Wow. Huge news here. Who could have seen it coming?

Doug's STRATEGIC BRILLIANCE SHINES AGAIN!!

HOW, well, I'm thinking the BRILLIANT MANAGEMENT TEAM at UEEC, with input from their TOP NOTCH SCIENTIFIC ADVISORS, are DELIBERATELY coaxing the price down to allow their loyal stockholders to BUY UP EVEN MORE before the big announcement. I mean, it's clear as DAY!! Who knows, maybe we will get down to 10 cents a share before the run-up to give us the chance to make another !0,000 PERCENT GAIN!! It has HAPPENED BEFORE!!

$10+

Yeah, you are right. Doug was a jerk, pure and simple. And they didnt't want to answer questions. It stunk, just like just about every aspect of this company.

I wonder why some people are so absolutely SURE there is some miraculous curative power in the stypes? It is true that the few reviews they had of the bandages were mostly positive, but not so overwhelmingly so that they sold a ton. In fact, they shut down that whole side of things.

Then, almost as an AFTERTHOUGHT, it seems ,we have the surgical application. Well, why DIDN'T somebody think of it before? I guess one or two doctors thought it was as good or equal to the competition. But how could it be SUPERIOR when big companies like J and J have had years and millions of dollars to spend developing a better alternative?

Well, I guess I am talking to the wrong people. Lately I've been shorting some stocks like NNVC and BIMI, that had tangential connwections to the Corona Virus. Everybody FOMO'D into them without doing any DD. And they are all tanking. Kind of a quick version of what I see happenning here.

It gives me no joy to be right. I feel sorry for people that lose their money. I can't imagine why somebody with pharma experience would support this. Dont forget the market cap is ALREADY $190 MILLION. So, in order to buy it outright, lets say, they would have to come up with that. Is it really realistic to think this bandage just HAPPENS to be so spectacularly different as to command such a price? Well, we will see, won't we.

Well, okay. Thanks for the fun comments. Of course I get upset when I get flamed for my opinions, but I don't live to diss other people either. I dont see how anybody can expect to make money here, that's all. The stock price is so incredibly over-valued relative to the recent revenues and considering ongoing litigation, and the compensation structure for the Board so self-serving. The CEO as much as told people directly how much contempt he has for them. And yet, hope survives. Anyway, I actually DID short 100 shares today. I ended up covering and lost 7 cents. OUCH. On the other hand, I had the good fortune to buy a few dozen TSLA shares this AM, too, so I will probably recover. I've learned my lesson, tho....

Oh really? Can you tell me where I went wrong? I thought I said this stock was a scam? Has that been disproven? How had you been doing with your other incredibly boring loser penny stocks, chum?

Oh, REALLY? On 1/15 Short Interest was just 6%, and the stock just HAD a major run. On what possible basis do you see a squeeze happening?

HAHAHAHA, oh that is so FUNNY....so you are saying somebody has been LOWERING the price so they could BUY MORE? Well, how far do you want to push that? Maybe wait til the shares are .25 and THEN jump in???

Folks, that is hardly ANY short interest, given how vulnerable this stock is. It has more to do with the low price than anything else, and many brokers consider stocks like this too risky to lend out. Longs are really lucky. Nope, declining SP has more to do with longs leaving and no credible rationale for new buyers.

Okay, we got reams of merger details now. Looks like at least 8Milion more shares get handed over to debenture and BAtchfire holders. Ses gets a bigger share of the Callide mine. And gets married to similarly-troubled AFE. All depoendent on an upcoming shareholders' meeting. I don't see anything new or exciting here, only that they might have managed to convince some BF shareholders this was somehow a good deal for them that might get them access to more capital markets/investments. Why they needed a heavily-indebted company with a failed technology to do that for this is my big question. But I think more that a few of those BF holders had dual loyalties. Stuck with SES shares anyway, so what the heck. Maybe, at least, it made their investment a little more liquid. The stocks' prompt drop of 9% maybe have been a factor of the announcment coming in the after-hours with the market focusued on the C-Virus and the Trump Impeachment.

