
Look, I am right in line with everyone else that an update would be good and it is warranted. It has been a while since he got the funds, and I think that it should not take so long to get something done.
All I am suggesting is that, as you stated, we tone down the negative rhetoric, that we focus on TRUE business development issues that matter, and that we act like adults/professionals.
However Brian acts/communicates does not mean that we should follow in suit.
People saying that he is an alcoholic hanging out with whores, or a janitor, etc. is innapropriate, disrespectful, and, if he does read this board, does nothing to create a good relationship.
WE can complain, demand, etc., all we want, but HE is the one with the information. The truth is he has what we want. We already gave him what he wanted (our money) so, he is in the driver's seat whether any of us like it or not. We chose to get on this bus driven by Brian, so my point is, that no one gains anything by pissing him off. Make him part of us and we get more info, IMO.
All I know is that the moment the Mac scandal occured, getting information from them got a lot harder. People on this board over-reacted and the wall went up.
So, yes, questioning, challenging is good. But, too many have crossed the line, IMO. Brian is a private guy as it is, so bringing in finra, calling him names, etc., is not going to get him to open up.
As a peron with so much bravado, Brian is more likely to get defiant, which is exactly what happened when he spoke to Tufan. That discussion was predictable, which is why I don't understand why everyone is freaking out. Brian acted just like someone with his personality would.
Debate is a good thing no doubt, and frustration is also to be expected.
I disagree that a true long would not be on the board as I am one and I care strongly about my investments, even the highly speculative ones like this one.
If you are going to invest in a company (short or long), first learn about the management. In this case we have Brian with a checkered past. He also is rude and arrogant. This is what Tufan ran into when he spoke to Brian.
I again say that if I am Brian my focus is creating a successful business, and, as much as I want to get everyone their divys that is not a front burner issue because it isn't an issue until October. That means I work on it when I can but I am not making it a focus. What am I doing instead? Talking to government officials, partners, investors, etc.
Then I have shareholders calling finra and trying to get them involved....trying to get finra involved in a divy matter...as if finra will only go after TD, etc. Now, I am trying to present SYNJ/SRE, a small upstart company as being hard-working, etc. and now potential customers, partners, investors could find out that finra is getting involved in my company due to my shareholders...do you think the potential customers, partners, investors are going to research that it is only to get TD and other to give the shareholders their divys? I don't think so. So what is the risk, that the divys issue causes all of them to turn away from SYNJ and guess what, we ALL have nothing.
I, as CEO, would be pissed off, as would everyone else on this board in that scenario. I would be saying, relax, there is time to resolve the divy issue before you can trade them, just let me do my job.
I don't know, but I don't dislike that he got upset and thought that shareholders were being crybabies. I like that he is passionate and didn't give some song and dance. He showed that he cares about his company and what is going on. Hell, if all he wanted was to fleece all of us....getting a finra investigation regarding a few divys would be the perfect opportunity for him talk walk away with cash....
Just one time, put yourself in the CEO position, trying to prioritize your time based upon what MUST get done immediately vs that which can be resolved over time. You would focus on the warehouse, the denamis, financing, and oh, by the way, getting customers...then you would focus on divys which are only good in October....
If we do, happy buying....can't imagine that there are a lot of .0002s UNLESS the MMs want to drive it there.
Anyone who sells their shares is going to regret it....
Okay, you responded before I shutdown for the night.
Within your right to split hairs if you chose, I just think that your energy would be better served elsewhere...especially yours who I think has posted informative/thoughtful stuff.
This is a style thing, IMO. I think the way it was written assumes that we can understand that Madrid did the financing. I concede that they should have been clearer, but I think that this is a level of discussion that we aren't doing ourselves any good by getting into.
But go for it....just think that you are challenging style, not substance.
Wow...you are really splicing hairs now....that's fine, you are right, it does not say that the $5 million dollar, 10 year loan, bearing interest at a rate of 4% annually is coming from Madrid.
But could I point out that they call Madrid a "partner"? I mean, is that we are down to? Splicing hairs so thin?
