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What would have been fishy if SNEY announced Todd Hoffman for the job.
What is most exciting is that someone who is a Go-getter with experience and a positive reputation in the community is leading SNEY.
One aspect of a succesful company is leadership with a mission, a vision and a know-how to get the job done!
Congrats Dredge!!
Ice
Great News!! Now we will be getting first hand news from him via PR's and no longer on IHUB.
Go Dredemaster!! Roll out the PR campaign for us brother!!
Take us to the promise land!!
Iceman
NEWS!!!
SCOTTSDALE, AZ, Oct 31, 2013 (Marketwired via COMTEX) -- Sunergy, Inc. (the
"Company") (OTCQB: SNEY) is pleased to announce that it has met its obligation
in full to repay the outstanding note with Asher enterprises. This repayment
eliminates any effect of the 13G filed by Asher on September 3, 2013 which would
have allowed them to convert up to 192,472,865 restricted common shares which
could have become free trading immediately, since 6 months has passed from the
date the Company received the loan proceeds. The good news is that Sunergy
Management and Asher Enterprises have cemented a solid business relationship and
Asher is poised to further assist Management in its short term financing
requirements in the future.
Garrett Hale, President and CEO, says: "Our relationship with Asher started with
a referral from our attorney, who helped several companies get financial
assistance from Asher over the last several years without any significant
problems usually associated with these kinds of transactions. What Asher has
done for us is to both enable us to pay audit, accounting, legal, transfer agent
and XBRL fees on time so that we are guaranteed to maintain our fully reporting
status with the SEC and OTCQB and to follow up during each filing period to
ensure we can continue to maintain our fully reporting and compliant status. We
are grateful for their support and professional conduct and thank them for
giving us the opportunity to keep our status and obligations current in all
aspects."
Our current Q'3 filing is scheduled to be timely filed and Company focus is now
on starting our dredging operations in both Sierra Leone and Liberia when the
rains and rivers cooperate. In Sierra Leone, we have a working wash plant and a
dredge that will deploy to a working site recovering diamonds and gold along the
famous Sewa River, Sierra Leone's most famous diamond river. The rains usually
let up earlier in Liberia, so we are commissioning a dredge and crew to Liberia
next week. The Journey from Bo, Sierra Leone to Monrovia, Liberia is 175 land
miles and will take about a week to get situated in the St. Paul River about 7
miles north of Bong, where a $2.6 Billion Iron mine is being put into
production. They have a huge sand requirement that we hope to fill a portion of
from the clean sand byproduct from our diamond and gold dredging operations.
We have no definitive news on our Pampana concession renewal, but we are led to
believe that a positive resolution will be forthcoming shortly. We will report
as soon as we have any official information.
The Gambia Cash Flow: The Gambia is an exporter of sand and sand mining in the
rivers is allowed in The Gambia. We are evaluating setting up a sand mining
operation there. We are also currently discussing the affordable manufactured
homes with government agencies in the Gambia, including the building of hospital
and medical clinic structures and schools throughout the country as well as
small affordable homes for civil servants. Should these discussions and
proposals result in substantial orders, a manufactured home facility could be
built in The Gambia in an enterprise zone which enjoys a 10-year tax holiday.
Homes could be shipped throughout Africa which would support reciprocal trade
activities for the country. A Special Link is featured on Home Page Top Right
that showcases our Africa Affordable Housing Project.
Please visit the Sunergy website www.sunergygold.com and review further
information such as Company Reports under Projects, Previous Press Releases and
SEC filing information under Investor Info. Our Facebook and Twitter sites are
quite active, so please visit our website to access those links.
About Sunergy: The Company is an aggressive junior mining exploration and
development Company that is production oriented at the earliest possible
profitable opportunity. We control the Nyinahin mining concession with a full
prospecting license in Ghana, West Africa and are in the renewal process for our
Pampana River Rare Earth, Gold and Diamond concession in Sierra Leone, West
Africa. We are advancing operations there to the installation of a commercial
pilot plant to separate the gold and selected other valuable minerals for sale.
We have recently formed a partnership with landowners in Liberia to develop a
significant gold, diamond and black sands project. We have formed a partnership
in affordable housing and building projects suitable for development in Africa.