Still to come, and most important of all, are the self=proclaimed brilliant and HIGHLY SUCCESSFUL money makers of Stocktwits. What will they advise their loyal minions to do!!!??

DESTINY AWAITS!!

Wait, this company has employees? I thought it only had Board Members!!

Well, good for you! Glad to hear it. Chris brings up the notion of opportunity cost, as well. Though I often wonder why, the overall stock market is still on a roll. Meantime,This puppy has been stuck in a range forever. I think that's deliberate--if it goes below $1 I'm not sure if it doesn't run into listing issues.

I still don't understand why everybody feels it necessary to stay fully invested here at all times. How about investing elsewhere and the MINUTE an announcement of some kind goes out, jump right back in? You know there are not going to be any OTHER reasons for the stock to go up. But, suit yourselves.

Always, you're Aces!

Good time to short. Nothing here but mindless enthusiasm, imho. Management that threatens to sue naysayers. Already way down from its peak. Just went on a run because the whole sector did. The interest rate is relatively cheap.

I don't care if you sell or hold. No position here. I'm just amazed that ANYONE would keep holding. I guess it's because they made so much money, on paper, with it, that they think it is likely to continue. When virtually nobody from the outside world that takes a look at it thinks the same thing. If you would care to look at the financials, you will see thatthey ARE running out of money. I expected the principals to have bailed by now. But I think they, too, are waiting and hoping for the 'approval', when they hope there will be so much wild enthusiasm the price will spike and they'll cash in. There's no indication it will be otherwise. The company cannot continue to exist paying the salaries and expenses it does, facing the lawsuits it is, and not actually SELL SOME PRODUCT or be absorbed. They are obviously done with the former track and are only talking about the latter in the vaguest possible terms. They dont't believe it is going to happen, but it keeps the stock price up to pretend it is. But no matter, it will make a great tale for your grandchildren, and it makes people like me, who may have had some losses in the market of late, feel like GENIUSES that at least we weren't bamboozled the way the UEEC cheerleaders have been. GLTA!

I am SO AMAZED a person could hold up to $1 MILLION in a speculative stock and NOT want to sell a good portion of that. Can I ask what price you paid for them? I'm guessing hardly anything? Doesn't it seem kinda ATYPICAL for a stock to go up as high as this one? Do OTHER stocks you've bought behave in the same way? How would you feel if this ultimately went nowhere and that Million dollar investment you have today goes back to $10,000.? Why not get out while you can and have a comfortable retirement?

I guess the SEC is going to let SES continue with NO DOCUMENTS REGARDING THEIR FINANCIAL CONDITION. I find that kind of stunning. The price is being run up and down by speculators--nobody is buying it as an investment. How could they? The needed financial reportage is 6 months out of date. I guess they were promised hat SES would wind up the merger real quick.

Some READING ASSIGNMENTS on $SES for those of you who don't consider self-proclaimed 'leaders' on Stocktwits sufficiently informed:

https://seekingalpha.com/article/4297701-synthesis-energy-is-extremely-risky-play

https://seekingalpha.com/article/4278439-synthesis-energy-systems-is-essentially-empty-shell-debt-1-price-target

https://seekingalpha.com/article/3976321-synthesis-energys-hydrogen-plant-is-fruitless-endeavor-and-likely-will-never-happen

https://seekingalpha.com/article/3975476-synthesis-energy-is-all-talk-and-no-walk-technology-is-still-inefficient

Are you simply horribly uninformed or deliberately misleading people? No way is this a billion-dollar company. I think their market cap is $8M. I wont go thru the list, believe what you like, but I challenge you to find any balance sheets or other documents remotely backing up your nonsense.

They have almost no revenues. Their operating plants are failures and/or not generating any income for them as the Chinese stole their tech. They owe $10 Million in 11% debentures, which they plan on paying off by issuing STOCK.

