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They may already own most of the OS, and before I get jumped on by people, there are ways of them doing this without any filings. I have looked into it and there are ways to accumulate offshore without having to do this.
I'm still trying to come up with legitimate reasons why they released that PR, I have to admit it threw me for a loop, it also partly confirms my statements over the past week that some entity wants these shares at these levels. There was a bigger drop over that PR then there was a spike over the positive ones. Rothman must of known this would happen.
Did we confirm that the release from XS was bogus? If its not then why didn't the company release it?
Rothman releases a PR stating that they are Caveat Emptor, why? in case the whole world did'nt see it, then he holds back on a PR that names the buyer, it doesn't make sense.
I have seen many scams down here and up until the negative release this one was following right in their paths except for the low share price. The low share price is whats keeping me in this game, that and the fact that its not worth it for me to dump at these levels.
Every possible scenario I post is only speculation as everybodys should be at this point.
Somethings going on here that is out of the norm, thats why I say that it may be worth it to pick up a few at these levels even if you have been scammed a few times before.
Heres some research for ya girl
Tunisia: Tunisian Solar Plan shining
African Manager
The Tunisian-French Chamber of Commerce and Industry (CTFCI) held, on Wednesday, a debate on the Tunisian Solar Plan (TSP).
Secretary of State in charge of Renewable Energies and Food Industries Abdelaziz Rassaa, who conducted the debate, made an outline of the TSP.
This plan includes forty complementary projects involving solar energy, wind energy, energy efficiency, power interconnection with Italy, and manufacturing of photovoltaic panels...
The TSP will mobilise total investments of 2000 million euros (3950 million dinars), 1390 million euros of which (2746 million dinars) paid by private operators.
TSP will allow an additional energy saving of 660 ktoe (kiloton oil equivalent) and a spared amount of CO2 estimated at 1.3 million tons a year.
The TSP, in harmony with other international strategies including the Mediterranean Solar Plan (MSP), materialises Tunisia's ambition to become an international platform for the production and exportation of solar power.
It is worth noting in this regard that a Tunisian company, along with four others from
Morocco, Spain, France and Italy will join the Desertec solar power project that aims to supply 15 percent of Europe's power by 2050, according to chief executive Paul van Son .
Founded by 12 mostly German companies last year, the 400 billion euro ($549.2 billion) project will use mirrors to harness the sun's rays to produce steam and drive turbines for electricity generation in the Sahara region.
The new participants will be announced in March, van Son said, adding there was no shortage of companies interested in joining the Desertec Industrial Initiative (DII) which was created last year.
"The more the merrier," said van Son, 56, who before his appointment to lead DII in October had headed the European Federation of Energy Traders.
"We want to make it more of an international project," he said, addressing the concern that it has until now been mostly a German initiative with 10 German firms, but only one Spanish and one Algerian company on board.
"With the new partners we'll have a broader base. That's important for acceptance. It's important that we have companies involved from MENA countries (Middle East and North Africa)."
The 40-year plan to power Europe with Sahara sunlight has gained momentum, he said. The world's most ambitious solar power project would advance in stages with the first phases operational within a decade.
Fields of mirrors in the desert would gather solar rays to boil water, turning turbines to electrify a new carbon-free network linking Europe, the Middle East and North Africa.
Twelve member companies -- including Siemens, E.ON , RWE and Deutsche Bank -- back the initiative launched by Munich Re last July
Tunisian is Arabic but its dialect is also considered a language of its own
Theres a company in Tunisia called Nour Technology
Nour translated into Tunisian means "light"
http://translate.googleusercontent.com/translate_c?hl=en&sl=fr&u=http://www.tunisie-annuaire.com/annuaire-tunisie/f103805--nour-technology/&prev=/search%3Fq%3Dnourtechnology%2Btunisia%26hl%3Den%26rls%3Dcom.microsoft:en-us:IE-SearchBox&rurl=translate.google.com&twu=1&usg=ALkJrhiRpxMWtyOBYE0OF99IQhaL0J5MIw
Lol, and i'm chasing it with Jack. EOM
Yes, but what if the buying was coming from the company that made the offer?
This is fun isn't it REY?
It would be tough to prove insider trading if the buying didn't start until after the press releases.
Its easy for the SEC to prove that investors got scammed into buying a stock.
It would be almost impossible to prove that investors were scammed into selling their stock.