We are always open to Joint Venture participation on all our projects. We are
production and acquisitions oriented and are considering several additional
projects suitable for near term production and cash flow.
Regarding Forward-Looking Statements This current report contains
"forward-looking statements," as that term is defined in Section 27A of the
United States Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Statements in this press release which are not purely historical
are forward-looking statements and include any statements regarding beliefs,
plans, expectations or intentions regarding the future, including but not
limited to, any mineralization, development or exploration of the Nyinahin and
Pampana Mining Concessions or cash flow from Liberian mining operations.
Actual results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among others, the
inherent uncertainties associated with mineral exploration and difficulties
associated with obtaining financing on acceptable terms. We are not in control
of metals prices and these could vary to make development uneconomic. These
forward-looking statements are made as of the date of this news release, and we
assume no obligation to update the forward-looking statements, or to update the
reasons why actual results could differ from those projected in the
forward-looking statements. Although we believe that the beliefs, plans,
expectations and intentions contained in this press release are reasonable,
there can be no assurance that such beliefs, plans, expectations or intentions
will prove to be accurate. Investors should consult all of the information set
forth herein and should also refer to the risk factors disclosure outlined in
our most recent annual report for our last fiscal year, our quarterly reports,
and other periodic reports filed from time-to-time with the Securities and
Exchange Commission.
CONTACT:
President:
Garrett Hale
707.255.5836
garrettsvp@gmail.com
Investor Relations:
Steve Parent
480.326.5435
steve@sunergygold.com
Sunergy, Inc
14362 N. Frank Lloyd Wright Blvd Suite 1000
Scottsdale, AZ 85260
Tel: 480.477.5810
SOURCE: Sunergy Inc.
(C) 2013 Marketwire L.P. All rights reserved.
I rest my case about the FED continuing to pump money into the economy as it is not getting better.
http://www.cnbc.com/id/101156076
Ice
You make very valid points and pose a logical position about investing in SNEY. It is hard to argue that SNEY has failed on many aspects of many goals they have attmepted to accomplish.
Here is where I disagree...the economy is not getting better for three reasons: 1) no national budget with continued increased spending and further increase in taxes on every level. Yes, inflation of basic items such as food is a hidden tax which affects all of our bottom line incomes. 2) The continuing of QE printing of money from the FED. There is something strange about the correlation of printing of money and the price of gold. Typicially the gold price increases as the Fed continues to print more money trying to prop up a phony economy. I believe gold is being manipulated behind the scenes and many entities and countries are hoarding gold. See China and India for examples. 3) Healthcare at its current rate is going to bankrupt many families, businesses and our country. We have too many unfunded liabilities to account for and until we change course, gold and investing in mining of gold, silver and other precious metals with be the future ticket. It might not be advantageous in the short run, but in the long run, this is where most of the transfer of wealth in America will occur.
There has no doubt been an ongoing disappointment in SNEY as one would think continous news would bring about positive results. This has been just the opposite for SNEY...why?? Only the ones on the ground can tell you that, but mining in a foreign country isn't like running a McDonald's franchise...many moving parts with many variables that have to hit just right. We are so close...
IMHO
Ice
Do you own any stock in SNEY? Did you see my post from yesterday?
What a great time to invest in SNEY!!
I agree...
Maybe people just don't know about SNEY. With all the stocks available to invest, finding the diamond in the rough can be tough or hidden.
The way the economy is headed and where our country is going, being invested in a gold mining company is an excellent idea. Might not seem so right now, but as long as the Fed continues to print money, it is just a matter of time before the prospect of buying out mining company's who own gold rights will be a valuable and profitable asset.
Ice
.005-.007 Range...Excellent time to invest in SNEY!
Great time to invest in SNEY
After reviewing my investment and the many shares I own, I decided that it is in the best interest to stay and invest in more shares.
I will be honest, I was very close to unloading my shares(I have several air craft carriers), and I have been one from time to time to complain about what is wrong with SNEY, but after further investigation, I believe SNEY is on the precipice of change...very scary place to be, but in the end it will be handsomely rewarding.
As Warren Buffet says, buy when people are fearful and sell when people are greedy. SNEY is so close to turning the corner and anything in life that seems to just about to be done tends to change on a dime for some strange reason.