They don't own ANYT MINES, other than 37% of the Batchfire Mine, almost all of which came from their subsidiary Australia Future Energy, which owned 25%. AVRA, a Singapore company, owns the rest of it and they turned down SES's offer. Its not 'clean coal', its coal to gas technology. THey have way overdue issues with the SEC and had a hearing with them 12/19 which we still haven't heard about.

All the information you could ever want is here on their SEC page. Prove to me you are right and I am wrong or stop with the exaggeration which has everthing to do with your bagholding and nothing to do with the truth.
https://www.sec.gov/cgi-bin/browse-edgar?company=synthesis+energy&match=&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany

Thanks for your input. Are you SURE AVRA has turned down SES's offer? Is there a deadline in the merger papers? Damn, I can't bring myself to sift thru those again..

That, it seems to me, is pretty significant. Basically, it means that ABSOLUTELY NOTHING has changed. The stock, as fairly valued by the Market pre-merger, is worth maybe $1.85 !!??

And a lot of people holding the stock pre-merger were dreamer-schemers who pumped it as a lo-float and hoped enough people would jump into it on that basis. They weren't investors, they were gamblers. Nor have any of the Board members bought any stock lately.

There are MILLIONS in loans outstanding. The company has an agreement with the debenture holders to trade them SES stock to eradicate that debt, which I think was in the neighborhood of $10M. Meaning dilution. The company as much as said so.

True, there will the presumable enhancements in terms of the sale of coal at the Callide mine. Although nothing is new about this. AFE is ALREADY a subsidiary.

Truth is, we don't really know much the new company will be worth until AFE's balance sheet becomes public. I certainly wouldn't hold out for that if I were long.

But I don't get why you seem to feel the whole gasification plant is going to happen? Have you been following what is happening in Australia? Like a global warming apocalypse. I don't think the government is going to spend a BILLION DOLLARS for a plant converting the coal into gas. Why? There's lots of gas since fracking.

White Diamond Strikes AGAIN!! Thought you guys might be interested in another probably-fraudulent medical stock very similar to UEEC, that was recently exposed by White Diamond Research. Also, as with UEEC, there were howls of outrage and denials from management and principal stockholders. To little avail, the stock headed dramatically downwards. Read it and reflect, dear ones. Merry Christmas. https://seekingalpha.com/article/4310714-enochian-biosciences-story-just-gotten-even-bizarre?v=1576371294&comments=show

Per the postings at the SEC website today-- So far as I can see, SES is asking for an INDEFINITE POSTPONEMENT from the SEC. Not even saying on what date in the future they will reveal what the damn company's finances are!!.

As I've said before, I think they don't want the remaining Batchfire shareholders, who may possibly still be considering whether or not to exchange their shares for SES's, to KNOW how bad the statistics are.

And they are doing THAT, because of the UNWARY pumpers, flippers, etc., in this country who don't even care about the underlying problems with this company, so long as they can generate periodic 'runs'.

Anyway, I can't imagine the SEC's patience isn't completely worn thin at this point, and that there were at very LEAST be a hard deadline for the missing financials after the hearing on Dec. 19.

Good to know the SEC is still very much on this, and only gave them 6 days of reprieve to get their documents in order, no matter how much BETTER they will no doubt look after the 'merger'.

Great short. Looks like a total con. Founder is an obscure Turkish 'doctor', who recently was convicted of burglary. Has very questionable and borderline quack cures for cancer and Hepatitis. Balance sheet riddled with particularities. More stock unlocking in Feb, bringing the prospect of future price declines AND more shares available for short.

Nobody is coming to marry this old hag of a company. With something like a $200 Million Capitalization, who is going to put up a FRACTION of that on the basis of ONE TINY TEST. When they can just as easily and at far less cost, develop their own cellulose hemostatic product, or improve the one they already have.

I would suggest if any suitor were REMOTELY interested, they would wait until bankruptcy overtakes the company. They can see how the 'Board', all 3 of them, is stocked up in shares primed to sell the while the price is still high. Or, perhaps waiting until FDA approval and hoping that attracts some more retail stockholders.