Picture this scenario, you have a handful of people that know for a fact that this deal is real, it doesn't have to be the company, it could be friends, family or business acquaintances. Rothman follows in the footsteps of every other scam that has taken place with these buyouts in the hopes that that the word would spread that this is just another scam keeping the shareprice from spiking. The more they make it look like a scam, the lower the PPS goes, now you would have to admit it is unusual that we are sitting at these levels after all this news but maybe thats exactly what they want. As investors dump, the shares get gobbled up by the people in the know, the deal goes through as planned and the money that is made is astronomical.
Thats what I mean by "the greatest form of reverse psychology I have ever seen"
Now do I think this is happening? No I don't
But wouldn't that be the ultimate gameplan if it were true?
My God it would be brilliant.
Making a deal look like a scam when it actually isn't.
The company buying back the shares is a scenario that I have pondered. If it were the truth this would be the greatest use of reverse psychology I have ever seen.
I don't think it matters what they do now Charlie, whether the deal was real or not the plan backfired. If this deal was real they didn't think it through to well. Rothman knows how these scams take shape and he played it exactly like all the other ones. The first thing I would of done if it was legit was to find different steps to take in order to increase the PPS so it didn't follow in every other path that all of the buyout scams down here do.
Think about it, if you had a deal on the table that was legit wouldn't you have approached it in a different manner instead of following the same old path causing great skepticism from the get go, which is exactly what happened here.
The mistake they made was not utilizing the subsidy, whether it be real or not it would of looked like they were getting a fresh start.
They had options that they didn't utilize, the perfect plan would of been to merge into the subsidy and change the symbol and then pull off the scam.
Thats what got me to thinking this might be real, because they totally pushed aside United Power Solar. If this was a scam why not use UPS to your advantage, not once was it ever mentioned in any of this.
What kind of finances are you trying to trade this with? Are you using cash from your regular account or are you using some sort of IRA?
Sorry Charlie, not good enough. When the reward outweighs the risk by a margin as large as this its worth it to take a shot I think.
Its key here to base your decision on the amount of PRs they release from here, though there is a limit to how far they can stretch this to try and get a big spike.
If these guys intend on releasing Prs on every detail the red flags will skyrocket for me, I agree with you on that.
What I am looking for next is a PR that releases the buyers name, the price, the decision that they make and whether or not it is excepted. If this is a scam I do not think they will do this because if it doesn't cause a spike they are out of options.
If they decide to release these details in seperate PRs it is a sign to me that they are doing everything they can to get that spike.
Now, if they do release seperate PRs for every detail and one of those details causes a spike I will play that spike and dump.
Its key that you make up your mind what you are going to do in certain situations as this plays out and stick with your decisions.
You cannot let the PRs sway you from your gameplan, thats how they get ya.
Thats the good part about this whole thing. I don't know what THRR spiked to on the same news but it seems to me people lost large amounts of money based on the bitterness that has made its way over here.
Now heres what you will see if this turns out to be bogus.
You will see every bitter person that has been here from THRR screaming hahahah I told you so, and it will go on and on for a couple of days until it dies down.
But, in reality they will be gloating because they will automatically assume that we are devastaded that we have lost large amounts of money over here when in actuality you hit the nail on the head. If this thing is going to stay at .0003 why not pick up a few mil.
That is why you are seeing people that are quite negative about this stock stating that they picked up a few shares as lotto anyway.
I'm locked in here and I hope its for real, if its not i'm not going to lose any sleep over it because the dent it will make in my portfolio will be miniscule. The scammers will be more pissed off than me because they are not getting the spike they expected nor the profit from the scam if it is one.
I have said from the beginning that it is a positive thing for this stock to be sitting at this price after all these PRs, except if you expected to flip it before the end of this whole scenario on a spike that never came to fruition.
They can gloat all they want if this turns out to be a scam. I know for a fact they will be wasting part of their breath on me.
Rocky
Heres the answer I was given when I looked into this.
"There would be no filing if they used multiple entities offshore and transfer certs at what they paid(.0001) to the entity they are using to buy SNRS."
Wow, anybody see the Chinese solar stocks today?
Somethings up
http://www.tickerspy.com/index/Chinese-Solar-Stocks
Cmon now SB, you know what my next questions going to be.
Show me
I agree Charlie, but you can't say the latter doesn't happen. As long as they don't have to prove the Prs, at least down here anyway, they won't. Who are the ones that get hurt the most, guys like us who just want to invest in a company trusting that they are telling the truth. Its a tough system and theres no getting around it.
You better believe it, i've seen worse. I know of guys that would call companys and tell them that they better take the product off the shelves unless they wanted to be indicted by the SEC and DOJ.