I believe we are that close...I am hanging in. Good luck to everyone! I am pulling for you and me!
Ice
Based on your experiences, is there a chance of success for SNEY or are they done?
NEWS!!
SCOTTSDALE, AZ, Oct 17, 2013 (Marketwired via COMTEX) -- Sunergy, Inc. (the
"Company") (OTCQB: SNEY) While awaiting approval of our 4 year renewal application for our Pampana River Exploration license in Sierra Leone, Management continues to pursue immediate cash flow opportunities through working with existing mining licenses in both Sierra Leone and nearby Liberia. A recent visit by Management to Sierra Leone and Liberia has produced no further news on the status of our renewal in Sierra Leone and has led to a new partnership for mineral development in nearby Liberia.
By way of explanation of various mining licenses in Sierra Leone, all Exploration Licenses require exploration activities only and do not allow for sale of products as a result of such exploration. Production cannot be conducted on an exploration license, without an additional small scale mining license or
through permitted Artisanal operations. Accordingly, as Management has previously stated, 2013 is focused primarily on developing cash flow from operations, which are conducted on existing licenses where production and sale
of materials recovered can be accommodated. We will conduct further exploration activities on our Pampana concession once renewed and pursue the necessary license(s) with which to be able to market the recovered products to be processed by our proposed pilot plant.
Current Mining Activities for Cash Flow:
Sierra Leone Cash Flow: We have a cash flow operation scheduled to commence once rains cease in December in Sierra Leone for gold, diamonds and black sands. (See
Press Release dated September 19, 2013 for details) This area is known for substantial diamonds with the gold and we have tested the black sands and will recover these as well. We are also evaluating the immediate cash flow associated
with sand mining in Sierra Leone as well as additional cash flow opportunities. We are negotiating asset backed financing to produce sand mining dredges as well as additional gold, diamond and black sands dredges. All dredges will be manufactures near Bo, in Sierra Leone.
Liberia Cash Flow: Monrovia, Liberia is less than 200 miles by road from Bo, Sierra Leone. Management was invited to go to Liberia and evaluate a dredging project on known diamond and gold bearing gravels in the St. Paul River about 7 miles north of Bong, where a $2.6 Billion Iron Mine is being put into
production. We have also observed the presence of black sands and are testing same at this time. Our Sierra Leone geologist will visit this site and a potential larger mining site during the first week of November. The rains in Liberia usually cease about one month earlier than Sierra Leone, so we are prepared to commission a dredge and crew to begin exploration and production on existing Class C mining licenses in Liberia. We will act in a sponsorship capacity with our equipment and crew and share equally in the net profits of this operation. All recovered products may be sold, including clean sand as a
byproduct of our gold, diamond and black sands operations. There is a major market for river sand in Liberia.
The Gambia Cash Flow: The Gambia is an exporter of sand and sand mining in the rivers is allowed in The Gambia. We are evaluating setting up a sand mining operation there. We are also currently discussing the affordable manufactured homes with government agencies in The Gambia, including the building of hospital
and medical clinic structures and schools throughout the country as well as small affordable homes for civil servants. Should these discussions and proposals result in substantial orders, a manufactured home facility could be built in The Gambia in an enterprise zone which enjoys a 10 year tax holiday.
Homes could be shipped throughout Africa which would support reciprocal trade activities for the country.
Garrett Hale, Sunergy President and CEO says: "We will establish profitable cash flow operations in every country we work, as our first objective. In Sierra Leone, in addition to gold, diamonds and black sands, we may pursue sand mining
for immediate and continuous cash flow. We will pursue Liberian mining activities whenever cash flow can be achieved. There are vast areas in Liberia that have known mineral reserves and deposits to which we now also have access. In Gambia, in addition to sand mining there are tremendous other mineral
occurrences that have yet to be developed. Being in the building contracting business myself, the affordable housing project excites me. To be able to build quality affordable housing is relevant in all the countries which we wish to do
business. The housing project endears us to the governments who wish to provide affordable housing to their employees and citizens, like The Gambia. Then they see where else our products can fit, like hospitals, medical clinics and schools. It has always been a part of the Sunergy dream to provide humanitarian
solutions wherever we work, and to do so while making money is even more exciting."