Once the board sells off some of its shares, and drags the price of them down, and a lot of the present retails lose patience, maybe somebody will buy them. But for #200 Million, no way.

Tell me, has anybody with any experience in takeovers, acquisitions, etc., EVER stopped by and said, "Hey, hold onto your shares this thing is going to skyrocket?" We think NOT!

Bah Humbug, Everybody!!
E. Scrooge, Esq.

I mean, you want EXCITEMENT, buy Tesla, or Disney, or Amazon. Lots more growth potential. Much, much safer!!

Somebody tell this lady that is 'short volume', which basically means nothing. It does NOT mean 83% Or whatever are actually short. At that rate, the interest rate would be, like 2000%. Somebody WAS right in that it aint really work shorting until it gets a bit higher and/or unless it is really going down FAST. Nobody just sits on a low-priced stock and pays interest forever. Not long being long, where you can hold forever with no expense. It's totally ridiculous to count on a penny stock to provide for one's retirement. There are too many SMART people on Wall Street that are looking for REAL opportunities, even risky ones. Nobody thinks this stock is going anywhere, except for a few beginners who made money on it because it has a low float. There are NO regotiations, there are NO buyers, NOBODY wants to pay, I dunno, $200 Million of this thing. I know you don't believe me, but there ARE shorts out there who WILL take advantage the moment the FDA thing fails, or maybe earlier if The Board takes their Golden Parachuts out for a flight this Christmas. Much better to chase a rally, if there ever is one, that to bail out when everybody else is trying to. Think about it. Toodles. P.S. Yes, somebody was right, I am too involved in SES and CEI, too OTHER dogs, that are going down RELIABLY RIGHT NOW! Though, who knows...

So, in this case, you are saying that those warrants may have been exercised. I've never held any, so am unclear what takes place. The holders pay the $3 or the $6 per share to the company DIRECTLY, and they get issued shares in return? So....that means the float is that much larger, but it's not reported right away and people would be trading on the assumption that there are fewer shares than there actually are? You may be ASSUMMING this based on volume, however, there are a lot of inexperienced penny traders , swing trader, momentum traders, etc., that get in and out very fast that might overstate the volume.

So, in this case, you are saying that those warrants may have been exercised. I've never held any, so am unclear what takes place. The holders pay the $3 or the $6 per share to the company DIRECTLY, and they get issued shares in return? So....that means the float is that much larger, but it's not reported right away and people would be trading on the assumption that there are fewer shares than there actually are? You may be ASSUMMING this based on volume, however, there are a lot of inexperienced penny traders , swing trader, momentum traders, etc., that get in and out very fast that might overstate the volume.

Well, yeah. I noticed it went on a run this aft, and covered some. AND, More than likely it will go on a run again tomorrow because it did BEFORE when there were announcements about the 'merger' and that is all people care about. AND the word 'merger'. Can you please speculate at least at the 37% figure? AND the fact that they did NOT also provide the missing financials the SEC wants. The timing of these Merger-related announcements would seem to me curious. Like an attempt to get the share price up again and/or something that might look like 'progress' to the weary SEC when they DON'T come thru with the docs tomorrow.

So, what I am saying is that there is a mysterious 5% that showed up that is more than what AFE and SES SHOULD own if no BF shareholders that weren't already represented BY the two companies showed up and agreed to the merger terms. What is confusing me is that I read that AVAN owned ALL of the rest. Is it possible AVAN broke off a piece of its holdings. Or is my assumption about AVAN's holding incorrect? Or is something else afoot I have entirely missed?

I Mean, is there anything new here. Between them, AFE and SES already own 33% of BF. And supposedly AVRA of Singapore owns the other 67%. There is a disparity in the numbers here. But I dont think there is anything new. And SES will issue MANY NEW SHARES to acquire AFE, which will dilute the present share price.