I have underlined and bold key points that show that, IMHO, you are just taking this too far....
The Madrid finance group is already considering finance packages for additional projects in our Energy City agenda, specifically the Palmetto Gas Pipe Line. They are reasonable in cost, faster and more predictable then the government, extremely well capitalized and motivated to grab - with us - a piece of South Carolina and the renewable energy revolution. I can't ask for a better partner.
additional: This means more than one, so the "one" has to be the warehouse.
partner: They are now partners which means they are working together...what else do that be related to if not the warehouse?
I respect that we want additional information, but there is a limit to reasonable DD/review.
Good night!
So, what is the question/concern? I am still not clear as to your point. Madrid, whomever they are, are providing money. That is all they are, they are the money guys. So what is it you are expecting/ looking for?
Okay, you lost me there...
"The Company's cash match requirement is $1.5 million bringing the total asset commitment for the Kingstree South Carolina Bio-diesel Manufacturing facility project to $6.5 million dollars."
How much clearer can they state that the $6.5M is for the plant??
Now I agree that they could be giving us something more in other areas, but they clearly are stating that they got funds for the warehouse.
Now they separately state that they are looking at other projects, but that is another matter.
I don't understand how much clearer they can be.....at least in regards to this matter.
Damn....how come I didn't think of that?!? :)
Good point...he wants money too. No way he isn't about making money. I know from way back in July, when I spoke to Mark Solomon, that BS has invested a lot of his own money here.
well said...tufan, brian is not the nicest person...we all know that. You and he have spoken several times, maybe he felt like he could vent to you and you would understand what he was trying to say.
Have you tried talking to him again to clarify things?
I am not saying that you have to be mr. positivity. You can disagree with the company and its leadership, but the sarcasm is not appropriate as a mod.
Okay, so let's walkthrough your points:
1. T/A is gagged.
Yes that is a problem. Would be good to know the actual T/A. If they truly are going to uplist, that will resolve itself.
2. Pinksheets.com filings are not up to date.
What is there to file? We all know that this is startup business. There will be something to file this year, once they have assets, so let's worry about this at the end of this year.
3. DE SOS showing: THIS IS NOT A STATEMENT OF GOOD STANDING
Yeah, not sure what that means or its relevance. Would be good to have more information on this.
4. SRE SC, Inc was merged with Pinnacle but yet it shows Pinnacle only owns 18% of SRE SC, Inc. What kind of merger was that.
That has been a question on my list since the beginning. I still have the question but want to revenue before I even worry about it.
5. $25 million grant --- we even don't which grant they applied for?
BS stated that this is no longer important. They got private financing. I did try to get information from SCSU but they would not give specifics either.
6. Madrid Finance --- unknown.
Good question. Nothing on internet. Would be good to know who they are.
7. MEG website has no mention of Brian Sorrentino/SYNJ.
But it does have the same management team as SRE SC so not so scared about the lack of mention of BS
8. CEO ignorant.
Hey, that is a known factor. I am not looking for a friend, but someone who can build a company. NONE of us know if he is a bad businessman.
9. finra getting involved
This is due to shareholders freaking out and in my opinion, over-reacting.
10.Cornell involved.
What is this and how do we know this???
11. No buy by ST and TD.
No buy which they do on a lot of stocks. I think that they did no buy when they saw that this company liked to give divys.
12. No dividends from TD ( Thats why Brian thinks we are cry babies)
Well, let's be honest. Is this really a number one priority? This company needs to be alive and well in October and the divy issue will resolve itself. And yes, I think that people calling finra on this issue are being cry babies/over-reacting. It is an issue, but not one worthy of finra involvement.
Good post...and fair enough. I think the question ends up being is that we don't know that there isn't a good reason why he can't talk. Here are my thoughts regarding your comments:
Warehouse status: Is there competition to acquire the warehouse, has something changed that means that they are re-negotiating? What would he PR then?