Hows that for scum of the earth
I thought Ron didn't run this company anymore, I thought it was Rothman?
I see you got in, congrats.
You missed my point, the reputation has been sullied for years. Thats the reason why I think this isn't moving thats all.
That being said I hope we explode 500% after lunch.
Aussie, heres something I posted on the 24th,
"Correct, thats exactly how the system works down here. The company issues loads of shares to get the PR groups to put out the first, second or maybe even third set of PRs. The stock goes up, the PR firm sells. Thats why, as I stated in an earlier post, that you do not want the PPS to skyrocket on the fluff. Let them dump their shares at .0004, who cares?
Would the PR firm love to see a spike to .005 on fluff? Of course they would, but in this case they are not so they will settle for .0004 or .0005.
Now, is this bad for investors? Absolutely not, its exactly what you want to see, let them get the fluff PRs out and let the PR firms dump at a low share price.
The next step is the most important, which would be substantial news with revenues in the millions. This would bring the PPS up in a normal fashion ultimately raising the resistance levels without PR firms in the way dumping millions of shares onto the market.
An incredibly smart move by the company not to release a significant PR with so many free shares sitting out there that would drive the shareprice down on a substantial spike. This would also negatively effecting shareholder confidence causing a panic sell off by weak hands therefore rendering the substantial PR useless."
I'll throw this out there one more time, Google SNRS scam and take a look at what comes up.
Its way to easy, theres to much bad info about this company out there.
This company is already toxic whether these PRs are true or false.
I got some shares but I can't see this moving up under this symbol.
I agree, I think it would be crazy not to hold at least a lotto ticket for this one though. Even if its not on the up and up theres a chance to walk away with some nice change.
Hey Fire, how fast do the 4s go down today?
If you don't mind me asking, do you remember the movement on any of those stocks on the day the news of the buyout was released. Did they have 200% or 300% gains at EOD or did they end up flat like this.
TIA
What do you think? Are we one step closer to that scenario or what.
Don't lose sight of it, what happened today is exactly what should of happened if what I said this morning is true.
Hey General, haven't seen you in awhile. It is rather large isn't it?
See the post above yours? Theres your answer
Sorry I didn't get to you in time EOM
Rey, did that large sell from Nite go through?
IMO, we will never see triple digits under this symbol.
Its not feasible for the company to be dumping shares, not at this price.
However it is feasible for them to be buying them back. If they merge into United Solar they win, if they get bought out they also win. Much more money to be made in the latter.
Remember what we talked about?
Exactly, but I think they will force the PPS on SNRS to go higher tempting you to sellout because the company wants your shares before the merger. It may be TOOOO tempting if you hold millions of shares.
But consider this, if my scenario is correct. Its a win win situation if you hold out. Even if UPS is a scam you will make money off of new investors who will not go back far enough in their DD to figure out that it was once SNRS, probably more than if you sell SNRS at a nice profit.
But of course we should cover our a$$es first.
Thats what it all comes down to Firebag.
Now there could be a chance that we could have two chances to make money here.
1st- The company is legit
2nd- and this is going to sound shi++y but because we are on the ground floor with SNRS we could actually make a ton of money off of new investors that get scammed into buying UPS.
Ouch!!! Believe me i'm not for that at all, but if we are still here after the merger and its a scam WE will be SNRS.
Understand what i'm saying, we will be in the same position as the scammers gearing up to make money off of new investors in a new company.
Now lets not forget that some guys are brilliant when it comes to finding new ways to scam people. UPS could be a new scam that they are building on top of the old one, which would be a perfect scenario for bilking new investors ultimately making them a ton of money off of SNRS once again. Its extremely important that sales are legitimate and comfirmed once the merger takes place. Filings must be proper and on time with the SEC or else the skepticism will begin all over again.
I find it hard to believe that these guys would be naive enough to think that they can fool investors twice with the a company as toxic as SNRS. All you have to do is google it and you would find multiple websites where it is listed as a confirmed scam or pump and dump, I believe thats why we are not seeing the spikes on the fluff.
A downhill merger with timely confirmed sales would dissolve SNRS into oblivion.
It doesn't matter who is pumping this company at the moment, they are only being used to get current shareholders to dump so they can buy back because once the merger is confirmed and if the new company is found legitimate its a whole new ballgame.
If it is found that the company is buying back billions of shares this is the first step to confirm my synopsis.
Now in order to do this we have to place total trust in Rothman,
HA, easier said than done.