I dont see that this means anything. SES owned 7%, AFE owned 25% Before the merger. Which means somehow they got 5.5% of the non-affiliated Batchfire shareholders. Or that AFE shareholders agreed to turn their Batchfire shares over. NOW, SES is going to issue new sales galore to AFE and A small number of BF holders. Something is missing here. Well, and the reportage the SEC is looking for is missing as well.

The scumbags are the fast-money types that manipulate regulations to keep their shell games going long after they should have ceased operations. And the retail pumpers who think encouraging others with tales of the vast fortunes soon to be made is blameless. To answer your question, Always, I gave up on you all. And bantering with MAGAbillies was more fun...er, well, perhaps more UNPREDICTABLE than the same here. I might be back. Esp if y'all can the share price up to where it would be realistic to short, so TRY HARD, will ya?

The Nasdaq has given Houston-based Synthesis Energy Systems Inc. (Nasdaq: SES) yet another delisting warning, this time for not filing its quarterly financial results on time.

That marks the second time in the past two months Synthesis has been warned for unfiled financial results — the Nasdaq sent it a delinquency notice in October centered on its failure to file an annual report for the fiscal year that ended June 30.

Even before that, Synthesis Energy was on the wrong side of Nasdaq listing standards because its stockholders’ equity had fallen below $2.5 million, according to a May 16 letter from the exchange. That first warning will come to a head in early December — the company’s six-month grace period ran out in mid-November, but it has requested a hearing from a Nasdaq panel, which puts a stop to delisting proceedings until Dec. 5, according to the latest filing with the U.S. Securities and Exchange Commission.

The late financial filings are the result of restructuring at the company ahead of its planned acquisition of Australian Future Energy Pty Ltd., CEO Robert Rigdon said in a Nov. 22 press release.

Synthesis currently owns about 35 percent of AFE. The Australian company was created to own a position in resources, such as coal and biomass, for production of fuel gas and synthetic natural gas to be used in power generation and the production of agricultural chemicals using Synthesis' gasification technology, according to a previous press release. AFE is Synthesis' exclusive channel to the Australian market.

When the acquisition closes, AFE CEO Kerry Parker will become president and CEO of Synthesis, and AFE COO Ron Higson will become COO of SES. A new CFO for SES will be named when the deal closes, if not before. Robert W. Rigdon, currently vice chairman, president and CEO of SES, will remain on the company's board. Synthesis' board also is expected to appoint one or more additional independent directors, as all other current directors of SES will resign their positions when the deal closes.


Synthesis’ most recent annual financial results are unavailable, as they have not yet been filed, but it produced $1.51 million in revenue during the fiscal year that ended in June 2018, according to an SEC filing at the time. The company said in its latest SEC filing that it is working to get the annual report, along with a regulatory filing associated with the AFE deal, done and filed.

https://www.bizjournals.com/houston/news/2019/11/27/houston-energy-co-picks-up-third-delisting-warning.html

Of course you are right, sir. I'm amazed you consider any of the postings here as any kind of evidence. There are plenty of well-research take-downs of this company. The latest CEO 'call-n' was a complete disaster, where he managed to offend even the most loyal shareholders. The company tried once and failed to sell Hemostype as a retail bandage. Then, lo, it's a MIRACULOUS SURGICAL Godsend. Easily to defeat billion-dollar players like Johnson and Johnson.
It's possibly the most over-valued stock on the Market. Due to a possibly ilegal whispering campaign promoted by management, that they are speaing to takeover candidates ALL THE TIME! I mean, who WOULDNT want to take over a $200M company that can't sell its product, and in such a way that anybody other than the BOD benefits?

Kudos for picking up on the funny business with the shares.

Did you notice the lawsuits as well? And just the lethargy pervading management's pronouncement. They clearly are looking at the clock and getting ready to pull up stake. Of course, people have made fortunes here. There's one born every minute. And of course, I hope I am wrong and have no involvement personally either way.