Financing: I would like to know more about this. If that is finalized, it would make sense that is something that he could PR
Uplisting: He has a plan to uplist. When is not soon, so what else is there to say
Divy issues: As I have posted before I think that is going to be tough for him to PR. We are talking about a pinksheet CEO vs. behemoths that know how to manipulate things to their end. He is not, in my opinion, going to get too far with them quickly. They are not scared of him so they are not going to give what he wants. Why would they be scared? My thinking is that the best thing for people who have not gotten their shares is that this company is alive and well in October and growing and forces TD, etc. to do what they have to do. They have the divys, they just don't want to give them for their own reasons.
My last post on the matter.
It doesn't hurt per se, but, if management has established a defined approach for communicating with shareholders, and there is a past (i.e. Mac) in which breaking that approach caused scandal, all that trying to continue to circumvent the established process will do is increase distrust, IMO.
He has a right to call, but I question the wisdom adn the overall value. Peter is not goingt to speak, and what he will say will be minimal at best.
My point is that we are all better served relaxing and waiting, at least through March. If you were looking for a quick flip, not going to happen, so settle down and wait.
You are good at pushing people's buttons, you know...
You are not good for anyone though...
You have a right to share in the eventual growth and profitability of the company and to be notified of MATERIAL CHANGES. THAT IS IT. You DON'T have a right to know every detail, no matter how much you invested, unless you own a majority voting shareholder.
Don't you see?? This is the behaviour that creates a wall between shareholders and management. LET THEM DO THEIR JOBS!!
This is why they don't tell us more. They tell you about a potential customer and then the customer receives hundreds of calls regarding the deal, when is payment due, etc.
The the customer gets pissed and cancels the order.
Leave Peter alone...besides he isn't going to tell you anything. BS is the only person authorized to talk. we know that so why try calling peter? HE WILL SAY NOTHING...
"The sad thing is that was half a year ago and we are still speculating what in the h*ll is going on!"
I am still amazed by what people think can get accomplished in 6 months....seriously, what were/are you expecting?
They have taken an IDEA and gotten partners (like SCSU, and yes they are partners, how else do you explain a guy from SCSU being part of MEG), supplier (Methes, who have visited the warehouse to plan the implementation of the turn-key solution), financing (Madrid Group).
What, that is nothing?
We KNOW that they are going to install 2 denamis. We KNOW that they are working with state, federal and other institutions.
We DON'T KNOW the details, but, we don't get to know the details until the details won't hurt the company. From day one BS said that news would be slow to protect the company from competition. When I read that, it was one of the things that told me that this was a real company. That rule should be in place for a while.
Guess what, if I am BS or Mac I don't trust all the shareholders. Too many are in it to make THEIR money and not in it for the company to succeed which will in turn make them money. Too many people want the quick profit and screw the company. If everyone really was a long and wanted the best for the company, I think that BS and Mac would talk more.
Remember that Mac WAS TALKING until people twisted what he said. That was the last time we heard from him. I have called him two times since then and each time he refuses to speak because he got burned and will not be burned like that again.
So, before blasting management, which has its faults, at least be a little fair.
This is the time to accumulate...if you can and are so inclined.
People need to know that we have got to change the tone on this board. It was the DD that brought people here a couple of weeks ago and the DD was real, solid.
We need to continue the industry related discussions so that viewers get the feel that something is building here...which I still contend is true.
We can't keep bashing the company, TD, etc., and expect that new investors will be interested. We have a responsibility also to the image of the company.
Lots of maybes....but that is the thing, no?
There are negative maybes and positive maybes.
So if you have the stones for it you either hold or accumulate. If you don't, well sell and move on.
I still say that those that sell or think that this company is a train wreck waiting to happen are going to be sadly mistaken when the company takes off.
Here is a potential sceario regarding the current situation.
BS and Mac see all sorts of opportunities outside of SC, but don't want SRE to look like it is not focused on SC, so they agree that Mac should use his name (MEG), which clearly has some respect/reputation as the name of the company on all non-SC areas. So, Mac, who is still Pres of SRE also is free to go after non-SC opportunities via MEG. Now, why do that? Well, as an independent, private company, Mac can say whatever he wants. Go look at the Production Strategy through 2013. Do you think a public company could make those claims? They can't and they don't. Also, if/when MEG takes off, they could do a RM and instant value is brought to SYNJ in a major way.