We are also pleased to announce the appointment of Noellen Barber as Deputy Country director in Sierra Leone. Ms. Barber will work directly with Terri Laconte, our Country Director. Ms. Barber will also support our activities in Liberia and Gambia where she has cultivated strategic alliances with persons who
can immediately join our team and be of substantial assistance. Ms. Barber is a native of Sierra Leone, but has lived most of her life in the United States of America. Ms. Barber has founded and run numerous companies in West Africa. She received her Bachelor of Arts Degree in Political Science at Bowie State
University and a Masters of Business Administration in Sustainable Business and Renewable Energy from Marylhurst University in Portland Oregon. Her business
activities are centered on Agriculture and Real Estate Development. During her stay in Sierra Leone, Ms. Barber has learned the mining laws and has many contacts in the mining and government sectors.
Please visit the Sunergy website www.sunergygold.com and review further information such as Company Reports under Projects, Previous Press Releases and SEC filing information under Investor Info. Our Facebook and Twitter sites are quite active, so please visit our website to access those links.
About Sunergy: The Company is an aggressive junior mining exploration and development Company that is production oriented at the earliest possible profitable opportunity. We control the Nyinahin mining concession with a full prospecting license in Ghana, West Africa and are in the renewal process for our
Pampana River Rare Earth, Gold and Diamond concession in Sierra Leone, West Africa. We are advancing operations there to the installation of a commercial pilot plant to separate the gold and selected other valuable minerals for sale. We have recently formed a partnership with landowners in Liberia to develop a
significant gold, diamond and black sands project. We have formed a partnership in affordable housing and building projects suitable for development in Africa.
We are always open to Joint Venture participation on all our projects. We are
production and acquisitions oriented and are considering several additional
projects suitable for near term production.
Regarding Forward-Looking Statements
This current report contains "forward-looking statements," as that term is
defined in Section 27A of the United States Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Statements in this press release
which are not purely historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions regarding the
future, including but not limited to, any mineralization, development or
exploration of the Nyinahin and Pampana Mining Concessions or cash flow from
Liberian mining operations.
Actual results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among others, the
inherent uncertainties associated with mineral exploration and difficulties
associated with obtaining financing on acceptable terms. We are not in control
of metals prices and these could vary to make development uneconomic. These
forward-looking statements are made as of the date of this news release, and we
assume no obligation to update the forward-looking statements, or to update the
reasons why actual results could differ from those projected in the
forward-looking statements. Although we believe that the beliefs, plans,
expectations and intentions contained in this press release are reasonable,
there can be no assurance that such beliefs, plans, expectations or intentions
will prove to be accurate. Investors should consult all of the information set
forth herein and should also refer to the risk factors disclosure outlined in
our most recent annual report for our last fiscal year, our quarterly reports,
and other periodic reports filed from time-to-time with the Securities and
Exchange Commission.
Contact:
President: Garrett Hale
707.255.5836
garrettsvp@gmail.com
Investor Relations
Steve Parent
480.326.5435
steve@sunergygold.com
Sunergy, Inc
14362 N. Frank Lloyd Wright Blvd Suite 1000
Scottsdale, AZ 85260
Tel: 480.477.5810
SOURCE: Sunergy Inc.
(C) 2013 Marketwire L.P. All rights reserved.
-0-
SUBJECT CODE: Manufacturing and Production:Mining and Metals
Source: Comtex Wall Street News
So are the both of you saying that this a good entry point for investing in SNEY or the death nail to sell your shares?
Don't see our company...that is a good sign...now we can get things going!!
ahhh...gotcha. I don't have level 2. Assuming the stock price will go up now?
What is that supposed to mean?
For what is worth...Sney needs to crank up the PR machine and get the "meat and potatoes" rolling.
We need a PR about once a week for concrete updates showing real progress, with real results, with real money to get the upward swing. The investors need confidence in their investment that they can make a profit. Once that happens, others will want to invest as well. It can happen...I have seen it before...not pump and dump, but real business operations!!
At least that much is owed to the investors...
Always excited for the potential of SNEY to be revealed!