Wait, don't you mean DE-LISTING of its shares? Exit plan for who? Could you spell it out like I were a 12 year old? I understood BF shareholders would get 1 share for their 12.

Have you managed to find enough data to estimate how much those Batchfire shares are worth? When you say they are getting SES at $6 a share, don't you mean they are getting it at whatever SES's share price is that day. If SES gets delisted 12/05, as is at least possible, that is going to destroy the SP, at least temporarily.

And, given that, and assuming Batchfire shareholders have a bigger stake in following SES stock than the average penny stock enthusiast, wouldn't they be better off waiting until delisting ruins SES's share price? Or maybe holding out for a better deal on that basis.

I really don't understand why BF shareholders, other than those that are associated with AEF, would want to hitch their coal mine to SES's wildly fluctuating share price, high-interest debt, questionable Chinese investments, and commitment to an unsaleable coal-to-gas technology?

Most of the share price is being held up by feckless amateur penny stock traders. I very much doubt if a single one of them has been following the underlying issues. They are only doing TA, acting on the basis of TA 'gurus', considering SES to be an 'energy' stock, etc.

Anyway, I really appreciate at least ONE informed observer's comments. All of mine are my opinion only.

Well, right you are! I thought it was owned by a bunch of individuals. But I guess that was before AVRA got involved
https://www.lexology.com/library/detail.aspx?g=48c7ae15-6526-4c54-966b-e596252f794d

That kind of changes things. Not sure AVRA would want to trade their share for SES stock. Are you SURE the only alternatives are the binary ones you suggested? It's not possible for AVRA to peel off some, but not all of their shares? It seems to me SES is desperate at this point and would take ANYTHING that would potentially make their balance sheet look better. They are practically BEGGING the SEC to postpone delisting until the 'merger' can be completed. On the other hand, they do mention that they need to get the audit done BEFORE the merger can be completed. And it would seem that the financials might be so bad as to cause a drop in their share price to a level where AVRA would be less interested.

Since it's taking them SO LONG to deliver their required financials, once can only assume it's before they AIN'T GOOD! They never offerred an explaination. Like, "Oh, our CFO accidentally shot himself in a hunting accident." Nope, their responses to the SEC give no explanation other then they were 'trying hard' to do it. Clearly, they hoped to have as much as they can of the merger done before they report.

They might even decide it is better to go ahead and be DE-LISTED, and moved to the OTC than to show their cards.

WHY? Because, IMHO, they desperately need as many Batchfire shareholders as possible to turn over their shares for SES shares.

Hopefully, as many as 51%. That way they would have Batchfire's productive assets to claim as their own. Why Batchfire's shareholders would do that is an open question. Probably has a lot to do with them being ignorant of the REALITY of SES's financial status. And buying some hopeful fantasy of the merger enabling better access to US capital markets

IGC A 'CBD Drink' idea is a total laff. They tried this in fall 2018 and it drove their stock up to $14. Then, they got delisted, then they got sued. Then, they got relisted. They came out with an over-priced, useless hemp product supposedly to help with Alzheimers. On sale ONLY in Puerto Rico for $75. Their headquarters was a broken-down nursery school in Maryland. They tried to be a blockchain company when they thought that was the trend. There are ongoing shareholder class action suits. Truly a magnificent scam!!

As $NBEV found out, nobody cares if you have a soft drink with a tiny squirt o CBD oil in it in such a low concentration that IT DOESN'T DO ANYTHING!!!

"...there can be no assurance that the Panel will grant the extended stay or that the Panel will grant the Company an extension to enable it to complete the planned merger transaction and thereby demonstrate compliance with all applicable requirements for listing on The Nasdaq Capital Market."

Whoa....The CEO of the largest US coal producer contends that coal is essential. I never saw that one coming!

I doubt that even the currently conservative Australian government is going to plow money into this bankrupt company. And, I am cautiously optimistic the World is going to wake up to the vast and fearful consequences of fossil fuel burning in the near future. Either that or everybody suffers tremendously.