Don't know if any of this is true, but this is just as likely as the doomsday scenarios people are painting.
Nice to see that business minded people have reclaimed the board.
I think that we are now splicing the wording of the money. They got the money. But, their job is to use the money effectively, not just throw it around and waste it. I agree that Mac is not the kind of guy to throw money away. Heck, he got involved with BS because BS could get him the money to do his thing, right?
So, as a smart businessman, Mac is going to take his time and negotiate the best deal possible to maximize his money. After all, the money has to cover the warehouse acquisition AND the preparation and installation of the Denamis (Methes Turnkey solution).
The money is there, now it is business time, which is not fast. If they moved quickly, we would be upset that they negotiated poorly/wasted money....
Look the point of the divys was to BEGIN the process of reducing the stranglehold the MMs had on the stock. BEGIN is the key word. BS made it clear that he wanted this stock out of their hands, well that takes time. It also takes showing that this company is real, with real assets, etc.
We ALL need to step back, and give him time. Wait until at least the next PR which I would think would be when we would start to here definitive, verifiable news. After all, he has the money, so negotiations of the warehouse should be finalized.
We KNOW that Methes has been working with SYNJ in SC and since they are NOT a NOT-FOR-PROFIT company, I think it is reasonable to assume that they are doing it because they see that SYNJ is going to pay them, if they haven't received payment already.
If, after the next PR or two we see no progress, no announcement of anything, then maybe it is time to bring in an independent party, but not now....PATIENCE.
What sense does it make to lose everything you have invested? Maybe this is all false dreams, but I tell you what FINRA is a definitive dream killer.
LEAVE FINRA OUT OF THIS!! IF WE ARE HALTED, IT IS NOTHING FOR EVERYONE. The only ones who would win if FINRA gets involved are the same people that are holding you divys!! Think about it. Also, think about the fact that the some of the others who are pushing for FINRA are likely paid by the MMs so that they don't have to show that they shorted the stock and now have the divy issue on their hands which will cost them.
You are getting FINRA into a situation that makes no sense for them to get into. TD, etc., are wrong for what they are doing but once FINRA is involved they screw us all.
For the immediate want of 2% of your shares do you realize that as part of their investigation they could HALT the stock? Then what do you have??
Give SYNJ time!! I traded SYNJ on Scottrade and got my 2% shares, so I KNOW that they issued the divys. So the issue is 100% on TD,etc. side. BS is just the CEO of a pink sheet stock and not likely someone that they are going to listen to easily so, assuming that he wants EVERYONE to get their shares, it makes sense that it would take time to get resolved.
TD and the others have THEIR OWN reasons for not wanting to give you the shares. If FINRA gets involved they aren't going to help you solve TD, they are just going to shut us down and whatever POTENTIAL that was here will die.
You may think that there is no potential and if that is the case, why do you even want 2% of nothing, so let's assume you think that there is potential, then you HAVE TO give BS and Mac some of your trust. We don't have to like BS to trust him. He isn't going anywhere; hell, it is HIS company which we were given an opportunity of sharing in (the role of a shareholder) and that is the way it is.
Right - name a company that has shareholders that know as much as the CEO does...you want to know as much as he does?? Please, that is a laugh. Never happens, nor should it.
No offense, but so says Tufan, whose posts I like, but could simply be playing on everyone's emotions and picking up shares on the cheap.
My point is that someone says BS said this and everyone freaks out? BS has never been good at communicating or sounding professional. So we know his weakness. What, he doesn't care about the shareholders, or is it that he is sick of the constant bashing he gets from voicemail and email?
A point that I made earlier today was that he and MAC are building something. We are all sitting at our PCs complaining. I would think that would get to anyone and at some point you get sick of the crybabying and sick of the shareholders in general.
So if he said that to Tufan with whom he has supposedly spoke to several times, is it also not plausible that he was letting off steam to a guy that he feels comfortable with? Someone that he thought would be able to understand what he is thinking and help translate that to us?
It is a possibility.....