Ice
(WORLD STOCK WIRE via COMTEX)Today's alerts include: Sunergy: (OTCQB: SNEY) $.001
New York, NY, Sep 23, 2013 (WORLD STOCK WIRE via COMTEX) -- OTC Signal tracks
stocks daily and is pleased to offer its stock alerts. Investors can receive
FREE Stock Alerts and company news and profiles by visiting OTC Signal at the
following: http://www.otcsignal.com
Today's alerts include: Sunergy: (OTCQB: SNEY) $.001
Sunergy is an aggressive junior mining exploration and development Company that
is production oriented at the earliest possible profitable opportunity. We
control 100% of the 150 SQ. Km. Nyinahin mining concession with a full
prospecting license in Ghana, West Africa and are in the renewal process for our
Pampana River Rare Earth, Gold and Diamond concession in Sierra Leone, West
Africa. The company has been operating exploration dredges on the Pampana
Project and are advancing operations there to the installation of a commercial
pilot plant to separate the gold and selected other valuable minerals for sale.
OTC Signal (www.otcsignal.com) is a stock watch website that provides free daily
alerts on stocks. OTC Signal's alerts include news releases or daily e-mails on
stocks in all sectors of the market. These include stocks with high or low
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Please do your own Due Diligence before investing in any of the stocks mentioned
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To join and start receiving our FREE e-mail alerts and newsletter, please visit:
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Until SNEY rolls out consistent PR's(at least 2 month)with concrete operations showing progress and cash flow, this company is deadwood drifting in the water.
As another poster commented, the opportunity to strike while the iron was hot happened about 14 months ago. Only time will tell if the opportnity will present itself again.
All fluff and no stuff is not going to raise this stock price anymore because investors are extremely cautious about investing in this stock.
Not much more I can do as an investor...I too many shares too sell and contacting SP for a response is futile
One frustrated investor waiting for a life changer
Good weekend to all those who have patiently waited...hopefully it pays off.
Ice
Anyone have a link to news?
If and when that news ever comes...this is not good when a company goes dark.
How does/will this affect SNEY?
What drums are you listening to? "Soon" is taking eternity...
If this being the case...why should anyone hold SNEY stock?
So what does this mean for current holders of SNEY stock? If they want the price suppressed, will they eventually want the stock to go up? Are we screwed here?
SNEY-Gold going up!! Check it out!
Thanks for the info...one question, lets say they do drop it to .005...then what number are we talking about for them to make a significat profit? Back to our original starting point of .026?
That is why I keep asking those questions...I want to make sure the game I am playing is one that I can win.
Thanks!
So are you saying that Asher's converts its shares, SNEY's stock price will drop tremendously, but we shold hold on to our shares because the stock price will eventually go back up so Asher can cover?
How will we know how it is "managed?" Taking in all the information discussed on the board and doing some research, I am trying to determine if this is a good move or a bad move for SNEY. I assumed a good move as it is funding, but trying to determine the validity of the some of the information I have come across that paints Asher in a negative light. Some information confirms that Asher will only eventually drive down the stock price...not sure why a comapany would do business with an alleged scheme like that, but this is a penny stock. Trying to cover all my bases.
Thanks
Lets here some opinions...Is Asher a positve or negative event for SNEY? Why or why not?
Why is this bad news?
Difference between schedule 13D and schedule 13G
http://www.unboxedthoughts.com/2011/08/11/another-difference-between-%E2%80%98d%E2%80%99-and-%E2%80%98g%E2%80%99-is-more-than-just-the-obvious/
You and me both brother!! I am so ready to be able to sell BEACH BUM FROM BALI shirts on the beach!
Ready for some action!
Ice
Why next week though?? What's going on next week that is more different than previous weeks?
Bali...I love you like an internet brother!! You have been say this for months now. When is the excitment going to come to fruition?
Patiently waiting...
Ice
I can't disagree with your assessment. I was hoping for something different from the new leadership. I know things can be tough on the ground and SNEY might need more time, but PR's with healthy progress and pics/videos as has been mentioned on here would be encouraging.
Theory: Maybe the company is waiting for gold prices to go back up before sharing information about processed gold as to make a bigger statement.
Trying to stay positive
Ice